Insights from the World Economic Forum’s 'Summer Davos' in China

This week marks the third anniversary of the Annual Meeting of the New Champions, convened by the World Economic Forum in Dalian, China. Hundreds of...

This week marks the third anniversary of the Annual Meeting of the New Champions, convened by the World Economic Forum in Dalian, China. Hundreds of Global Growth Companies (GGC) will connect with industry and societal leaders at the Forum’s “Summer Davos.” The backdrop for the 2007 launch of the Forum’s GGC initiative was the changing global landscape and the natural need to create a dialogue between existing Fortune 500 businesses that have long been part of the Forum and the rising, fast-growing multinationals that have the potential to transform the shape of the world economy over the next decade.

The business and political landscape for both developed and developing markets has changed tremendously over the past year. The world shifted from a G-8 to a G-20 mentality. Investment flows now often go from East to West, giving room for the new multinationals to expand in the US or European markets. And we’ve seen a move toward a new paradigm of the “visible hand” – where national governments play a more central role in the private sector.

As a participant in this week’s summit in China, I am personally looking forward to the dialogue among the participants – heads of multinational corporations, government leaders, the media, and the nonprofit and multilateral community. This year’s program focuses heavily on new business models for a deleveraging world; emphasizes renewable and innovative technological solutions across a variety of industries; and discusses the changing role of government, sustainability, and global trade. My next post will give you preview of the meeting insights and dynamics – directly from Dalian. Stay tuned…

Margery Kraus, CEO, APCO Worldwide

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