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CKGSB Dean Li Haitao Illuminates on China's AI Trajectory at 2025 Summer Davos
CKGSB Dean Li Haitao Illuminates on China's AI Trajectory at 2025 Summer Davos

Korea Herald

time27-06-2025

  • Business
  • Korea Herald

CKGSB Dean Li Haitao Illuminates on China's AI Trajectory at 2025 Summer Davos

TIANJIN, China, June 27, 2025 /PRNewswire/ -- Cheung Kong Graduate School of Business (CKGSB) Dean and Dean's Distinguished Chair Professor of Finance Li Haitao spoke at the Annual Meeting of the New Champions 2025 of the World Economic Forum, widely known as Summer Davos, in Tianjin, China, for the second year in a row, a testament to the school's thought leadership and acknowledgement. This year's Summer Davos focused on entrepreneurship for a new era. As the most active Chinese business school this year at the Summer Davos, CKGSB contributed to the discourse on multiple meaningful topics including AI reshaping global competition and entrepreneurship in the new era. In the session broadcast live globally on June 26, "Understanding China's approach to AI," Dean Li joined leading voices to explore China's advantage in developing AI amid re-globalization, industrial possibilities brought by AI, and how AI can propel doing business for good by providing scarce resources. "Only two countries, China and the US, can lead AI revolution in the next decades," emphasized Dean Li. "China has done lots of accumulation for decades with infrastructure, data, talent, and market to establish a unique AI ecosystem. Beyond home appliances, smartphones, and automobiles, humanoid robots have the greatest potential to become a trillion-dollar industry in China. CKGSB aspires to systematically prepare business leaders for what the AI era requires for strategic architecture capabilities and new leadership skills." Moderated by renowned journalist Yang Lan, the panel also featured executives and scholars including Unitree Robotics Founder and CEO Wang Xingxing, Haier CEO Zhou Yunjie, USC Professor of Law Angela Zhang Huyue, and Workera Founder and CEO Kian Katanforoosh. In addition, Dean Li delivered a keynote speech at the session around Gen Z consumers. He noted that with Gen Z's robust purchasing power and authentic passion for eco-conscious consumption, and as more start to evaluate companies' sustainable commitment when making career decisions, companies must build a new collaboration structure where people at all levels get to affect decision making, contribute their own knowledge and jointly create value. Dean Li also participated at the Global University Leaders Meeting, discussing how higher education institutions should shape the future of research through partnerships and continue to serve as engines of innovation. CKGSB also co-hosted CKGSB's 2025 Davos Night in collaboration with Tencent's Tencent News.

Bahrain EDB boss steers summer Davos
Bahrain EDB boss steers summer Davos

Daily Tribune

time25-06-2025

  • Business
  • Daily Tribune

Bahrain EDB boss steers summer Davos

TDT | Manama Bahrain's Minister of Sustainable Development and Chief Executive of the Bahrain Economic Development Board (EDB), H.E. Noor bint Ali Alkhulaif, has taken centre stage this week as CoChair of the World Economic Forum's Annual Meeting of the New Champions 2025, hosted in Tianjin, China. The prestigious role puts H.E. Alkhulaif among a select group of global figures shaping the agenda at the three-day forum, often dubbed 'Summer Davos', which gathers over 1,700 leaders from government, business, civil society, and academia to navigate fast-changing global trends. Leading role Bahrain's participation stands out not just for its economic pitch but for its leadership face. As one of the few Arab women co-chairing the event, H.E. Alkhulaif brings a distinctive voice to panels on emerging economies, workforce readiness, innovation, and female empowerment. Her inclusion also reflects the Kingdom's growing influence in global policy conversations around digital transformation and sustainability. This year's forum theme, 'Entrepreneurship for a New Era', aligns closely with Bahrain's diversification efforts, with sessions structured around key themes such as 'Deciphering the World Economy', 'Outlook on China', 'Industries Disrupted', and 'Investing in People and Planet'. Global ties H.E. Alkhulaif is joined by other high-level Co-Chairs including H.E. Faisal Alibrahim of Saudi Arabia, Egypt's Minister H.E. Rania Al-Mashat, Henadi Al Saleh of Agility, and Chinese energy giant CNPC's Chairman Dai Houliang, further amplifying MENA and Asia's influence at the global forum. As Co-Chair, H.E. Alkhulaif will take part in sessions including 'Contours of a New Economic Order', 'MENA-China Trade and Investment Relations', 'Skills That Matter', and 'Women Leaders - Shaping Tomorrow's Economy', offering Bahrain a global platform to showcase its reforms and ambitions. Strategic platform Alongside her engagements, Bahrain EDB officials are also set to participate in high-level bilateral meetings and networking events aimed at deepening investor ties and boosting the Kingdom's competitiveness. Bahrain's long-standing partnership with the World Economic Forum is a cornerstone of its international engagement strategy, and H.E. Alkhulaif 's selection as Co-Chair reflects both her leadership credentials and the Kingdom's aspirations to position itself as a high-value investment destination in an era defined by disruption. The forum runs until June 26th.

