Global Agenda Annual Meeting of the New Champions 2016

The report details the 2016 Annual Meeting of the New Champions in Tianjin, China, where over 2,000 leaders discussed the Fourth Industrial Revolution. Key themes included the disruption of business models by technologies like blockchain and AI, the need for agile governance to manage digital innovation, and China's strategic shift toward a consumption-driven, innovation-led growth model. The document also highlights the 'One Belt, One Road' initiative and the potential for emerging technologies to address global challenges in healthcare and energy.

• The Fourth Industrial Revolution is driving systemic changes that disrupt traditional business models and production systems, with fintechs potentially accounting for 40% of international finance within 10 years.
• Technological disruption is expected to significantly impact the labor market; 65% of children currently entering primary school may eventually work in job types that do not yet exist.
• China is transitioning its economic model from export-led manufacturing and fixed-asset investment toward sustainable, innovation-led growth driven by domestic consumption, as outlined in its 13th Five-Year Plan.
• The 'One Belt, One Road' (OBOR) initiative, involving 65 countries, serves strategic and geopolitical goals of peace and prosperity while addressing China's domestic overcapacity.
• Blockchain technology is identified as a potential 'game-changer' for the financial world and beyond, offering applications in government contracts, voting lists, and the tracking of synthetic diamonds to combat corruption.
• The report identifies a conflict between the 'vertical system' of national government regulation and the 'horizontal system' of the borderless internet, suggesting a need for 'regulatory sandboxes' as seen in the UK and Singapore.
• Climate change mitigation requires agile governance and private sector adaptation, including the use of green bonds and carbon markets, to ensure companies remain 'future-proof'.

APA

World Economic Forum (2016). Global Agenda Annual Meeting of the New Champions 2016. http://www3.weforum.org/docs/WEF_AMNC16_Report.pdf

Chicago

World Economic Forum. Global Agenda Annual Meeting of the New Champions 2016. 2016. http://www3.weforum.org/docs/WEF_AMNC16_Report.pdf.

Wikipedia

{{cite report |author=World Economic Forum |title=Global Agenda Annual Meeting of the New Champions 2016 |date=2016 |url=http://www3.weforum.org/docs/WEF_AMNC16_Report.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldeconomicforum2016global, author = {{World Economic Forum}}, title = {{Global Agenda Annual Meeting of the New Champions 2016}}, institution = {World Economic Forum}, year = {2016}, url = {http://www3.weforum.org/docs/WEF_AMNC16_Report.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }