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World-leading Economists and Thought Leaders Converge at Hong Kong’s Landmark Forum to Decode China’s Economic Future in a Multipolar World

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Economists

HONG KONG SAR – Media OutReach Newswire – 12 December 2025 – The highly anticipated International Forum on China’s Economy and Policy 2025, held by the Chief Executive’s Policy Unit (CEPU) of the Hong Kong Special Administrative Region (HKSAR) Government, successfully concluded in mid-November. Themed “Economic Transformations in a Multipolar World”, the Forum delivered a full day of profound insights and high-level dialogue on the shifting dynamics of the global economy. The event, held at the Central Government Offices in Hong Kong, attracted around 600 distinguished guests, including leading economists, policymakers, academics, business and think tank leaders from overseas, the Chinese Mainland and Hong Kong.

This landmark event, organised by the CEPU in collaboration with think tanks affiliated with the Chinese Academy of Social Sciences and world-leading university think tanks in Hong Kong, was designed to serve as a critical platform to discuss and shape impactful policy initiatives for the economic development of China and beyond. The Forum examined and discussed the ongoing transition of the global economy under a multipolar system, with a focus on how geopolitics, regional trade blocs, technological innovation, and shifting supply chains are reshaping global trade, governance and financial systems. In particular, the Forum also highlighted Hong Kong’s new role in navigating these changes, fostering innovation, and contributing to the future of the national and global economy.

The Forum is the second of the CEPU’s flagship series “International Forum on China’s Economy and Policy”. As the “think tank among think tanks” working directly under the Chief Executive of the HKSAR, the CEPU has championed the creation of this high-level platform to encourage cross‑sector dialogue on this crucial matter. The inaugural Forum took place in 2023 under the theme “China’s Stride towards High-quality Development – The Opportunities and Roles of Hong Kong” that examined and discussed China’s economic situation and future trends, the global economic landscape and Hong Kong’s role in national economic development under China’s strides towards high-quality development.

This year, against the backdrop of today’s increasingly complex global economic landscape, the Forum featured Hong Kong’s unique role in actively pioneering new development paradigms and creating stronger impetus. This includes leveraging its distinctive strengths in deepening international exchanges and co-operation, while proactively integrating into national development.

In his welcoming remarks at the Forum, the Chief Executive of the HKSAR, Mr John Lee said, “Our country is solidly on a path of high-quality development, creating a stable platform for global growth. As part of this national endeavour, the HKSAR is proud to contribute its unique advantages, which also enable us to play a critical role in global economic transformations. Under the ‘one country, two systems’ principle, Hong Kong enjoys the dual advantage of having both national and global opportunities. In these times of economic uncertainty, Hong Kong, as a ‘super connector’ and ‘super value-adder’, builds bridges for a world of mutual opportunity, offering a market-friendly business environment. We are working now, proactively, to align ourselves with the 15th Five-Year Plan, fulfil Hong Kong’s responsibilities and seize the plentiful opportunities there for us.”

To discuss economic transformations around the world, this year’s Forum brought together leaders from all sectors to explore pathways for collaborative development. Special addresses were delivered by the esteemed Columbia University Professor and Nobel Memorial Prize laureate in Economic Sciences Professor Joseph E. Stiglitz, and Stanford University Philip H. Knight Professor Emeritus of Management, Graduate School of Business, Senior Fellow, Hoover Institution, and Nobel Memorial Prize laureate in Economic Sciences Professor Michael Spence. The Chief Executive also had a meeting with Professor Stiglitz and Professor Spence, both unanimously agreed that China’s economy has greater room for development, while Hong Kong is poised to play a more significant role in forming a new development model.

The Forum also brought together more than 20 experts, academics, business leaders and government officials from overseas, the Chinese Mainland and Hong Kong who participated in three high-level panel discussion sessions that tackled pressing issues surrounding the themes “Global Significance of China’s New Development Plan”, “The New Development Landscape of Hong Kong”, and “The Integrated Symbiosis of Regional Economies in the World”. In-depth discussions focused on the latest dynamics and trends of global transformations, impacts and challenges faced by the global economy, and on key topics such as the nation’s economic development strategy during the 15th Five-Year Plan period, sustainable development models for regional economic co-operation in the world, and how Hong Kong can enhance its international competitiveness and contribute to future global economic development in the evolving landscape.

Among the esteemed speakers were Member of the Leading Party Members’ Group, and Secretary-General, Chinese Academy of Social Sciences, Dr Zhao Zhimin; Academician, Chinese Academy of Social Sciences, Dr Cai Fang; Vice Director, Economic Committee of the 13th National Committee of the Chinese People’s Political Consultative Conference and former Vice Minister, Development Research Center of the State Council, Dr Liu Shijin; Director, the Institute for European Policymaking, Bocconi University, Professor Daniel Gros; and the Chairman, Europe-Asia Center, former Under-Secretary-General, United Nations, and former Executive Director, United Nations Environment Programme, Mr Erik Solheim.

