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Breakthroughs in technology will usher in the next wave of economic development and new investment opportunities, and China is to climb up the value chain, said Mark Haefele, chief investment officer at UBS Global Wealth Management.
"Any attempt to cut off the flow of capital, technologies, products, industries and people between economies, and channel the waters in the ocean back into isolated lakes and creeks is simply not possible. Indeed, it runs counter to the historical trend," he said.
He voiced China's opposition to the use of force in international relations, saying military means only lead to a dead end and maximum pressure will get nowhere.
The two-day event, themed "Redefining Growth: Innovation Breakthrough Inclusiveness", touches on a wide range of issues including global economic outlook and opportunities, fintech, sustainable and inclusive development, green finance and financial inclusion, offering participants a head start on identifying new economic challenges and opportunities in 2020.
According to him, China's daily new confirmed COVID-19 cases outside Hubei, the epicenter province of the outbreak, have dropped for 16 consecutive days by Wednesday. No new confirmed cases were reported on Wednesday in 13 provincial-level regions of China.
来源：资阳报