• Premier Li Keqiang has been invited to the opening ceremony of BFA 2016.

Premier Li Keqiang has been invited to the opening ceremony of BFA 2016. (Photo : www.vishvatimes.com)

The Boao Forum for Asia (BFA) 2016 will focus on new challenges in Asian and emerging economies with the goal of injecting new vitality into the world's economy, as reported by Xinhua.

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The annual conference takes place in Boao, the coastal town in the southern island province of Hainan. This year's BFA is scheduled to happen from March 22-25, with the theme "Asia's New Future: New Dynamics and New Vision," according to a Wednesday press briefing.

Premier Li Keqiang has been invited to attend this year's opening ceremony.

"Asian and emerging economies are in completely different internal and external environments, which challenges their innovation-driven development endeavors and governance models," said Zhou Wenzhong, BFA secretary-general.

"How they steer their economic restructuring, strengthen regional economic cooperation and improve infrastructure and technological innovation capabilities will attract international attention and dominate discussion at the conference," Zhou added.

For this year's BFA, the top priority for the conference will be to discuss how to inject new vitality and foster new sources of growth for the world economy.

Several discussion topics will be covered during the four-day event, including macroeconomy, political affairs, entrepreneurship, innovation, Internet plus, social welfare, culture, sports, religion and civilization.

The annual conference will invite experts from different fields, including, politics, business, academics, media and other communities, as well as heads of state and government.

The BFA will also feature entrepreneurs from different areas like frontier technology, advanced manufacturing and emerging industries.

Aside from heads of state and government leaders, ministerial-level officials from 18 major and emerging economies have been invited to attend the event.

The conference is made up of 83 sessions, including 51 forums, 14 roundtables, six themed dinners and 12 entrepreneur dialogues.

The BFA, a non-governmental and non-profit international organization, was founded in 2001. It is committed to promoting regional economic integration and helping Asian countries reach their development goals.