QI Group recently attended the World Economic Forum (WEF)’s Annual Meeting of the New Champions 2024 in Dalian, China. This prestigious event gathered 1,600 leaders from over 80 countries to address pressing global challenges.

As a long-standing WEF partner since 2010, we are committed to contributing to positive global progress. Representing QI Group were Chief Communications Officer Ramya Chandrasekaran, Chief Information Officer Ivan Woo, Chief Financial Officer YK Lee, and Senior Financial Controller Catherine Wong.

This year’s theme, “Next Frontiers for Growth,” sparked crucial conversations on future development strategies. The meeting focused on global economic growth, technological advancements, and sustainable development.

Ivan was invited to be a discussion leader at an AI workshop, where he represented the consumer industry. Ramya was invited to an exclusive women leaders dinner and a round table on the ASEAN Digital Economy. Meanwhile, YK Lee actively participated in the Forum’s CFO community.

Here are some key takeaways from the event that particularly resonated with our team:

• AI’s Transformative Potential: Discussions around AI were prominent, underscoring the importance of responsible development, ethical guidelines, and robust governance to harness AI’s full potential while mitigating risks.

• Navigating Geopolitics: There was a strong emphasis on global dialogue, diplomacy, and collaboration to manage US-China relations and prevent geopolitical tensions from escalating.

• Urgent Climate Action: Participants highlighted the critical necessity for bold actions, global cooperation, and systemic change to effectively address the ongoing climate crisis.

• Human Capital Investment: The discussions also stressed the importance of investing in education, digital skills, and promoting gender equality to ensure sustainable and inclusive growth.

The WEF Annual Meeting of the New Champions serves as a vital platform for global leaders to address critical challenges and chart a path towards a more sustainable and equitable future. QI Group’s active participation underscores our commitment to these goals and positions us as a frontrunner in shaping industries and driving positive change. As the world navigates complex issues, collaborations like these are essential to unlock the full potential of innovation and build a better future for all.