BEIJING, July 1 (INP): China-led Davos forum, taking place on July 1-3 in the city of Dalian in the northeastern province of Liaoning will equally benefit Pakistan, said officials and businessentrepreneurs representing the country at the Forum.

The forum, they said will help them to explore the possibilities of enhancing their trade and business interaction with China and other friendly countries.

They praised high the Chinese government for providing them an opportunity to find out new market in China. They were confident the forum will help in promoting President Xi Jinping' s vision of shared destiny both at regional and international level.

Also known as the Summer Davos, the meeting has become synonymous with China, being held alternately on an annual basis in Dalian or Tianjin. It is basically the World Economic Forum's global moot to promote innovation, science and technology.

Since the idea behind the Summer Davos is to bring together global business leaders as well as prominent figures in other fields, the venue of such meetings could not have been better chosen, because China has been playing a leading role in promoting globalization.

The theme of the Annual Meeting of the New Champions 2019 is "Leadership 4.0: Succeeding in a New Era of Globalization." It sums up the main focus of the gathering which will attract more than 1,800 leaders of diverse fields from around the globe.

The participants represent politics, business, trade, civil society, academia and media. According to the organizers, 70% of the guests came from outside China, representing 120 countries covering more than half the world.

According to the World Economic Forum, the Summer Davos, like the World Economic Forum, engages with the "who's who" of all key sectors, ranging from industry to academia and media. The participants have visions to shape the future according to the new realities.

China, by providing a forum for such meeting exhibits its commitment that it stands with the world on the issue of globalization. The political leadership of China often sends high level representation in such forums.

Chinese Premier Li Keqiang was scheduled to attend and also make a speech at the opening ceremony. It is a forceful reminder that China stands with those who are working for a better future.

Each year, the Summer Davos enjoys growing success. In the long run, it will cultivate a global culture, making globalization an irreversible reality.