Question

Q2. Consider the following statements about Boao Forum for Asia (BFA):

1. It is regarded as China’s equivalent of the World Economic Forum.

2. The Forum is committed to promoting regional economic integration and bringing Asian countries even closer to their development goals.

Select the correct answer using the codes given:

• A. a) 1 only
• B. b) 2 only
• C. c) Both 1 and 2
• D. d) None of the above

Answer 1

The correct option is C

c) Both 1 and 2

Boao Forum for Asia (BFA)

• China’s equivalent of the World Economic Forum.
• It is a non-profit organisation that hosts high-level forums for leaders from government, business and academia in Asia and other continents to share their vision on the most pressing issues in this dynamic region and the world at large.
• The forum, sometimes known as the “Asian Davos”, takes its name from the town of Boao, located in China’s southern Hainan province, which has been the permanent venue for its annual conference since 2002
• The Forum is committed to promoting regional economic integration and bringing Asian countries even closer to their development goals.
• The theme of this year forum was “An Open and Innovative Asia for a World of Greater Prosperity”.