China is executing an impressive policy framework that is focused on building a consumer-led economy with a greater focus on environmental sustainability.
A total of 890 volunteers will assist participants at the 2014 Tianjin Summer Davos Forum - also known as the Eighth Annual Meeting of the New Champions - that opens Wednesday.
Tianjin, the largest coastal city in northern China, plans to develop itself into a modern service center and hopes to attract the world's business elite to locate in the city.
Mayview Maersk, the world's largest and most advanced container ship, arrived at the Pacific International Container Terminal in Tianjin Port in July.
Binhai New Area in Tianjin has long been a magnet for talented people and the authorities are making it more attractive by ensuring professionals' children have access to schooling opportunities.
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Annual Meeting of the New Champions Tianjin Preparatory Office