Minister of Sustainable Development and Chief Executive of Bahrain EDB Participates as Co-Chair in WEF's Annual Meeting of the New Champions 2025 in China
Minister of Sustainable Development and Chief Executive of Bahrain EDB Participates as Co-Chair in WEF's Annual Meeting of the New Champions 2025 in China

Biz Bahrain

time25-06-2025

  • Business
  • Biz Bahrain

Minister of Sustainable Development and Chief Executive of Bahrain EDB Participates as Co-Chair in WEF's Annual Meeting of the New Champions 2025 in China

H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development and Chief Executive of the Bahrain Economic Development Board (Bahrain EDB), kicked off participation at the upcoming World Economic Forum's (WEF) Annual Meeting of the New Champions 2025 as Co-Chair. This year's 'Summer Davos' forum, taking place from 24 to 26 June in Tianjin, People's Republic of China, will be held under the theme Entrepreneurship for a New Era. Li Qiang, Premier of the People's Republic of China, is set to deliver the opening remarks at the 16th Annual Meeting of the New Champions, which is expected to convene over 1,700 global leaders from government, business, international organisations, civil society, and academia. This year's discussions will focus on navigating a rapidly transforming global landscape shaped by technological disruption, geopolitical shifts, and sustainability imperatives. The programme will revolve around five key pillars: Deciphering the World Economy, Outlook on China, Industries Disrupted, Investing in People and Planet, and New Energy and Materials. Other Co-Chairs of the Annual Meeting include a distinguished group of global leaders including: • H.E. Faisal Alibrahim, Minister of Economy and Planning, Kingdom of Saudi Arabia • H.E. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, Arab Republic of Egypt • Henadi Al Saleh, Chair, Board of Directors, Agility • Dai Houliang, Chairman, China National Petroleum Corporation (CNPC) alongside several other prominent figures from government, business, and academia As Co-Chair, H.E. Noor bint Ali Alkhulaif will join a series of high-level panel discussions, multilateral sessions, roundtables, and firestarter conversations, including sessions on Contours of a New Economic Order, MENA-China Trade and Investment Relations, Skills That Matter, and Women Leaders – Shaping Tomorrow's Economy. These conversations will offer a platform to highlight Bahrain's policy leadership, forward-looking vision, and efforts to equip its workforce with the skills needed to thrive in a rapidly evolving global economy. Additionally, members of Bahrain EDB will engage in multiple strategic meetings and networking events on the sidelines of the forum. Bahrain EDB is a long-standing Strategic Partner of the World Economic Forum, reflecting the strength of the Kingdom's investment promotion agency's collaboration with the Forum across multiple global platforms, including its consistent participation at the Annual Meeting in Davos. H.E. Noor bint Ali Alkhulaif's selection as Co-Chair for this year's Annual Meeting of the New Champions highlights Bahrain's expanding international impact and its commitment to engaging in key dialogues to elevate its position as a globally competitive destination. The role additionally involves shaping the agenda, where this year's focus on economic transformation and innovation can reignite growth amid shifting global condition underscores the Kingdom's broader efforts to accelerate digital innovation, cultivate talent, and grow high-value sectors in support of its ambitious economic diversification agenda.

