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China’s annual economic forum opened on Friday in the city of Boao in the wake of the BRICS summit, gathering politicians and business leaders from all over the world to promote Asia’s role in global finance and politics.

­This year, the event will focus on "Inclusive Development." China aims to shift from speedy economic recovery where the rich are getting richer and the poor are getting poorer.

"In the past, the forum focused on creating an atmosphere of cooperation between countries," says Long Yongtu, a member of Boao's Council of Advisers. "But this time, we are going a step further. We are looking at ways of ensuring more people within countries enjoy the benefits of economic growth."