TIANJIN,June26(Xinhua)--The14thAnnualMeetingoftheNewChampions,alsoknownastheSummerDavos,willbeheldfromTuesdaytoThursdayinnorthernChina"sTianjinCity.

About1,500participantsfrombusiness,government,internationalorganizations,andacademiawillattendtheevent,whichwillofferinsightsintoglobaleconomicdevelopmentandpotentialinthepost-pandemicera.

Withthethemeof"Entrepreneurship:TheDrivingForceoftheGlobalEconomy,"theeventcoverssixkeypillars:rewiringgrowth;Chinaintheglobalcontext;energytransitionandmaterials;post-pandemicconsumers;safeguardingnatureandclimate;anddeployinginnovation.

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Aheadoftheevent,someoftheparticipantsanticipatedthefollowingkeywordstobediscussedattheeventandsharedtheiropinionsonthetopics.

WORLDECONOMYOUTLOOK

GlobalGDPgrowthin2023isprojectedtobe2.7percent,thelowestannualratesincetheglobalfinancialcrisis,exceptforthe2020pandemicperiod,accordingtoaneconomicoutlookreportreleasedbytheOrganizationforEconomicCooperationandDevelopment(OECD)inJune.Amodestimprovementto2.9percentisforeseenfor2024inthereport.

"IamcautiouslyoptimisticabouttheChineseandglobaleconomy,"saidGuoZhen,amarketingmanagerwiththePowerChinaEco-EnvironmentalGroupCo.,Ltd.

Guosaidthespeedandextentofeconomicrecoveryvaryfromcountrytocountry,andtheeconomicrecoveryalsodependsontherecoveryofglobaltradeandinternationalcooperation,whichrequiresmoreeffort.

TongJiadong,acouncilmemberoftheglobalgovernmentinDavos,saidinrecentyears,Chinaheldmanytradeexposandfairstopromotetherecoveryofinternationaltradeandinvestment.

Chinaisexpectedtomakegreatercontributionstotheglobaleconomicrecovery,saidTong.

GENERATIVEARTIFICIALINTELLIGENCE

Generativeartificialintelligence(AI),amajortopicofseveralsub-forums,willalsobeexpectedtodrawheateddiscussion.

GongKe,executivedirectoroftheChineseInstitutefortheNewGenerationArtificialIntelligenceDevelopmentStrategies,saidthatgenerativeAIspurrednewimpetusfortheintelligenttransformationofthousandsofbusinessesandindustriesandraisednewrequirementsfordata,algorithms,computingpower,andnetworkinfrastructure.

Expertshaveurgedmanagementframeworkandstandardnormsbasedonbroadsocialconsensus,asBloomberg"sreportsuggestedthatin2022theindustrygeneratedrevenuesofaround40billionU.S.dollars,andthatfigurecouldreach1.32trillionU.S.dollarsby2032.

GLOBALCARBONMARKET

Facedwiththedownwardpressureontheeconomy,theheadsofmultinationalenterprises,foundations,andenvironmentalprotectionagencieshavebelievedthatthecarbonmarketmaybethenexteconomicgrowthpoint.

China"scarbontradingmarkethasevolvedintoamorematuremechanismthatpromotesenvironmentalprotectionthroughmarket-basedapproaches.

DatarevealsthatasofMay2022,thecumulativevolumeofcarbonemissionallowancesinthenationalcarbonmarketisabout235milliontonnes,withtheturnoveramountingtonearly10.79billionyuan(about1.5billionU.S.dollars).

In2022,HuanengPowerInternational,Inc.,oneofthepowergenerationenterprisesparticipatinginthenationalcarbonemissiontradingmarket,generatedapproximately478millionyuaninrevenuefromsellingthecarbonemissionquota.

TanYuanjiang,vicepresidentofFullTruckAlliance,saidtheenterpriseinthelogisticsindustryestablishedanindividualcarbonaccountschemetoencouragefewercarbonemissions.Underthescheme,morethan3,000truckdriversnationwidehaveopenedcarbonaccounts.

Theschemeisexpectedtohelpreduce150kgofcarbonemissionsamonthonaverageamongtheseparticipatingtruckdrivers.

BELTANDROAD

In2013,ChinaputforwardtheBeltandRoadInitiative(BRI)tofosternewdriversforglobaldevelopment.Morethan150countriesandover30internationalorganizationshavesigneddocumentsundertheBRIframework,bringinganeconomicboontoparticipatingcountries.

Tenyearson,manyenterpriseshavebenefitedfromtheBRIandwitnesseditsdevelopmentglobally.

AutoCustom,aTianjin-basedenterpriseengagedinautomobilemodificationandcustomizationservices,hasparticipatedinrelevantautomobileproductprojectsalongtheBeltandRoadmultipletimesinrecentyears.

"AsmoreChina-madeautomobileshavebeenexportedtocountriesalongtheBeltandRoad,companiesalongtheentireindustrialchainwillseegreatdevelopment,"saidFengXiaotong,founderofAutoCustom.

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