Over 2,000 leaders from 60+ countries and regions gathered in China's tropical Hainan this week for the Boao Forum for Asia (BFA), where optimism cut through global economic clouds like sunshine ☀️. While Western forums buzz about protectionism, Asia is doubling down on collaboration—and the numbers back the hype.
Growth Engine Keeps Accelerating 🚀
Asia's projected to increase its share of global GDP to 48.6% by 2025, according to a key BFA report. Chinese Vice Premier Ding Xuexiang declared: 'We must champion free trade and reject protectionism'—a rallying cry endorsed by regional heavyweights.
RCEP: The Trade Deal Changing the Game 🌏
The Regional Comprehensive Economic Partnership (RCEP), linking 15 economies, boosted regional trade by 3% last year despite global slowdowns 💪. IMF data predicts the bloc will add $10.9T to the world economy by 2029—over 40% of global growth!
From tech startups to green energy pioneers, Asia’s bets on openness are paying off. The lesson? When continents cooperate, everyone wins 🤝.
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Amid West's anxieties, Asia strikes a positive tone for growth
cgtn.com