Chinese participants also hailed the summer Davos meeting as a platform for people with different views to explore solutions to international issues. Liu Zhouwei, editor-in-chief of the Guangzhou-based 21st Century Business Herald, is one of 100 media leaders attending the meeting. He said he expects fresh and practical solutions to world economic issues to emerge from the meeting; for example the need for renewed attention to business ethics in the wake of financial crisis.

"The important thing for the people meeting here is to learn the lessons of the current recession so we can prevent it happening again in the future," Liu said.

Liu Zhouwei, editor-in-chief and co-founder of the Guangzhou-based 21st Century Business Herald, was chosen as one of the 100 media leaders to attend the meeting. [Catherine Guo / China.org.cn]

The Annual Meeting of the New Champions 2009 opens on September 10 with an address by Chinese Premier Wen Jiabao.

Profile of World Economic Forum

The WEF was founded in 1971 as an independent organization committed to improving the state of the world by helping form partnerships to shape global, regional and industrial agendas.

Business members and partners are at the heart of the WEF. Members include 1,000 of the world's foremost companies, encompassing regional market leaders and organizations shaping the future of their industries.

The small Swiss town of Davos hosts the World Economic Forum's (WEF) annual winter summits. China's northeastern port city of Dalian hosted the first, and this week is hosting the third, Summer Davos meeting. Tianjin hosted the second Summer Davos in 2008.

(China.org.cn September 10, 2009)