The New Champions for inclusive transformations

By Bishnu Hari Nepal
0 Comment(s)Print E-mail China.org.cn, June 27, 2017
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Chinese Premier Li Keqiang addresses the opening ceremony of the 11th Annual Meeting of the New Champions, also known as the World Economic Forum's Summer Davos session, in Dalian, on Tuesday, June 27, 2017. [Photo/Xinhua]



The Summer Davos 2017 (June 27-29) attracted over 2,500 global participants to Dalian, main port city of northeastern China, bringing together many of the so-called New Champions, belonging to almost all schools of thoughts, who are leading the drive for innovation in politics, business, civil societies, academia and the arts.

As a matter of fact, the Dalian assembly this time is really focusing on the next generation of global leaders involved in fast-growing regional transformations, accelerated urbanization, advanced technologies and space exploration.

From 2007 to 2017, despite many constraints, the Swiss-based World Economic Forum (WEF) has been successful in providing a platform for world leaders to discuss ways to enhance science, technology and innovation for resilient, prosperous and inclusive societies. Davos 2017, January 17-20, provided a firm base for the "The New Champions" in Dalian.

President Xi Jinping, as a keynote speaker, proposed in Davos last January a drive for "Total Nuclear Disarmament." In the words of Tsinghua University's Professor Li Daokui, "President Xi sent a very strong message to advance globalization and help the rest of the world benefit from China's development."

In fact, Xi's visions in Davos created an ice-breaking transformation enhancing win-win diplomacy in the contemporary multi-polar world. It was a major breakthrough in visionary transformation by a world power to build a peaceful and prosperous new world order.

Basically, this contributed much to framing the policies for saving the planet and for the "Future Champions" to take up the baton. This certainly was a key part of the theme "Responsive and Responsible Leadership" highlighted at the 47th Annual Meeting of the WEF last January.

In Dalian, keynote speaker Premier Li Keqiang dealt with the fundamental techniques under the theme of "Achieving Inclusive Growth in the Fourth Industrial Revolution."

It included the answers to such questions as "how" growth can be made "inclusive." Interestingly, in Davos last January, the founder of Moelis and Co, Ken Moelis had declared: "The WEF should focus less on income inequality and more on growth." Today, how can this be achieved? Naturally, the Belt and Road Initiative (BRI) is the answer to the challenges of the transformations in the contemporary connectivity governing systems.

The post-2015 WEF agenda necessarily has had to be linked to the majority of the community of nations bound to the 17-point UN Sustainable Development Goals (SDG) 2030. The 11th Annual Meeting of Global Growth Companies discussed how to respond to geo-economic shifts, creating sustainable systems, leading continuous reinventions and scaling up the human centered technology.

Dalian, meanwhile, has taken up the issues of the financial inclusion of banking services for private businesses and individuals, especially where the banks are largely state-owned.

If we take the case of "Green Bond" issuance during 2016, the Shanghai Pudong Development Bank contributed much as the world's largest issuer. Therefore, China's role on the public-private-partnership (PPP) issue is vital.

The WEF, meanwhile, is stressing a "sharing economy, green investment and new technology innovations for environment management."

Change is very much needed. The last decade has witnessed record sales of arms and purchases, leading to a world of arms confrontation. The inter-and-intra-state conflicts for inclusion for sharing fruits of development has taken lives of more than a million people in recent times.

The flow of refugees and migrations has reached an alarming level challenging the existing patterns of the east-west and the north-south strategies. The constraint lies on the political, socio-economic, diplomatic, ethno-cultural and technological transformations and sharing of natural heritage systems particularly at the age of the Fourth Industrial Revolution.

This makes meetings such as the Dalian one so important in trying to engage the world leadership to work for inclusive human security and common strategies that can save our planet.

Dr. Bishnu Hari Nepal is a Theorist and Practitioner in International Relations, Peace, Conflict, Security and Development Studies.

Opinion articles reflect the views of their authors, not necessarily those of China.org.cn.

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