Launch of ADB's Asian Economic Integration Report 2025
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| Monday 24 March 2025 at 10:00 - 11:30 am (Hong Kong time, GMT +8) | |
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1501-02, Hong Kong Club Building, 3A Chater Road, Central |
The Asian Economic Integration Report 2025 highlights the pivotal role of regional economic integration in Asia and the Pacific's remarkable growth over the past two decades. The report reveals that Asia's trade integration is comparable to that of the European Union, with significant advancements in foreign direct investment (FDI) and steady progress in migration, remittances, and tourism. However, financial integration remains the lowest among the four dimensions. The expansion of preferential trade agreements (PTAs) underscores Asia's commitment to regional integration, though their impact has been limited. The report also emphasizes the growing importance of services, digital, and green industries in foreign investment, and the challenges and opportunities posed by geoeconomic fragmentation. Additionally, the report discusses the benefits of global monetary easing, the growth of Asian labor migration, and the need for regional cooperation to enhance tourism competitiveness and resilience.
Event details (https://aric.adb.org/events/aeir2025)
Date: 24 March 2025, Monday
Time: 10:00 - 11:30 a.m. (Registration starts at 9:30 a.m.)
Venue: 1501-02, Hong Kong Club Building, 3A Chater Road, Central
Language: English
Organizers:
Asian Development Bank
HKUST Business School
HKUST Greater Eurasia Asia Center (GEAR)
HKUST Institute for Emerging Market Studies (IEMS)
Speakers (listed in the order of appearance in the program)
- Dr. Albert Park, Chief Economist and Director General, Economic Research and Development Impact Department, Asian Development Bank
- Prof. Kai-Lung Hui, Acting Dean, Elman Family Professor of Business, Chair Professor of ISOM, Hong Kong University of Science and Technology (HKUST) Business School
- Dr. Jong Woo Kang, Director, Regional Cooperation and Integration Division, Economic Research and Development Impact Department, Asian Development Bank
- Dr. William Fung, Group Deputy Chairman, Fung Group of Companies
- Prof. David Cook, Acting Head, Department of Economics, HKUST
- Prof. Yao Amber Li, Associate Professor, Department of Economics, HKUST
Program
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09:30 - 10:00 |
Registration* |
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10:00 - 10:05 |
Opening Remarks
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10:05 - 10:10 |
Welcoming Remarks
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10:10 - 10:35 |
Presentation on the Key Findings of Asian Economic Integration Report 2025
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10:35 - 11:15 |
Panel Discussion: Harnessing the Benefits of Regional Cooperation and Integration Chair:
Panelists:
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11:15 - 11:30 |
Open Floor Discussion |
*Coffee and tea are available at 9:30 a.m. and refreshments after the event.
Please register here .
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