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Focus on Boao Forum for Asia 2018

Source:Iris Liang Time:2018-4-10 9:08:01

From the traditional fishing town on the coast of the South China to today’s diplomatic homeland, the world is catching on with “BOAO time”. From April 8 to 11, the Boao Forum for Asia 2018 annual meeting was held in Hainan. In the major forums held on the 9th, opening to the outside world became a hot word among the guests. SEKO always insists "openning mind" on improving our technology. Unique intelligent bright anealing machine owns design of heat preservation, strengthening the stability of tube's structure. 
boao forum for Asia 2018
    It coincides with the 40th anniversary of China’s reform and opening up, and Hainan Province has also ushered in the 30th anniversary of the establishment of the Special Economic Zone. The outside world has placed more hope on it. The construction of Guangdong, Hong Kong, and Macao Bay Area is moving toward the goal of becoming a world-class Bay Area. The "One Belt and One Road" construction is closely linked with globalization. From point to area, from line to film, a new pattern of all-round opening to the outside world is emerging.

    The greater expectation after Hainan’s “30th Stand” is open

    Shen Xiaoming, governor of Hainan Province, stated at the “21st Century Maritime Silk Road Island Economy” sub-forum on the 9th that over the past 30 years, Hainan is a microcosm of China’s economic miracle, and its major economic indicators have increased by tens or even hundreds of times.

    He said that “because it is self-proclaimed and the island is on the horizon” will only be submerged in the tide of history. The 21st Century Maritime Silk Road links human history, destiny, and the future more closely. Establishing a platform for institutionalized exchanges and cooperation for the global island countries and regions, sharing the development experience of the island economy with everyone, jointly coping with development risks, and jointly seizing opportunities for development are the good intentions and aspirations of the Hainan Island Economic Forum.

    Shen Xiaoming proposes to continue to promote global challenges such as interconnection, promoting industrial cooperation, promoting cultural exchanges, and jointly coping with climate change, and provide intellectual support for the inclusive development of island economies.

    According to calculations, the total marine economic value in 2030 will reach 3.2 trillion US dollars. Assistant Minister of Foreign Affairs Chen Xiaodong said that under the leadership of economic globalization, the population industry in various countries has accelerated to gather in the coastal areas, and the development of the marine economy has become increasingly strong, and has increasingly become an important driving force for global economic growth.

    How to better develop the island economy? Chi Fulin, director of the China (Hainan) Institute of Reform and Development, suggested that the island economies are very different from other mainland economies. Without opening up the island economies, there will be no energy, no motivation, and no market. The greater expectation for Hainan’s “Thirty Years to Settle” next step lies in the opening up, opening up of other areas such as the opening up of trade in services, and the expectation of exploring and establishing a free trade port.
Boao Forum for Asia 2018
    Guangdong, Hong Kong, Macau, Dawan District to World-class Bay Area

    The Hong Kong-Macao Bay area, which is the source of urban agglomeration economies, is moving from conception to reality. Ma Xingrui, governor of Guangdong Province, said on the 9th that promoting the construction of Guangdong, Hong Kong and Macau in the Dawan District is a major strategic move for China to deepen reform and opening up in the new era. The construction base of Guangdong, Hong Kong, and Macao Dawan District is solid and has great potential. It is fully confident and has the confidence to turn it into a world-class Bay Area.

    The Chief Executive of the Hong Kong Special Administrative Region, Mrs Carrie Lam, stated that the construction of Guangdong, Hong Kong and Macau in the Greater Bay Area has been upgraded to the level of national strategic development, and its success will depend on whether its innovation can provide new connotations for the development of high quality in the Greater Bay Area. The world's important links. Whether in terms of innovation or contact, Hong Kong can make an important contribution to the Great Bay Area.

    The Minister of Economics and Finance of Macau, Liang Weite, said that the construction of the Dawan District is an unprecedented practice under the principle of "one country, two systems," and requires innovative thinking, new ideas, and new cooperation models and cooperation mechanisms. It is necessary to strengthen coordination and coordination, play an all-in-one game, establish a high-level coordination mechanism, and exert enthusiasm and subjective initiative in all aspects. It is necessary to deeply integrate and realize sharing and co-construction, while taking into account the different benefits of all parties, and exerting various aspects. A unique role; it is necessary to encourage innovation to motivate and motivate regional innovation motives, while also recreating the advantages of traditional industries; not only must attach importance to the leading and guiding role of large enterprises and institutions, but also to the participation of SMEs in order to participate in the Greater Bay Area. Construction provides opportunities to build platforms.
Boao Forum for Asia 2018
    How to better realize the interconnection and interoperability of the three places has attracted attention. Fan Gang, Director of the China (Shenzhen) Institute of Comprehensive Development, and Director of the National Economic Research Institute suggested that a free trade zone alliance can be set up in Guangdong, Hong Kong, and Macau in the Dawan District, allowing Guangzhou Nansha, Shenzhen Qianhai Shekou, and Zhuhai Hengqin to be the three largest cities in Guangdong. The docks of the Trade and Test Zone, the two free customs areas in Hong Kong and Macau will be docked and first tested.

    "One Belt, One Road" initiative weaves into China Unicom

    If we say that the docking of the free trade zone is to connect the area of nodes, then the "One Belt and One Road" initiative will weave the world map into a foreign exchange network.

    Tu Guangshao, vice chairman and general manager of China Investment Corporation, stated on the 9th that the “One Belt and One Road” initiative put forward the principles of mutual business, joint construction, and sharing, reflecting the ideas of mutual benefit and win-win cooperation. Both mutual benefit and win-win results include both existing contradictions and The correction of imbalances is also a major measure for the further advancement of globalization to the present stage.

    According to the Asian Competitiveness Report of the Boao Forum for Asia 2018, which was released on the 8th, the “One Belt and One Road” initiative provides a new path and method for responding to the challenges of anti-globalization. It can be used to adapt to and solve problems in the globalization process. A very effective policy and tool for problems is also a platform and way to share experiences and share results in economic and social development.

    Zhou Chengyue, Chairman of the China PPP Fund, said in an exclusive interview with the Shanghai Daily in the “Boao Forum for Asia 2018 Annual Meeting” that China’s 40 years of reform and opening up have shown the world a very bright report card. China’s economy has grown rapidly and the people’s living standards have continued to increase. To improve, the country’s economic strength continues to increase. "We should have full confidence in the future, because we have had decades of successful experience and have a good foundation for development."

    He said that compared to the past, China has made great improvements in terms of management technology, equipment production capabilities, manufacturing capabilities and talent reserves. In this environment, we can be more open. Openness is the need for development. It is also the need for survival. We must use a more open model to solve the problem of unbalanced and inadequate social development. We believe that tomorrow will be even better.

    In Fan Gang’s view, China’s deepening of reform and opening up is determined by two reasons: First, China’s economic development needs to be opened objectively. “There are so many capital and savings in China that need to go out, and companies must also develop overseas markets.” With China's reform, development, and institutional development, the country’s economy is strong, its ability to withstand risks has increased, and it has been objectively allowed to raise the level of opening up.


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Iris Liang
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