World facing 'most complex' situation in decades: WEF
World facing 'most complex' situation in decades: WEF

IOL News

time24-06-2025

  • Business
  • IOL News

World facing 'most complex' situation in decades: WEF

President and CEO of the World Economic Forum (WEF) Borge Brende speaks during an interview with AFP ahead of the opening of the World Economic Forum Annual Meeting of the New Champions 2025 (AMNC25) in Tianjin on June 24, 2025. Image: Jade GAO / AFP The world is facing the "most complex" geopolitical situation seen in decades, the head of the World Economic Forum (WEF) told AFP Tuesday, warning that turmoil was "impacting global growth". "It is the most complex geopolitical and geo-economic backdrop we've seen in decades," WEF President and CEO Borge Brende said ahead of a meeting of the multilateral forum in the northern Chinese city of Tianjin. "If we are not able to revive growth again, we can unfortunately see a decade of lower growth," he warned. Officials including Singaporean Prime Minister Lawrence Wong will attend this week's WEF meeting in the port city of Tianjin - known colloquially as the "Summer Davos". The meeting comes hard on the heels of the US' involvement in the Iran-Israel conflict and follows months in which the global economy has been battered by a tariff war launched by US President Donald Trump. This month, the World Bank cut its forecast for global growth this year from 2.7% to 2.3%, following a similar reduction by the International Monetary Fund. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Brende said it was still too soon to predict the impact of Trump's swingeing tariffs. It is "too early to say what these tariffs will end with because the negotiations are still ongoing", he said. "I think the jury is still out, but the traditional globalisation we saw is now changed into a different system," he said. "That is a new chapter... especially since trade was the engine of growth." Brende also warned mounting conflict could have a "very negative impact" on global growth. 'China matters' The WEF gathering in Tianjin comes at an uncertain juncture for the Chinese economy, which has struggled under a years-long property sector crisis and sluggish domestic spending. "China really does matter," Brende said, adding he expects the country to account for almost 30 percent of global growth this year. "China is pivoting its economy more towards digital trade, towards services and also now opening up for increasing domestic consumption -- something that is important," Brende said. Officials in Beijing have since late last year unveiled a string of aggressive measures including key rate cuts and cancellations of home purchasing restrictions. But many economists remain sceptical that the Chinese economy can achieve the government's official growth target for this year of around five percent. With the tumultuous trade war threatening shipments from the manufacturing powerhouse, Beijing is looking to emerging technologies such as artificial intelligence as potential sources of future growth. "In the past, trade was the driver of growth, but you cannot exclude that new technologies including AI can... maybe replace the important role that trade had", Brende said.

From Safer Cities To Healthier Lives: The Top 10 Emerging Technologies Of 2025
From Safer Cities To Healthier Lives: The Top 10 Emerging Technologies Of 2025

