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Economic Forum for Asia in Hainan's Boao to be held in April

The government pays special attention to the forum

BEIJING, February 25. /TASS/. The Economic Forum for Asia in Hainan's Boao will be held from 18 to 21 April 2021, announced the organizing committee of the event on Thursday.

"The annual meeting of the Economic Forum for Asia in Boao in 2021 is scheduled to be held on April 18-21," reads a document published on the official website of the forum.

As noted, in connection with increased control measures amid the pandemic, in particular restrictions on international travel, part of the event's agenda is planned to be held online. 

Boao Forum for Asia, dubbed the Davos of the East, is a big platform for signing important agreements and international coordination between business and political elites. The forum has been held since 2001, usually in spring, following China's main annual political event — the two sessions, where the Chinese authorities shape up the country's national strategy. 

The government pays special attention to the forum as it facilitates China's international contracts, settles diplomatic agenda, promotes China's image and the concept of "Community of Common Destiny" globally. This regular forum "has become an important bridge connecting China with the outside world".

The Boao Forum bacame the center of global attention in April, 2018, when China's President Xi Jinping attended the opening ceremony. Speaking at the forum, the Chinese leader for the first time announced a number of important national policy highlights regarding the new market reforms, structural changes and boosting China's openness.  

In 2020, the organizers canceled the forum due to the pandemic.