Boao Forum for Asia (BFA) Annual Conference will be held from March 22 to 25.
The 2016 annual Boao Forum for Asia will soon begin in Hainan province. With the theme“Asia’s New Future: New Dynamics, New Vision,” the annual conference will serve as a communications platform to share ideas and visions for the development of Asia.
This year’s conference also marks the 15th anniversary of the Boao Forum’s creation.Conferences from past years have facilitated major contributions to Asian and global economies through integration of resources. The forum also plays a role in boosting communication and cooperation in culture, youth exchange, tourism and more between all parties.
The world economy is in the process of a sluggish recovery, and the Asian economy has not been exempt from challenges. This year’s annual conference will therefore be more important and more watched than ever.
China has supported the forum for years. At the opening ceremony of the conference in 2015, President Xi Jinping proposed to push Asia toward a community of common destiny.This year China will also host the first meeting on Lancang-Mekong cooperation ahead of the conference, during which the heads of China, Cambodia, Laos, Myanmar, Thailand and Vietnam will gather in Hainan to discuss cooperation and regional development.
As 2016 also witnessed the 25th anniversary of the partnership between China and the Association of Southeast Asian Nations (ASEAN), China will do its utmost to foster a closer community by practicing neighborhood diplomacy with amity, sincerity and inclusivenessas its guidelines.
Furthermore, China plans to establish an East Asian Economic Community by 2020, conclude negotiations on the Regional Comprehensive Economic Partnership within the year, and continue talks about the China-Japan-ROK free trade area.