“The Forum establishes a platform with international influence for high-level dialogue and exchange among the academic community, business leaders and think tanks. Renowned speakers from the United States, Europe, ASEAN (Association of Southeast Asian Nations), the Chinese Mainland, Hong Kong and across the globe have been invited,” commented Dr Stephen Wong, Head of the CEPU. “This initiative serves a dual purpose: to deepen international exchanges and co-operation for local think tanks, thereby enhancing their global influence; and to explore international and national economic development trends, uncovering Hong Kong’s unique advantage as a bridge connecting the Chinese Mainland and the world. This will accelerate Hong Kong’s integration into and contribution to the broader National Development landscape.”

Beyond the formal sessions, the Forum provided an invaluable venue for economists, policymakers, academics, think tank experts, business and thought leaders from overseas, the Chinese Mainland and Hong Kong to network and forge partnerships, once again showcasing Hong Kong’s unique role as a ‘super connector’ and ‘super value-adder’. The International Forum on China’s Economy and Policy has firmly established itself as a premier event for understanding the forces shaping China’s economic trajectory and its profound impact on the world, with many attendees already looking forward to future opportunities to reconvene and continue this critical dialogue.

 

Energy

Gwede Mantashe Joins African Energy Week (AEW) 2026 as South Africa’s Petroleum Reforms Open the Orange Basin to Drilling

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African Energy Chamber

A new petroleum law and the prospect of fresh Orange Basin drilling is resetting South Africa’s upstream, and Minister Mantashe is taking the AEW host nation’s case to the global market

CAPE TOWN, South Africa, June 8, 2026/APO Group/ –Gwede Mantashe, Minister of Mineral and Petroleum Resources of the Republic of South Africa, has been confirmed as a featured speaker at the upcoming African Energy Week (AEW) 2026 Conference and Exhibition, where he is expected to lay out the reform agenda reshaping the country’s upstream oil and gas sector and its drive to convert long-stranded offshore gas into production.

 

South Africa is pursuing one of the most significant upstream overhauls in its history, anchored by a new law that gives oil and gas their own regulatory regime for the first time. The reforms position the host nation as both a destination for exploration capital and a future producer along an Atlantic margin that has drawn the world’s largest oil companies to the region.

At the center of the shift is the Upstream Petroleum Resources Development Act (UPRDA), which President Cyril Ramaphosa signed into law in October 2024. The Act separates petroleum from the mining statute that has long regulated both sectors. It also creates a single petroleum right covering exploration and production along with a 20% carried interest for the state. The UPRDA awaits a presidential proclamation to take effect, and implementing regulations that went through a further round of industry comment in early 2026 are now being finalized.

A clear petroleum framework and a credible state partner are what international capital needs to commit to the Orange Basin

Mantashe has emerged as the most forceful advocate for accelerating the sector. He has long-argued that South Africa must shift from importing refined products to producing its own, warning that dependence on foreign supply leaves the economy exposed to global price shocks. This shift becomes increasingly more importance in the current global climate, where supply security has become a major challenge – particularly for import-reliance economies such as South Africa. As such, Mantashe has repeatedly pressed for faster licensing and fewer legal delays to exploration. AEW 2026 is a key platform to bring this discussion to a global audience.

“South Africa has the geology for exploration. Now it is building the regulatory certainty it needs to turn discoveries into bankable projects,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “A clear petroleum framework and a credible state partner are what international capital needs to commit to the Orange Basin.”

Offshore, TotalEnergies – operator of Block 3B/4B in the Orange Basin – is preparing to begin drilling in South African waters in 2026 pending final regulatory approvals. The acreage sits on trend with the Venus discovery in neighboring Namibia, where TotalEnergies is developing the basin’s first oil project.

Onshore, momentum is building in Mpumalanga, where gas developer Kinetiko Energy’s Amersfoort project has logged sustained high-flow results and is advancing plans for an LNG pilot plant. Mantashe has also signaled that government is moving to lift the long-standing moratorium on shale gas development, with the Petroleum Agency of South Africa (PASA) estimating recoverable Karoo reserves at 209 tcf.

Mantashe is also expected to report on successes of the South African National Petroleum Company (SANPC), the state entity formed in May 2025 through the merger of PetroSA, iGas and the Strategic Fuel Fund. Positioned as the country’s petroleum champion, SANPC is intended to anchor state participation across the value chain as South Africa works toward 6 GW of gas-fired power by 2030.