Scoop

time24-06-2025

  • Science
  • Scoop

From Safer Cities To Healthier Lives: The Top 10 Emerging Technologies Of 2025

Collaborative sensing, generative watermarking and batteries built into materials are among the ten breakthrough technologies to watch. All are expected to achieve real-world impact within 3-5 years, addressing risks from congestion, pollution, disease and climate stress. Innovations reflect four emerging trends: trust and safety, sustainable industry, human health, and energy-material convergence. For more information on the Annual Meeting of the New Champions 2025, visit and share on social media using the hashtag #amnc25, or #2025#. Tianjin, People's Republic of China, 24 June 2025 –As cities become more connected, collaborative sensing is enabling vehicles, traffic systems and emergency services to coordinate in real time – improving safety and easing congestion. This is just one of the World Economic Forum's Top 10 Emerging Technologies of 2025 that is expected to deliver real-world impact within three to five years and address urgent global challenges. In collaboration with Frontiers, the report spotlights breakthrough technologies at their inflection point where scientific progress meets real-world application. Chosen for their novelty, maturity and potential to deliver meaningful societal benefit, they reflect advances in both innovation and resilience. This year's cohort reveals four key trends: trust and safety in a connected world, next-gen biotechnologies for health, redesigning industrial sustainability, and integrating energy and materials. 'Scientific and technological breakthroughs are advancing rapidly, even as the global environment for innovation grows more complex,' said Jeremy Jurgens, Managing Director, World Economic Forum. 'The research provides top global leaders with a clear view of which technologies are approaching readiness, how they could solve the world's pressing problems and what's required to bring them to scale responsibly.' This year's list builds on past themes, reaffirming health, sustainability and urban resilience as top priorities. Technologies such as collaborative sensing, autonomous biochemical sensing and green nitrogen fixation demonstrate ongoing innovation in these fields where urgent challenges persist. They also signal growing momentum to develop scalable solutions to chronic disease, environmental impact and infrastructure strain. The report outlines what is needed to bring them to scale: investment, infrastructure, standards and responsible governance, and calls on business, government and the scientific community to collaborate to ensure their development serves the public good. This year's edition highlights a trend towards technology convergence. For example, structural battery composites combine energy with storage design, while engineered living therapeutics merge synthetic biology and precision medicine. Such integration signals a shift away from standalone innovations to more integrated systems-based solutions, reshaping what is possible. 'The path from breakthrough research to tangible societal progress depends on transparency, collaboration, and open science,' said Frederick Fenter, Chief Executive Editor, Frontiers. 'Together with the World Economic Forum, we have once again delivered trusted, evidence-based insights on emerging technologies that will shape a better future for all." The Top 10 Emerging Technologies of 2025 Trust and safety in a connected world: 1. Collaborative Sensing Networks of connected sensors can help vehicles, cities and emergency services share information in real time. This can improve safety, reduce traffic and respond faster to crises. 2. Generative watermarking This technology adds invisible tags to AI-generated content, making it easier to tell what is real and what is not. It could help fight misinformation and protect trust online. Sustainable industry redesign: 3. Green nitrogen fixation New ways to make fertilizer using electricity instead of fossil fuels could cut pollution and carbon emissions. It also means a more sustainable way to grow food. 4. Nanozymes These lab-made materials act like natural enzymes, but are stronger, cheaper and easier to use. They could improve medical tests, clean up pollution and support safer manufacturing. Next-generation biotechnologies for health: 5. Engineered living therapeutics Scientists are developing new therapies using helpful bacteria that are carefully designed to deliver treatment from inside the body. This could make long-term care cheaper and more effective. 6. GLP-1s for neurodegenerative diseases Drugs originally used for diabetes and weight loss are now showing promise in slowing diseases like Alzheimer's and Parkinson's. These treatments could offer new hope where few options exist today. 7. Autonomous biochemical sensing These small, smart sensors can monitor health or environmental changes around the clock without needing wires or people to check them. They could help detect pollution or illness early, saving time and lives. Energy and material integration: 8. Structural battery composites Materials that store energy and support weight, like in cars or planes, can make electric vehicles lighter and more efficient. This helps reduce emissions and improve performance. 9. Osmotic power systems By capturing energy from where saltwater meets freshwater, these systems can produce clean electricity. They are a promising source of steady, low-impact power in coastal areas. 10. Advanced nuclear technologies New, smaller nuclear designs and alternative cooling systems offer safer, lower-cost clean energy. As energy demand grows with electrification and AI, these reactors could play a key role in building reliable, zero-carbon power systems. Each technology was evaluated through a rigorous process, including expert nominations, literature review, peer assessment and analysis of adoption conditions. The report also includes strategic outlooks, readiness assessments and pathways for real-world implementation. About the Top 10 Emerging Technologies Report Now in its 13th edition, the Top 10 Emerging Technologies report provides trusted foresight to help leaders navigate scientific and technological change. Drawing on the expertise of scientists, researchers and futurists, the report identifies ten innovations expected to scale within five years and deliver wide societal benefits. The 2025 report was produced in collaboration with Frontiers and selected through a global process involving over 300 experts from the World Economic Forum's Global Future Councils, the University and Research Network, the Frontiers editorial network, and co-chairs Mariette DiChristina and Bernard Meyerson. About the Annual Meeting of the New Champions 2025 The 16th Annual Meeting of the New Champions will take place from 24 to 26 June 2025 in Tianjin, People's Republic of China, under the theme 'Entrepreneurship for a New Era'. The meeting will convene over 1,700 leaders from business, government, civil society, academia, international organizations, innovation and media to explore entrepreneurial solutions to global challenges.

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