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CAPE TOWN, April 30 (Xinhua) -- The World Economic Forum on Africa, scheduled on May 2-4 in Cape Town, South Africa, will see participants exchange views on how the continent can turn to the next chapter of development.The meeting, expected to gather a record 900 participants from over 60 countries, will be held under the theme "From Vision to Action, Africa's Next Chapter," organizers said."We chose this theme because we feel it is very relevant for the events that are taking place on this continent, and the opportunity for growth and investment that the international and African communities are seeing," said Katherine Tweedie, head of Africa for the World Economic Forum.Seven of the fastest growing economies in the world in the next five years will be in sub-Saharan Africa, Tweedie noted, saying that a lot of discussion will be devoted to explore drivers behind this growth.Africa's economic growth in recent years have impressed the world. Though being the most underdeveloped continent, Africa have been more resilient than expected during the global economic crisis.The International Monetary Fund (IMF) have predicted that the continent's growth in 2011 will reach 5.3 percent.Under one of the three thematic pillars, "Shaping Africa's Role in the New Reality," the meeting will explore how Africa can take on a leadership role in the new reality and guard against newly emerging global and regional risks. Participants will look at how Africa can strengthen its representation and negotiation capacity on global platforms such as COP 17 and the G20.Meanwhile, the meeting will look into Africa's industrial diversification, which is widely considered as an effective way to increase competitiveness. Discussions under the thematic pillar of "Fostering Africa's News Champions of Growth" will focus on what innovative and entrepreneurial lessons drive Africa's fastest- growing companies, and how can Africa's emerging economies build capacity in science, technology and innovation to move up the value chain.Another topic expected to attract much attention is Africa's inclusive development. In recent years, African decision makers have been looking for ways to attain inclusive development by translating economic growth into better lives for the people.Marcus Courage, managing director of consulting group Africapractice, said ahead of the meeting that Africa must start measuring its economic growth in terms of job creation and progress of value addition of what it produces, rather than the gross domestic product (GDP), if it has to move from vision to action."One of the challenges is that we measure economic success in therms of GDP. That is not fair reflection of action," he told Xinhua.Under the thematic pillar of "Building Partnership for Inclusive Development," participants will debate on how can inclusive growth be put at the heart of a sustainable development agenda for Africa, and how can government of African countries work together with the business sector to distribute more equitably the benefits from the wealth in natural resources, among others.Regarding the highlight of this year's meeting, Tweedie said there will be a strong focus on green growth and the environment agenda, working closely with the South African government, given that South Africa will be hosting the COP 17 meetings in December.The meeting will also have very strong representation from Francophone west Africa for the first time. As a result a good part of the discussions will be focusing on issues taking place in this part of Africa, she added.Although South Africa has hosted the World Economic Forum on Africa for a number of times, this year the host is attracting particular attention.South Africa has joined the BRICS group of countries which also include Brazil, Russia, India and China, becoming the only African member in the grouping. It is also the only country from Africa in G20. In November this year, South African city of Durban will host the 17th Conference of the Parties (COP 17) to the UN Framework Convention on Climate Change.How can the country speak for Africa in the international arena, and what role can it play in facilitating closer cooperation between developing countries is also expected to draw in-depth discussions at the meeting.Meanwhile, participants are also expected to exchange views on issues including Africa's agriculture development, infrastructure construction, China-Africa cooperation, impact of political situation in North African and the Middle East on Africa's economic development, among others.

NEW YORK, April 13 (Xinhua) -- New York City Mayor Michael Bloomberg and former U.S. President Bill Clinton announced on Wednesday the merger of their environmental groups, hoping to make it the most prominent climate policy organization in the world.The new organization would combine C40, a coalition of international cities run by Bloomberg, and the Clinton Climate Initiative, a project of Clinton' s philanthropic foundation, into a single organization, which will focus on population-rich cities to address global warming."I am elated by this. I think we really have a chance to make a difference," said Bill Clinton during a press conference at Gracie Mansion, adding that "together we are proving it is possible to create jobs and grow economies through reduced emissions."C40 and the Clinton Climate Initiative both seek to cut carbon emissions through programs that reduce energy use in buildings, promote mass transit and reuse greenhouse gases emitted by landfills.The newly combined organization is said to have a budget of about 15 million U.S. dollars. The group will have main offices in New York, Los Angeles and London.

ISTANBUL, May 3 (Xinhua) -- The world's water consumption will increase by 40 percent over the next two decades and efforts to meet this demand must increase radically, the secretary-general of the 5th World Water Forum said here on Tuesday.Oktay Tabasaran said in his opening speech at the World Water Forum that "water consumption will increase by 40 percent in the coming 20 years, reaching 6.9 trillion cubic meters per year ( compared with the 4.5 trillion used currently), and an amount of 200 billion U.S. dollars must be spent annually in order to afford this."He said such figures indicated the urgent need for countries to engage in efficient cooperation with each other to address water- related issues.Some 50 out of the world's 188 countries have serious concerns in providing drinking and irrigation water, due to careless and inefficient use of water, according to Ismail Ugur, the general director of Turkey's State Waterworks Authority."If we fail to come up with solutions, starting from 2015 there will be droughts (in many parts of the world) and people will start suffering from diseases caused by lack of water, as of 2025, " Ugur said.Ekmeleddin Ihsanoglu, head of the Organization of the Islamic Conference (OIC), said that ensuring reliable access to water is crucial to promoting peace and security in the Middle East, where many countries are facing dramatic declines in available water."In some regions of the Muslim world, water availability is predicted to be cut in half by 2050, even without taking into consideration the effects of climate change," he said in his opening speech.The OIC chief called for increased cooperation among member states and countries outside the region, announcing the group's progress in preparing its own "Water Vision" document and forming an OIC Water Council to address water-related concerns."In its first phase, the Water Vision will outline a framework of cooperation on water-related issues in terms of water-sharing experience, capacity development, technology transfer, water governance and institutional reforms," Ihsanoglu said.He cited the Friendship Dam, to be constructed on the Orontes River at the Turkish-Syrian border, as an excellent example of cooperation and peace among neighboring countries in the field of water.Charity Ngilu, minister for water and irrigation of Kenya, stressed the importance of water in promoting peace, especially in regions where water scarcity prevails."There have been many conflicts caused by water scarcity not only among African countries, but even within regions of the same country," She said, adding Kenya would ask Turkey for cooperation and assistance in water management and other related issues.

QINGDAO, Jan. 23 (Xinhua) -- Haier Group, one of the world's leading white goods and household appliance manufacturers, announced Sunday that its profit jumped 78 percent year on year in 2010.The profit hit 6.2 billion yuan (941.8 million U.S. dollars) in 2010, said Du Fangyuan, a press office coordinator of the company.Haier's sales revenue reached 135 billion yuan in 2010, up nine percent from a year earlier, Du said.The growth can be attributed to the group's successful transition of business model and product innovations, Du said.Haier Group, which is headquartered in east China's Qingdao city and has 60,000 global employees, sells its products in over 100 countries and regions around the world.