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    A-Z of 2015 Boao Forum for Asia in spotlight

    2015-03-27 08:54 Xinhua Web Editor: Gu Liping
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    The annual conference of the Boao Forum for Asia (BFA) kicked off on Thursday in China's Boao town, southern Hainan Province, where Chinese President Xi Jinping will deliver keynote speech on "Asia's New Future: Towards a Community of Common Destiny" on Saturday.[Special coverage]

    The following are big talking points arranged in alphabetical order compiled by Xinhua.

    A|AIIB

    The China-proposed Asian Infrastructure Investment Bank (AIIB) braces for a pivot point on March 31, the application deadline for prospective founding members. Already, western countries including Britain, Germany, France and Italy expressed willingness to be a part of it. The bank currently has 27 founding members and expects more to join.

    The AIIB aims to facilitate infrastructure investment in Asia and will be complementary to established multilateral banks.

    B|Boao

    Boao, a semi-fishing and semi-farming town, is the permanent venue for BFA conference and has become an Asian version of "Davos". Meetings and dialogues on Asia's development are held there every spring.

    The BFA, formally inaugurated on February 27, 2001, is the first Asia-led forum to promote and deepen the economic exchange and cooperation within the region and between Asia and other parts of the world.

    C|Community of Common Destiny

    The theme of the annual conference in 2015 is "Asia's New Future: Towards a Community of Common Destiny" , voicing a shared desire of Asian economies embrace common prosperity by putting aside disputes and making joint efforts amid economic hardships.

    The forum will discuss how to intensify cooperation in multiple fields to face challenges and tap opportunities, prompting Asia to thrive in the new future.

    D|Diplomacy

    The BFA's 2015 annual conference will be a grand stage for diplomacy. So far, 15 foreign government leaders have confirmed attendance to the conference including non-Asian countries Armenia, Austria, Netherlands, Russia, Tanzania and Zambia.

    During the period, China' s bilateral and multilateral diplomatic activities deserve close attention.

    E|Entrepreneurs

    The forum has attracted more than two fifths of the Fortune 500 companies, with executives attending to talk about entrepreneurship, innovation and creativity. A series of CEO dialogues will be held between Chinese enterprises and their counterparts from Australia, the United States, the European Union and Japan respectively.

    F|Financial policy

    Topics on finance and policies including "the next financial crisis", shadow banking and new forces in multilateral financial organizations will be highlights.

    Zhou Xiaochuan, governor of the People's Bank of China, Joachim Nagel, member of the Executive Board of the Deutsche Bundesbank, and Carlos Gutierrez, former Secretary of Commerce, will discuss monetary policy and world economic outlook.

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