The Fifth Global Think Tank Summit opened in Beijing on Monday with more than 100 academics from home and abroad gathered to discuss sustainable development.

Hosted by China Center for International Economic Exchange (CCIEE),the summit covered topics including globalization, sustainable development, the Belt and Road Initiative, and regional and global security.

Researchers must be aware of the new circumstances facing globalization, and promote global governance and reform of international rules, said Chen Yuan, vice chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), at the opening session.

Chen called on academics to participate in the Belt and Road Initiative and put forward plans to deal with real global challenges.

Participants noted that globalization is the requirement of growing social productivity, and is a natural outcome of scientific and technological progress. It has powered global growth and should not be blamed for the world's problems, they said.

CCIEE director Zeng Peiyan attended the summit.

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