As AEW 2026 prepares to convene policymakers, investors and operators at the Cape Town International Convention Centre from October 12-16, Mantashe’s address carries added weight as the host nation’s signal to the market. His message is expected to be direct: South Africa is open for upstream investment and ready to move from potential to production.

Distributed by APO Group on behalf of African Energy Chamber.

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Business

Digital transformation journey takes centre stage at ANGOTIC 2026

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ANGOTIC 2026

In Luanda, ANGOTIC 2026 is expected to attract more than 20,000 participants and visitors, including prominent international political figures, global ICT industry leaders, national and international exhibiting companies

LUANDA, Angola, June 5, 2026/APO Group/ –The sixth edition of ANGOTIC – International Information and Communication Technologies Forum (www.ANGOTIC.ao) – will take place in Luanda at the Talatona Convention Centre on 11, 12 and 13 June 2026 (Thursday, Friday and Saturday).

Under the theme “On the Road to Digital Transformation”, a slogan that was neither randomly chosen nor defined by chance, the event seeks to highlight the achievements attained by the Angolan Government in recent years. These achievements are based on the strengthening, improvement and expansion of ICT infrastructure, including ANGOSAT-2 and the National Space Programme, the National Broadband Network Project, the expansion and reinforcement of fibre-optic networks, particularly the 2Africa submarine cable, the implementation of the INAMET modernisation programme, Digital Terrestrial Television, and more recently, the commissioning of the Government Data Centre and Cloud Platform.

These and other initiatives have facilitated and expanded access to telecommunications and information technology services for citizens, while encouraging operators to continuously develop solutions tailored to the needs of businesses and individuals.

ANGOTIC presents itself as an international platform for fostering and strengthening relationships, bringing together exhibitions of products and services based on the innovative capacity of operators, presentations and debates on current ICT-related topics and challenges. It also serves as a privileged venue for training and capacity-building initiatives, the launch of new products and services, the strengthening of relationships among operators through the signing of agreements and business meetings, as well as the promotion of Angolan culture.

At ANGOTIC, and in response to the needs identified by both the organisers and the market, participants will find, in addition to the activities already mentioned above, the Startup Zone and the Kids Zone, both of which will offer a vibrant daily programme of activities and experiences.

The Startup Zone, designed under an inclusive and integrated 360-degree concept, comprises the Entrepreneurship Support Centre, Investment Centre, Artificial Intelligence for Business Training Room, Digital Payments Hub, and a Hackathon focused on Artificial Intelligence and Space Technology.

At the Entrepreneurship Support Centre, companies and participants will be able to explore and experience all the stages involved in establishing a business, from the business idea itself to financing, feasibility studies, company registration through the One-Stop Business Registration Office (Guiché Único da Empresa), logo and branding development, INAPEM certification, and trademark and patent registration through IAPI.

Also within the Startup Zone, at the 360° Stage, all startups and companies participating in the event will have the opportunity to obtain INAPEM certification through the Entrepreneurship Support Centre, enabling them to benefit from advantages such as tax exemptions and eligibility to participate in public tenders.

At the Investment Centre, investment solutions for businesses, micro-enterprises and entrepreneurs will be available, as well as access to microcredit opportunities.

The Digital Payments Hub will facilitate partnerships with Pay4All for the integration of payment solutions through references, Multicaixa, Multicaixa Express and e-Kwanza into a single platform within 24 hours. The area will also feature the INAPEM business incubator (TWENDY).

The Kids Zone, a family-oriented space aimed at children, teenagers, young people, students, teachers, partners, companies and institutional visitors, among others, will feature the following key activities during this edition of ANGOTIC:

  • Kids Tech Academy – electronics and programming for children;
  • ITEL Creator Studio – podcasting, vector photography and digital content creation;
  • Robotics Arena – robotics workshops, assembly and demonstrations;
  • Future Careers Zone – immersive experiences focused on the professions of the future;
  • Immersive Tech Lab – virtual and augmented reality experiences;
  • STEM Simulation Lab – simulated science and technology experiments;
  • E-Sports Learning Zone – educationally guided digital gaming activities;
  • Electric Mobility Track – electric vehicles developed by students;
  • ITEL Brand Store – institutional products and merchandise;
  • Student Innovation Gallery – exhibition of 12 technological projects developed by ITEL students.

In Luanda, ANGOTIC 2026 is expected to attract more than 20,000 participants and visitors, including prominent international political figures, global ICT industry leaders, national and international exhibiting companies, startups from various provinces of Angola, approximately 100 national and international speakers, national and international media organisations—some of which will travel specifically to the Angolan capital for the event—as well as academics, researchers and technology enthusiasts.

