12 November 2013, Shanghai, China - UNITAR's training Centre CIFAL Shanghai in partnership with the UN Industrial Development Organization, the China International Economic and Technical Exchange Center, and the United Nations Global South-South Development organized the CEO Global Development Conference 2013 that took place at the Shanghai International Convention Center.The event was officialy inaugurated by Mr. Edward Clarence-Smith, the representative of UNIDO to China, Mr. Long Yongtu, the goodwill ambassador of UNIDO, former vice minister of the Ministry of Foreign Trade and Economic Cooperation, and Mr. Liu Chuanzhi, the chairman of the board of Legend Holdings Ltd.
The theme of the Conference was "Green Transformation: a common agenda and a new role in emerging economies". It explored emerging economies especially the economic recovery and transition after the global financial crisis. The opening ceremony comprised several speeches pertaining to multinational support, energy cooperation, industrial upgrading, and innovation with an aim to actively promote the exchange of knowledge and cooperation between economies, the relationship between emerging economies and developed countries, ongoing development in emerging economies, and the various opportunities presented and challenges faced in achieving sustainable energy development.
This theme has vital practical significance. A comparison was made between the contribution by developed nations (such as Japan, the United States and European nations) and emerging economies (such as China, India and Brazil) to the global economy since mid-2007. The data unfortunately was not optimistic, as it indicated depression and unrest among the emerging economies, and pessimism regarding the growth of its financial capital.
In the first half of the term in Brazil, Russia and China, there was a decline in the stock market and the global emerging market equities. The MSCI Emerging Markets Index fell more than 10 %, while the stock market increased more than 20% in developed countries. There was also a rapid depreciation of the currencies of Brazil , India, South Africa, Turkey and some other countries against the U.S. dollar. Emerging economies face an urgent need to balance the growth of their domestic economy, while promoting their economic growth model to adapt to changes in the international economic environment.
The conference brought together approximately 1,500 attendees from over 30 countries in Europe, America, Asia, and Africa. The attendees and speakers included various senior UN officials, state-level leadership ministers, international agencies, officials in charge of domestic and foreign financial institutions, officials from Fortune 500 companies, well-known entrepreneurs, and several experts and scholars.
Some of the dignitaries that gave speeches at the opening ceremony included the Vice Mayor of Shanghai, Mr. Zhou Bo; the Former Prime Minister of Netherlands, Mr. Wim Kok; the CPPCC Standing Committee, Director of Shanghai Municipal Commission of Economy and Informatization, Mr. Li Yaoxin; the Standing Committee of the Chinese People’s Political Consultative Conference, Li Yizhong; the Former Canadian Minister of the Federal Tax Department, Mr. Martin Cauchon; the Deputy Minister of Science, Technology, Energy and Mining Ministry of Jamaica, Ms. Stuart Alexander Hillary Joyce; the Senator of People’s Congress of Zanzibar, Mr. Juma Saleh and the Vice Minister of Ministry of Science and Technology of Burma, Mr. Ba Shwe.
The topics discussed included global macroeconomic issues, the BRICS green transformation, globalization of trade and foreign multinational companies, cooperation with Chinese enterprises, the interpretation of the FTA from Shanghai, enterprise participation in free trade zones, use of the Internet to bring change to the financial system in the new era of enterprise capital operation, the economies of the BRIC mutual cooperation network and commodity trading platforms.