Summary: 2017 Boao Youth Forum for Asia (Hong Kong) Focuses on the Role of Youth in Globalization and Free Trade
Origin:Boao Forum for Asia      Time:2017-11-05 22:16:33     Views:219391

Summary: 2017 Boao Youth Forum for Asia (Hong Kong) Focuses on the Role of Youth in Globalization and Free Trade

On November 2, 2017, the Boao Forum for Asia (BFA) and The Y. Elites Association held the Sixth Boao Youth Forum for Asia (Hong Kong) at Hong Kong Convention and Exhibition Center. Under the theme of “The Future of Globalization and Free Trade—Role of the Youth”, the forum analyzes the trend of the new round of globalization and explores how the youth should adapt to the changes and win the future in terms of economy, science and technology, and culture.

The forum was attended by over 5000 world-renowned experts, scholars, famous entrepreneurs and representatives of the business sector, including Mr. C Y LEUNG, Vice Chairman of The National Committee of the Chinese People's Political Consultative Conference, Carrie LAM CHENG Yuet-ngor, Chief Executive of HKSAR, Mr. WANG Zhimin, Director of the Liaison Office of the Central People's Government of China in the HKSAR, XIE Feng, Commissioner of the Ministry of Foreign Affairs of the People's Republic of China in the HKSAR, ZHOU Wenzhong, Secretary General, Boao Forum for Asia, Shaukat AZIZ, Former Prime Minister of Pakistan and BFA Board Member, CHEN Dong, Deputy director of the Liaison Office of the Central People's Government in the HKSAR, Ian FOK Chun Wan, Executive President of Henry Fok Ying Tung Foundation Company and BFA Member of the Council of Advisors, Albert CHUANG, Chairman, The Y. Elites Association, HOU Zibo, Vice Chairman and General Manager of Beijing Enterprises Group Company Limited and Chairman and CEO of Beijing Enterprises Holdings Limited, QI Xiaohong, Secretary-General of Mingxi Charity Foundation Association.

Apart from the welcome dinner held on November 1, the forum encompasses an opening ceremony and three sessions: “Economy: New world trade rules in the new economy-the role of the Guangdong-Hong Kong-Macau Greater Bay”, “Youth: Challenges of AI and automation to education and vocational training and its effect to youth's career and academics pursuit” and “Culture and Humanistic Exchange: Globalization vs. Anti-Globalization – Reflections on Globalization 4.0”.

In his keynote speech at the opening ceremony, Mr. C Y LEUNG pointed out: there is still certain resistance to globalization and it shall be ensured that all people share the benefits of globalization. Mainland China has seen robust growth in recent years. It is hoped that young people in Hong Kong will set long-term goals for the next three decades. Hong Kong will benefit from the development strategy of Guangdong-Hong Kong-Macao Greater Bay Area. The three major projects of Guangzhou-Shenzhen-Hong Kong Express Rail Link, Hong Kong-Zhuhai-Macao Bridge and Liantang Port Station, to be put into operation at the end of 2018, will highlight the role of Hong Kong as the “super liaison”. Hong Kong and 10 ASEAN countries will sign a free trade agreement this month. It is suggested that young people should “go global”, and have the right mind and correct attitude towards globalization, and make preparations accordingly. The spirit of going global fully accords with the general trend of global free trade. The correct attitude requires that we must follow the principle of wide consultation, joint contribution and shared benefits. At the same time, we must be prepared and gain a full understanding of the local culture and social system and learn more about the outside world, whether it be the cities in Guangdong-Hong Kong-Macao Greater Bay Area or the countries involved in the Belt and Road Initiative.

At the opening ceremony, WANG Zhimin delivered a keynote speech entitled “Start a New Journey in Hong Kong and Realize the Chinese Dream of Young People.” In sharing his understanding of the report of the 19th National Congress of the Communist Party of China (CPC), Wang Zhimin said that the report identifies “one country, two systems” as the basic strategy of upholding and developing socialism with Chinese characteristics and governing the country in the new era. We can keenly feel that after its return to the motherland, Hong Kong is re-incorporated into the new development and new positioning of the state governance system. We feel the new development and new positioning of the “one country, two systems” undertaking in the overall national and Party work and the great rejuvenation of the nation. The report pointed out that “efforts should be made to give greater autonomy of reform to free trade pilot zones and to explore the building of free trade port”. This will surely bring new opportunities for the development of Hong Kong and will surely rejuvenate the region. Hong Kong has a special and important role to play in the process of reform and opening-up and the modernization drive. We must consider Hong Kong's role and opportunities and grasp the future of youth from the perspective of the overall picture and the grand strategy as stated inthe report.

