Davos Forum to explore new common principles

-Sinorama journalist Lin Ya |　　The annual meeting of the World Economic Forum (WEF, also known as "Davos Forum" or "Winter Davos") 2011 will be held in Davos, Switzerland, from January 26 to 30th.　　The theme of this year is "common norms in the new situation", which the forum organizers explain, which reflects the most concern of many leaders today, living in an increasingly complex and interconnected world, while experiencing the loss of shared values and principles. "The 2011 will be a decisive year and will ultimately see whether we have learned the lesson and whether we will continue to make decisions and take action to return to the vibrant world before the financial crisis," said the founder and the leading promoters of the forum.　　"Last year's World Economic Forum was full of worries about Greece's debt problems, the European economic alarm rang, and bankers and economists and government officials blamed each other." There are also concerns about the rapid rise of China's economy and calls for a new trade deal. But a year on, there seems to be few changes-Ireland followed Greece, the debt crisis again, Portugal and Spain sounded the alarm; China overtook Japan to become the world's second-largest economy; Trade ministers have said they must formally discuss trade agreements ... Based on this, the annual meeting to advocate the focus on "How to Do" problem, not only limited to analysis, but to in-depth exploration of innovative ideas and major global problems of the solution.　　Accepting the reality of "global interconnectedness" and being willing to "develop common principles" at all levels will be a factor. There will be leaders from Chi Yu political, business and news organizations from dozens of countries.　　The five-day agenda will cover four major areas-addressing the new situation, economic prospects and developing inclusive growth policies, establishing a global risk response mechanism, and supporting the action plan of the Group of 20 (G20).　　Schwab believes that G20 must prove in 2011 that it will not only address the problems of fiscal reform, but also address global governance issues, the reform of the global monetary system, the scarcity of natural resources and equitable distribution, and leaders must demonstrate that they are genuinely committed to creating jobs and reducing income disparities.　　Therefore, the relevant discussions that have been promoted in this context by the annual meeting will be worth looking forward to.　　The global Risk report, released by the World Economic Forum over the past five years, has successfully identified a range of significant risks such as high asset prices, excessive consumer indebtedness, and soaring oil and food prices. In its report of January 12 this year, the world economic disparities, which refer to differences in wealth and income between countries, and global governance failures (weak and inadequate global regimes, agreements or networks), are identified as core risks for the next decade.