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Annual Meeting of the New Champions 2023 day 3: Here's everything you need to know

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Impressions from the Annual Meeting of the New Champions (AMNC) 2023 in Tianjin, People's Republic of China, 28 June 2023. Tianjin Meijiang Convention Center. Copyright: World Economic Forum/Greg Beadle

Annual Meeting of the New Champions 2023: Join the conversation online with #AMNC23 and #2023夏季达沃斯#. Image: World Economic Forum/ Greg Beadl

Spencer Feingold
Digital Editor, Public Engagement, World Economic Forum
Beatrice Di Caro
Social Media and Live Communications Lead, Digital Media, World Economic Forum
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  • The World Economic Forum's 14th Annual Meeting of the New Champions took place in Tianjin, China, from 27-29 June.
  • Global leaders came together for discussions on the theme "Entrepreneurship: The Driving Force of the Global Economy".
  • Sessions from the final day included spotlights on innovating for the planet, competitive cooperation and China's economic prospects.

The sun has set on the third and final day of the "Summer Davos" — the World Economic Forum's 14th Annual Meeting of the New Champions (AMNC) and the Forum's first in-person meeting in Asia in over three years.

Over the past three days, more than 1,500 global leaders from business, government and civil society have gathered in Tianjin, China, at a crucial time for the global economic recovery.

The theme this year was "Entrepreneurship: The Driving Force of the Global Economy", with participants discussing how to navigate global challenges and accelerate progress on common goals.

Sessions have touched on everything from global debt and the energy transition to AI readiness and emerging technology.

Read the highlights from day 1 here and day 2 here, and join the conversation online using the hashtags #AMNC23 and #2023夏季达沃斯#.

Agenda

Annual Meeting of the New Champions 2023 Day 1: Here's everything you need to know

Annual Meeting of the New Champions 2023 Day 2: Here's everything you need to know

Today's session highlights

Today's discussions ranged from how innovation can help the planet, to competitive cooperation and China's economic prospects. Here's what you need to know about these must-see sessions:

The continued prosperity of societies and economies requires net zero and nature-positive transitions in socio-economic systems. This calls for a reshaping of industrial and agricultural systems, while safeguarding lives and livelihoods, and addressing food, water, material and energy security issues.

Panelists, including Joseph Luc Ngai, Chairman, Greater China, McKinsey & Company, Peya Mushelenga, Namibia’s Minister of Information and Communication Technology, and Lim Seok Hui, Chief Executive Officer, Philanthropy Asia Alliance, discussed the innovations in business, technologies, policies and partnerships are needed to co-create this future.

They touched on the importance of philanthropy and greater communication to avoid working in siloes, as well as the need for clear green standards and more education on climate change and sustainability.

First, we must start with public education among our youth. We start with education, making it part of the school curriculum, particularly at the secondary school level.

Peya Mushelenga

Catch up with the key moments in the Twitter thread below.

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In a world of increasing competition and rising trade and investment tensions, the resultant rifts and fractures pose significant risks to mutual prosperity.

Peng Sen, President of the China Society of Economic Reform (CSER), and Nonkululeko Nyembezi, Chairman, The Standard Bank Group Limited, were among panelists discussing how the business community and public sector can work together for the benefit of all stakeholders.

They touched on the need for reforms around capital, labour, technology and data, and how to maintain the benefits of a “connected and relationship-based world”.

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China is expected to contribute around a third of global economic growth in 2023 but has announced its lowest growth target in decades.

At the AMNC Opening Plenary on 27 June, Premier Li Qiang said China was still on track to reach its annual growth target of around 5%.

In this session, Zhu Min, Vice-Chairman, China Center for International Economic Exchanges (CCIEE), was joined by panelists including Eswar Prasad, Professor, Cornell University, and Carrie Chan Kai Yi, Chief Executive Officer and Co-Founder, Avant Meats to discuss how significantly China’s rebound will impact the global economic recovery and whether the era of high growth is over.

For the world economy, it is important that China grows — and also how it grows.

Eswar Prasad

Catch up on the full session and the key quotes in our Twitter thread below.

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The recent unprecedented economic disruption can create perfect conditions for businesses to be born and built.

Panelists discussed how leadership can harness the entrepreneurial solutions and approaches emerging today to drive the global economy forward.

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