TIANJIN -- The second Summer Davos forum, or the Annual Meeting of the New Champions 2008, concluded in the north China metropolis on Sunday afternoon.

The two-day meeting was the first gathering of such kind after the U.S. subprime mortgage crisis, attracting some 1,400 participants from nearly 90 countries and regions. Chinese Premier Wen Jiabao addressed the opening ceremony.

The meeting picked "The Next Wave of Growth" as its theme, and the participants, including business elites, senior officials, experts and scholars, paid much attention to the current global financial crisis.

The Summer Davos forum mainly targets growth enterprises worldwide.

Schwab, founder and executive chairman of the World Economic Forum announced the third Summer Davos forum would be held in northeast China's port city of Dalian from September 10 to 12 next year.