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Preparations finalized for 2025 Summer Davos forum

China

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China

Preparations finalized for 2025 Summer Davos forum

2025-06-23 11:02 Last Updated At:11:37

A full range of preparations have been finalized for the 2025 Summer Davos forum scheduled from Tuesday to Thursday in north China's Tianjin Municipality to provide guests from across the world with spaces to share their insights.

The Summer Davos is a major gathering of global business leaders and is an annual event organized by the World Economic Forum (WEF).

This year’s event, also the 16th Annual Meeting of the New Champions 2025, has attracted more than 1,800 guests from over 90 countries and regions across the world.

The forum to be held in Tianjin’s National Convention and Exhibition Center will see business, political, media, and academic representatives as well as those from social and international organizations share their insights on maintaining stable global economic growth in the following days.

Themed "Entrepreneurship for a New Era," this year's Summer Davos will focus on topics concerning China and Asia, exploring how regional development, emerging technologies and ever-evolving supply chains are reshaping industries worldwide.

The specialists responsible for the forum's preparation said a string of preparatory work including venue preparation, guest reception, and volunteer service have wrapped up.

In his visit to the forum's venue, Severin Podolak, head of event management and operations of WEF, said the whole space was delicately designed to facilitate the process of insight sharing among participants.

"It's about innovation. It's about entrepreneurship. And those spaces, they really foster dialogue between innovators, between business, between public figures and representatives from governments," he said.

Nearly 200 sub-forums will be organized under this year's event, mainly focusing on outlook on China, investing in people and planet, new energy and materials, industries disrupted, and deciphering the world economy.

Besides, facilities at this year's forum venue will be powered entirely by green electricity as the notions of low-carbon development and environmental protection will also be highlighted at the gathering.

Preparations finalized for 2025 Summer Davos forum

Preparations finalized for 2025 Summer Davos forum

Japanese people held a rally in Shibuya, Tokyo, on Saturday to oppose Prime Minister Sanae Takaichi's erroneous remarks about China's Taiwan region and attempts to revive militarism.

At a Diet meeting in early November 2025, Takaichi claimed that the Chinese central authorities' "use of force on Taiwan" could constitute a "survival-threatening situation" for Japan and implied the possibility of armed intervention in the Taiwan Strait, which drew strong criticism worldwide.

At the rally, protesters chanted slogans of "Oppose remarks on advocating 'Taiwan emergency' and "Oppose remarks on possessing nuclear weapons."

"To lead Japan towards nuclear armament, [the Takaichi administration] came up with the so-called rhetoric on 'Taiwan emergency.' It is advancing the war under such context. They aim to move toward war step by step by destroying Japan's Constitution and abolishing the Three Non-Nuclear Principles. Therefore, we must strive to prevent war before it happens," said a protester.

At the year end of 2025, Takaichi approved a record 782 billion U.S. dollars budget for the next fiscal year, including the largest defense budget on record.

Earlier in December 2025, the Japanese parliament passed a 118 billion U.S. dollar supplementary budget to fund a new stimulus package, including over 10 billion U.S. dollars for security and diplomacy.

"I think every Japanese is clearly aware that Takaichi's government is a right-wing regime in nature. The Takaichi administration has walked on the path -- bringing defense-related spending to 2 percent of gross domestic product within fiscal 2025 by a supplementary budget. From the perspective of this thoroughly militarized system and approach, I feel a strong sense of crisis," said another protester.

For decades, Japan capped its annual defense budget at around 1 percent of GDP, roughly 5 trillion yen, reflecting its postwar pacifist stance under the war-renouncing Constitution. Since fiscal 2023, Japan's annual defense budget has successively exceeded 6 trillion yen, 7 trillion yen, 8 trillion yen, and 9 trillion yen.

Japanese protest against Takaichi's erroneous remarks on China's Taiwan

Japanese protest against Takaichi's erroneous remarks on China's Taiwan

Japanese protest against Takaichi's erroneous remarks on China's Taiwan

Japanese protest against Takaichi's erroneous remarks on China's Taiwan

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