China Business Roundtable explores connectivity in a new phase of globalization

This content has been automatically translated using AI

Muzi Li, Public Engagement, World Economic Forum, Tel: 139 1046 6369, Email: muzi.li@weforum.org

  • The World Economic Forum held its China Business Roundtable online, with more than 300 Chinese and international business representatives in attendance

  • The theme of the Business Roundtable was “The Great Reset: Connectivity in a New Phase of Globalization”

  • The World Economic Forum launched the China Insight Community on the first day of the meeting

1 December 2020, Beijing, China — The World Economic Forum’s China Business Roundtable was held online from 1 to 3 December. More than 300 guests, including leading Chinese and international business leaders, prominent scholars and other stakeholders, held in-depth discussions on “The Great Reset: Connectivity in a New Phase of Globalization.”

The China Business Roundtable took place against the backdrop of numerous challenges facing the world following the outbreak of the COVID-19 pandemic. It aimed to provide a platform for discussing how to strengthen communities and achieve regional and global economic recovery in the post-pandemic era.

At the opening plenary, David Aikman, the World Economic Forum’s Chief Representative in China, said: “The outbreak of COVID-19 has affected everyone to some degree. As an international organization promoting public-private cooperation, the World Economic Forum hopes that stakeholders will use the China Business Roundtable to discuss how to achieve economic recovery in the post-pandemic era while building a more inclusive and sustainable society.”

Discussions focused on four areas: responding to geo-economic shifts; safeguarding global technology governance; leading industry innovation; and rebuilding sustainable systems.

On the first day of the meeting, the World Economic Forum announced the establishment of the China Insight Community. The community aims to connect the Forum’s international partners with key Chinese stakeholders from the public and private sectors and civil society, so they can stay informed about Chinese policies and trends. It also seeks to promote public-private dialogue and address the challenges and opportunities facing multinational companies in China.

Aikman also said: “The World Economic Forum convenes its international partners in China to foster cross-regional and cross-industry public-private dialogue and cooperation. As a neutral platform, the Forum offers international partners an excellent opportunity to exchange views directly with the Chinese government.”

Companies participating in the Roundtable included SAIC MAXUS, Sinochem Group, Fosun International, UBTECH and China Southern Power Grid. Members of the World Economic Forum’s New Champions community also took part. They champion new business models, innovative technologies and sustainable growth strategies, and work to build a better future by continually strengthening the resilience of businesses, industries and communities.

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