WANG Zhimin wished that Hong Kong youth should stay true to the mission, combine the individual development with the national development, re-create the legendary story of hard work in Hong Kong and usher in a new chapter in the development of Hong Kong's youth. Guangdong-Hong Kong-Macao Greater Bay Area should become our common homeland and the fertile ground for youth employment and entrepreneurship. Young people should find a new sense of superiority in the Greater Bay Area, share the dividends they bring and fulfill their dreams.

In his speech at the opening ceremony, ZHOU Wenzhong said that anti-globalization and protectionist tendencies have mounted in recent years, and the development of Asian economy was still plagued with severe challenges. It is a common task for the Asian countries and regions and also a common problem facing young aspirants to develop new growth points, form new driving force, explore new paths, and finally achieve sustainable development. Globalization requires out-of-the-way thinking, adapting to the characteristics of a new era and new technology, keeping pace with the times, seizing opportunities and rising to the challenges. Young people living in a globalized world with free trade should actively adapt to the needs of the new era and win the future.

ZHOU Wenzhong said that Hong Kong youth have the fine tradition of loving the motherland and Hong Kong. He believes that Hong Kong youth will stand at the forefront of the times and become the vanguard of the times in an encouraging new era of socialism with Chinese characteristics.

In his keynote address at the opening ceremony, Shaukat AZIZ said that Asia is a global science and technology center and the driving force of the world economy, and plays an increasingly important role in the world arena. In the new period, Asia must confront the reforms and challenges brought by globalization. Scientific and technological changes such as artificial intelligence and automation should not be regarded as threats and crisis should be seen as an opportunity. To this end, education should adapt to a new era, and young people should embrace changes, seize opportunities and meet the future.

In his speech at the opening ceremony, Albert CHUANG said that Hong Kong youth must adapt to the new age, master new technologies, incorporate technology in their lives, endeavor to experiment with new things, and make Hong Kong a sustainable and innovative region. At the opening ceremony of the 19th CPC National Congress, General Secretary XI Jinping pointed out that the country would be prosperous because of the emerging youth, and be strong because of the powerful youth. In the new era, young people should bear in mind new development concepts, help the country to achieve prosperity, and promote globalization featuring joint negotiation, win-win results and sharing.

In delivering the acknowledgement speech at the opening ceremony, HOU Zibo expressed that the new round of globalization and Belt and Road construction would bring more space and more challenges to young people of all countries. People from all walks of life should promote exchanges between youth in Hong Kong and mainland China and foreign countries, improve their understanding and tolerance of different cultures, support them in their innovation and entrepreneurship efforts and strive to cultivate young talents who are the backbone of the country and are patriotic with a national spirit and international vision. He called on all sectors of society to devote more resources to promoting exchanges and development among youth in different countries and regions.

At the “Economy: New world trade rules in the new economy-the role of the Guangdong-Hong Kong-Macau Greater Bay” session, participants said that Guangdong-Hong Kong-Macao Greater Bay Area has distinct advantages. With complementary economy and industry, it will be the favorable land for global development. The Greater Bay Area is a golden opportunity for Hong Kong. In particular, the finance industry, a traditional advantageous industry in Hong Kong, should capitalize on the development of FinTech and China's world-leading mobile payment technology to inject new vitality into its development and achieve greater prosperity.

At the “Youth: Challenges of AI and automation to education and vocational training and its effect to youth's career and academics pursuit” session, participants said that artificial intelligence has brought disruptive changes to some traditional industries and will enable traditional industries to produce new vitality, economic growth points and profit growth point. Artificial intelligence and the changes that it brings should be viewed in a correct way. AI is to serve human beings rather than replace them. AI will create some new types of work while replacing others. Faced with AI, youth should improve themselves and embrace new opportunities. For China, the advantage of developing AI lies in the demographic dividend, and its corresponding mass data can help to explore the diversification of specific application scenarios.

At the “Cultural and Humanistic Exchange: Globalization vs. Anti-Globalization – Reflections on Globalization 4.0” session, delegates thought that globalization was not diametrically opposed to local culture. Under the impact of the wave of globalization, we must spend more time in understanding our own culture. The traditional culture can be integrated into the current pop art, Internet technology and products to stimulate more young people's interest in Chinese culture. To this end, education should exercise students' independent thinking skills, seek common grounds while shelving differences, and help young people to realize their own values in globalization.

Since the first forum in 2009, Boao Youth Forum for Asia (Hong Kong) has been held in Hong Kong for six times. Local and world-renowned political and business leaders and academics are invited to discuss with the youth on topics such as finance, culture, education, science and technology, society and sustainable development. We should listen to and articulate the views of young people, and jointly analyze the opportunities and challenges that Asia and the world face in the future development. The forum has gradually evolved into one of the most influential and forward-looking international forums in the region. This forum is among a host of activities to celebrate the 20th anniversary of Hong Kong's return to the motherland. Compared with previous forums, this forum has the largest number of speakers, participating universities and students.

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