China is an important contributor to global economic growth, and the rapid development of emerging industries in the country will bring more investment opportunities to global investors, said Gim Huay Neo, Managing Director at the World Economic Forum (WEF), in Beijing on Tuesday.
The WEF will convene the 16th Annual Meeting of the New Champions - also known as the Summer Davos -- from June 24 to 26 in Tianjin, under the theme "Entrepreneurship for a New Era".
According to a press conference held in Beijing on Tuesday, the annual meeting will gather a record 1,800 guests from over 90 countries and regions, to delve into pioneering solutions to address global challenges.
Neo said in an interview with China Media Group that China's investment in emerging industries including sci-tech contributes to global economy.
"China being in Asia is a big contributor to global GDP. It contributes about 30 percent of global GDP growth and has invested very significantly in technology, in human talent and capabilities. And these investments are starting to pay off in terms of how we are seeing new industries evolve and develop. So there is (are) good opportunities to look at investments in China," she said.
The WEF official said that China's sci-tech innovation is impressive, which will be one of the key topics of the Summer Davos. There will be more than 25 sub-forums focusing on China, she said.
"The AI approach, as well as China's innovation ecosystem, and how China is actually working with many economies around the world, for example in the Belt and Road Initiative, to drive more infrastructure development and to support the green transition," she said.
WEF official hails China's contribution to global growth, rapid development in emerging industries
