China Hopes to Impart New Momentum to Economy at China Development Forum 2025
The China Development Forum 2025 is scheduled to take place at the Diaoyutai State Guesthouse in Beijing from 23 to 24 March 2025. As usual, it will be a gathering of the top global CEO looking to do business with China. 2025 will mark the 25th edition of the annual event which started out in 2012. The theme for this edition is “Unleashing Development Momentum for Stable Global Growth”.
Since the COVID, China has lost some of its luster of yesteryears. Internally, the housing slump appears here to stay, while Trump has geared up the #G2 rivalry up a notch with extra tariffs on Chinese goods.
“As we look to the future, I am excited about the Forum’s continued role as a platform for dialogue and collaboration. Together, we can address pressing global challenges such as Climate Change, Technological Innovation, AI and Economic Resilience. The opportunity to engage directly with Chinese leaders and policy makers is invaluable for multinational corporations.
Schneider Electric Chair Jean-Pascal Tricoire
As a result of the increased tension between China and USA, a notable drop in attendance of American CEO has been noted. On the other hand, more European CEO have signed up to attend. #AI, robotics, semiconductors and other cutting-edge innovation are shaping up into an arena of intense competition between China and USA.
Similarly, China ambitions to become the leading global car manufacturing base in the era of Electric Vehicles (#EV) and #GreenMobility. Up to now, Tesla founder and CEO Elon Musk has yet to confirm his attendance despite having a major stake in the Chinese market.
In addition to attract #FDI, China is looking at policies to ‘put more money into the hands of consumers’ in a bid to boost domestic consumption. Exports are facing unprecedented protectionist hurdles and several Chinese manufacturers have delocalized to South-East Asia, India, Africa and Latin America.
As part of measures to make China a more attractive destination for investment, the Government of China has opened up or removed restrictions on certain sectors. Thus, banking, telecommunications, education and healthcare, which were hitherto restricted, are now eligible to foreign ownership.