At the 2025 “Summer Davos” in Tianjin, China, global leaders gathered to discuss the future of the world’s economies. Michael Wang of CGTN hosted a conversation with Neo Gim Huay, Managing Director at the World Economic Forum, and Joe Ngai, Chairman of McKinsey Greater China, focusing on how innovation and sustainable growth are key to future-proofing economies.
The discussion centered around the transformative power of frontier technologies, such as artificial intelligence and quantum computing. “These technologies are not just buzzwords; they’re reshaping industries and creating new opportunities,” said Neo Gim Huay. She emphasized the need for nations to embrace these advancements to stay competitive in the global market.
Joe Ngai highlighted the importance of green development in business transformation. “Sustainability is no longer optional. It’s integral to our economic success and environmental responsibility,” he stated. Ngai pointed out that companies adopting green practices are seeing significant benefits, both in terms of profitability and brand reputation.
China’s role in driving these global changes was a key focus of the conversation. “China is at the forefront of innovation and sustainable practices,” said Wang. “Its commitment to developing frontier technologies and promoting green growth is influencing economies worldwide.”
The experts agreed that collaboration between nations is essential. “We must work together to harness these technologies for the greater good,” urged Neo. “It’s about building a sustainable future for all.”
The conversation at Summer Davos highlighted a shared vision: leveraging innovation and sustainability to build resilient economies. For young people around the world, especially in the Global South, these developments promise new opportunities and a more sustainable future.
