Emerging economies, new norms dominate Davos forum

17:39, January 26, 2011      

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Klaus Schwab (L), Founder and Executive Chairman of the World Economic Forum and Hilde Schwab (R), Chairperson and Co-Founder of the forum, welcome the guests during the reception to reconfirm the spirit of friendship and community during the Annual Meeting 2011 of the World Economic Forum in Davos, Switzerland, Jan. 25, 2011.(Xinhua/World Economic Forum)

Emerging economies and new norms under new circumstances will be the focus of the upcoming annual conference of the World Economic Forum (WEF).

The five-day WEF conference will start Wednesday in the Swiss resort of Davos under the theme of "Shared Norms for the New Reality."

Participants will debate on issues of current global importance: rise of emerging economies, debt crises and financial instability in the West, renewable energy policies and global policy agenda for 2011.

China, which celebrates the 10th anniversary of its accession into the World Trade Organization (WTO) this year, is one of the most dynamic expressions of emerging economies' rise. Other major emerging economies including India, Brazil and South Africa are also putting on eye-catching performance.

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