The World Economic Forum's 16th Annual Meeting of the New Champions 2025, commonly known as the Summer Davos Forum, will kick off in Tianjin from June 24 to 26, bringing together over 1,700 participants from more than 90 countries to explore how entrepreneurship and innovation can reignite global growth.

The announcement came at a media conference in Beijing on Tuesday, where organizers detailed the event's focus on driving strategic dialogue around global challenges.

Over 144 senior political figures from more than 30 countries and regions, including 40 cabinet ministers, will join business tycoons, government officials, civil society leaders, academics, and media representatives at the forum, contributing insights into how regional development, emerging technologies, and shifting supply chains reshape global industries, with a particular focus on China and Asia.

Notable Chinese entrepreneurs such as TCL founder Li Dongsheng and JD.com chairman Liu Qiangdong are also set to attend the event.

Chen Shuai, deputy director general of the National Development and Reform Commission's Department of International Cooperation, highlighted the event as a showcase for China's achievements in high-quality economic development and its dedication to high-level opening-up. "We encourage the global business community to actively participate in China's modernization process and share the opportunities from its high-quality development," he said.

Tianjin vice-mayor Li Wenhai welcomed international participants to experience the city's advancements in technology and emerging industries, emphasizing the role of Summer Davos as a hub for meaningful dialogues.

World Economic Forum managing director Gim Huay Neo underscored Asia's significance as "the most youthful region driving 60 percent of global economic growth," noting the forum's role in fostering partnerships for geo-economic progress.

Themed "Entrepreneurship for a New Era", the Summer Davos forum features an agenda with five core pillars: Deciphering the World Economy, Outlook on China, Industries Disrupted, Investing in People and Planet, and New Energy and Materials.

Over 40 sessions, including the opening plenary, will be livestreamed, alongside the release of key reports such as the 2025 Energy Transition Index and Top 10 Emerging Technologies. Now in its 16th edition, the Summer Davos Forum reinforces China's position as a catalyst for global innovation and economic recovery.