Deputy PM Hoang Trung Hai (third from right) and other Asian leaders posed for a photo at the opening ceremony of the 11th annual conference in Hainan, China, on April 2

Deputy Prime Minister Hoang Trung Hai joined Asian leaders, scholars and executives at the opening ceremony of the Boao Forum for Asia (BFA) conference in Hainan, China, on April 2.

The annual event, the 11th of its kind, brought together around 2,000 delegates, including heads of State, 30 ministers and representatives from international organisations.

On the theme of “Asia in the Changing World: Moving toward Sound and Sustainable Development”, delegates will identify the major causes of global economic instability, and discuss ways to accelerate reforms, and achieve sustainable development.

In his opening address, Chinese Vice Premier Li Keqiang noted that the conference takes place at a time when the world economy is showing signs of recovery and many countries have ridden out the global economic downturn to achieve reasonable growth.

However, he stressed that as the far-reaching consequences of the global financial crisis are not over yet, it will be no easy task to put the global economy back on track.

Li confirmed that China wants to work closely with other Asian countries to increase consensus and boost the Asian economy in a healthy and sustainable manner by stimulating internal growth, speeding up reforms, promoting win-win cooperation, and pursuing development peacefully.    

Vietnamese Deputy PM Hoang Trung Hai is scheduled to deliver keynote speeches at debates on an ASEAN free trade area and regional economic integration, and on how to achieve a sound and sustainable development in a changing world.

Earlier, Hai met with Chinese Vice Premier Li Keqiang and Deputy Secretary General of the Organisation for Economic Cooperation and Development (OECD) Richard A. Boucher on the sidelines of the conference.

Since its establishment in 2001, the BFA has become an important economic forum for policymakers to share ideas to increase cooperation in trade, investment, and finance-banking. It has captured great attention from major economic groups in Asia and around the world.

Source: VOV