Boao Forum helps build consensus on global development, observers say

Photo taken on April 19, 2022 shows the Boao Forum for Asia International Conference Center in Boao, South China's Hainan province. BEIJING - The Boao Forum for Asia Annual Conference 2022 which ended on Friday was closely watched by business runners and scholars worldwide as the global economy desperately needs impetus and certainty. Many of them stressed the importance of the Boao discussions on Asia and world economy, as well as global challenges, saying the forum helps build consensus and draw a blueprint for global governance on sustainable development. Andrew Forrest, chairman of Australia's iron ore giant Fortescue Metals Group, said that Boao provides a vital platform to further strengthen Australia's business and political relationships with Asia, and is also an important element of FMG's engagement with China and the whole Asia.