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Asian lntegration


Text by Wang Shuo

While the chills of early spring lingered in the North, the Boao Forum for Asia 2013 Annual Conference gathered in tropical Hainan Province from April 6 to 8. Themed “Asia Seeking Development for All: Restructuring, Responsibility and Cooperation,”the conference discussed topics concerning common development for nations in Asia and beyond.

Why was this theme chosen? What has changed about cooperative modes among Asian countries and regions? What role should China play? With such questions in mind, China Pictorial interviewed Zhou Wenzhong, secretary-general of Boao Forum for Asia.

Restructuring and Responsibility

Since the onset of the global financial crisis, Asia has accounted for two-thirds of the world’s economic growth. Over the past decade, annual economic growth of emerging Asian nations averaged 3.5 percent.

Facing increasingly complicated global economic and political patterns, Asia needs precision navigation. Zhou Wenzhong believes that restructuring is always important, but even more so in the current situation. The economic downturn and European debt crisis exposed defects in current growth modes of developed countries, which in turn illuminated problems emerging economies may face in the future. Achieving sustainable development while preventing further crisis has become a major goal for policy makers.

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