The World Economic Forum (WEF) sees growing importance of Asia,
especially countries like China and India, and will help build the
relationship and understanding between Asia and the West, the forum
said in its annual report released on Thursday.
"We have continued to work closely with our members and partners
as well as with other key stake holders from government and civil
society in our mission to shape the global agenda in a positive
way," said WEF Executive Chairman Klaus Schwab in the report.
"As part of this mission we have all had to address the
increasing prominence of Asia in the global economy and polity," he
said.
He added that the rising economies of Asia are poised to equal
those of the West, revolutionizing the traditional economic
order.
Building the relationship and understanding between the "old"
and "new" economies and business leaders is essential for the
future prosperity and stability of both, he said.
He noted that the forum has a long engaged in Asia, helping
integrate China and India into the global system.
"We are therefore perfectly placed to be a powerful platform for
interaction and cooperation between the emerging and established
economies," he added.
(Xinhua News Agency September 7, 2007)
