In 2007-2008, we broadened our engagement with the establishment of our Community of Global Growth Companies. These fast-growing businesses, many based in emerging economies, are set to be leading multinationals within a decade. The first Annual Meeting of the New Champions − or “Summer Davos” − in Dalian, People’s Republic of China, brought together our first GGC members, along with Technology Pioneers, Young Global Leaders and the leaders of fast-growing regions and cities. In pursuit of our mission to improve the state of the world, the Forum continues to work very closely with governments around the globe. This partnership was again demonstrated at our events by such distinguished participants as US President George W. Bush, British Prime Minister Gordon Brown, Mexican President Felipe Calderón. Japanese Prime Minister Yasuo Fukuda, Russian President Dmitry Medvedev and Chinese Premier Wen Jiabao.The World Economic Forum has the ambition to be always ahead of its time. This year we laid the foundations for two new major creative breakthroughs, WELCOM (World Economic Leaders Community) and the Global Agenda Councils (GACs).