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Boao Forum for Asia

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Updated:2018-10-29 |

Boao Forum for Asia

The Boao Forum for Asia (BFA) is a nongovernmental and nonprofit international organization with a fixed conference date and a fixed location.

Proposed in 1998 by Fidel V. Ramos, former President of the Philippines, Bob Hawke, former Prime Minister of Australia, and Morihiro Hosokawa, former Prime Minister of Japan, the BFA was formally inaugurated on February 27, 2001.

The BFA has won great support from Asian countries and attracted extensive attention from the whole world. It has become a high-end platform for dialog among leaders of national governments, industrial and business circles, and academic circles of countries in Asia and the wider world about important issues facing Asia and elsewhere.

The purpose of the BFA is to work from its base in Asia to promote and extend economic exchanges, coordination, and cooperation within Asia and between Asia and other parts of the world. It also aims to create a high-end dialog platform for governments, enterprises, experts, and academics to discuss economic, social, environmental and other relevant issues. Through its networks in political, business, and academic circles, the BFA will serve the ever-growing economic cooperation among its members and between its members and other entities.

Boao in China's Hainan Province serves as the permanent site of the BFA Headquarters. The BFA has held its annual conference at Boao since 2002. As the host, Chinese state leaders attend every annual conference and deliver a keynote speech on China's philosophy of development and cooperation among BFA members.