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Boao Forum for Asia Annual Conference 2024

Boao Forum for Asia Annual Conference 2024 Concludes with Emphasis on Global Cooperation

Boao, March 29, 2024, The Europe Today: The Boao Forum for Asia (BFA) Annual Conference 2024 drew to a close on Friday in Boao, Hainan Province, China, marking the culmination of a series of discussions and dialogues aimed at addressing pressing global challenges and fostering cooperation among nations.

During the closing press conference, Li Baodong, Secretary-General of the BFA, highlighted the significance of the forum in facilitating dialogue and cooperation among nations in the face of common challenges. Acknowledging the formidable obstacles posed by sluggish global economic recovery and persistent regional conflicts, Baodong emphasized the imperative for collective action in confronting these shared challenges.

Baodong underscored Asia’s pivotal role in spearheading sustainable development initiatives, with China emerging as a linchpin of global economic sustainability in the post-COVID-19 era. He reiterated China’s commitment to high-quality development and continued openness, emphasizing its projected role as a primary contributor to global economic growth.

The consensus reached at the BFA Annual Conference underscores the vital role of innovation as an inexhaustible driver of development, emphasizing the urgent need for concerted efforts to address climate change on a global scale.

Themed “Asia and the World: Common Challenges, Shared Responsibilities,” this year’s conference convened from March 26 to 29, attracting over 2,000 delegates representing more than 60 countries and regions. Additionally, the event garnered participation from over 1,100 journalists hailing from nearly 40 countries and regions, underscoring its global significance and reach.

Founded in 2001, the Boao Forum for Asia stands as a non-governmental and non-profit international organization dedicated to advancing regional economic integration and facilitating progress toward development objectives among Asian nations.

As the conference drew to a close, participants departed with a renewed commitment to collaboration and cooperation, reaffirming the importance of multilateralism and collective action in addressing the complex challenges of the modern world.