The World Economic Forum on East Asia has kicked off in Jakarta, Indonesia. The 2-day forum brings together over 600 brilliant minds from around the globe to exchange ideas on the most pressing issues in the Asian region.
The growth of Asian economies is attracting more attention than ever.
With the US economy still trapped in a sluggish recovery and European countries mired in a lingering debt crisis, the world is shifting its focus to Asian economies led by China and India. The hope is they will help put the world's economy back on the fast-growth track.
Therefore, how to keep a sustainable growth for Asian economies in the future, and how the region can build a solid base going forward are among the top concerns addressed by participants in the World Economic Forum on East Asia.
Some experts say the boom of the Asia-Pacific region in the past few years was mainly powered by its strong export sector. However, the growth patterns have to be shifted. And some economies need to take advantage of growing domestic demand to improve their industrial capacity, in order to maintain the growth momentum in the years to come.