According to the programme for this edition, the following have already been confirmed as of the date of this press release: 11 national and international companies as official sponsors of ANGOTIC, more than 300 startups—having already reached the maximum capacity allocated to them—approximately 200 exhibiting and non-exhibiting companies, and nearly 5,000 tickets already sold.

Regarding ticket sales, it is worth highlighting that, as in the 2025 edition, tickets are also available through the ANGOTIC website. The “Family Ticket” category allows up to three children accompanied by a guardian to access the ANGOTIC experience with a single ticket.

Distributed by APO Group on behalf of ANGOTIC.

 

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Energy

Libya Energy & Economic Summit (LEES) 2027 to Define Libya’s Next Phase of Energy Expansion in Tripoli

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Etu Energias

Returning for its fifth edition, LEES 2027 will advance Libya’s $18 billion energy pipeline, targeting 1.6–2 million bpd, gas megaprojects and renewables

TRIPOLI, Libya, June 4, 2026/APO Group/ –The fifth edition of the Libya Energy & Economic Summit (LEES) 2027 returns to Tripoli on January 23–25. Positioned as Libya’s landmark energy event, LEES serves as the country’s premier international platform for investment, technical collaboration and private sector engagement across oil, gas, power and renewables.

 

LEES 2027 builds directly on the outcomes of LEES 2026, which marked Libya’s shift from post-recovery stabilization to execution-led development. The 2026 edition established an estimated $18 billion pipeline of energy and infrastructure projects and repositioned the sector from ambition to delivery, setting the foundation for the 2027 summit’s execution-focused agenda.

 

A central focus for 2027 is upstream acceleration. The National Oil Corporation’s (NOC) 2026 licensing round introduced 22 on- and offshore exploration blocks, the country’s first in 17 years, alongside a mandate to drill 70 to 100 new wells annually. With support from the Ministry of Oil & Gas, LEES 2027 will evaluate initial seismic results, contract awards and the transition from exploration rights into operational development phases.

Production expansion remains a core investment theme. Libya’s output stabilized at approximately 1.4 million barrels per day (bpd) in 2026, with LEES 2027 targeting pathways toward 1.6 million bpd in the near term and a long-term ambition of 2 million bpd. The summit – endorsed directly by the NOC – will focus on infrastructure bottlenecks, field optimization and midstream capacity required to support higher output levels.

 

Gas monetization and large-scale infrastructure development will also feature prominently. Eni’s $8 billion offshore Structures A&E project remains on track for completion by late 2027, while discussions around Chevron-linked shale studies highlight potential resources estimated at 123 trillion cubic feet of gas and 18 billion barrels of oil across key basins, including Sirte, Murzuq and Ghadames.

Moving from licensing and planning into large-scale execution and infrastructure delivery, LEES 2027 is a focal point for this critical transformation in Libya’s energy sector

 

The sector aims to attract an estimated $3–4 billion in annual drilling investment following unified drilling regulations announced in 2026. LEES 2027 will assess early implementation outcomes, including operational safety, fiscal predictability and contract execution efficiency across upstream assets.

 

Meanwhile, Libya’s 4 GW solar roadmap is advancing, anchored by TotalEnergies’ 500 MW Sadada solar project. Supported by the Renewable Energy Authority of Libya as an institutional partner, LEES 2027 is expected to focus on financial close milestones, construction timelines and the scaling of independent power purchase structures within the national grid strategy.

 

Human capital development will also remain a strategic pillar at next year’s event, with the Energy JEEL initiative having trained more than 900 youth participants aged 15–35 in engineering, digital systems and energy operations, forming a national talent pipeline aligned with Libya’s long-term energy transition and industrial expansion goals.

Against this backdrop, LEES 2027 – which takes place at the Tripoli International Convention Center – will serve as the sector’s execution benchmark, converting licensing frameworks, infrastructure commitments and production targets into operational outcomes across hydrocarbons, power generation and next-generation energy systems.

 

“Moving from licensing and planning into large-scale execution and infrastructure delivery, LEES 2027 is a focal point for this critical transformation in Libya’s energy sector,” says James Chester, CEO of LEES 2027 organizer Energy Capital & Power. “It will be a defining platform where investment commitments from 2026 are translated into measurable production, capacity expansion and long-term energy security outcomes.”

 

Join industry leaders at the Libya Energy & Economic Summit 2027 in Tripoli and explore investment opportunities in one of Africa’s most dynamic energy markets. LEES 2027 offers a premier platform for partnerships, innovation and sector growth. Visit www.LibyaSummit.com to secure your participation. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com

Distributed by APO Group on behalf of Energy Capital & Power.

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