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Asia expected to lead world growth: report
Date:2018-04-09  Source:Xinhua
 Asia has maintained stable growth and is expected to lead the world in economic development amid moderate recovery of major economies, said a Boao Forum for Asia (BFA) report Sunday.

The report, titled "Asian Competitiveness Annual Report 2018," was released at a press conference of the BFA annual conference, which runs from April 8-11.

The report cited enhanced driving forces of external growth, transformed internal impetus and deepened cooperation among economically integrated markets as major reasons propelling Asia's future development.

The Asian economy remains one of the major engines driving world economic development, it said.

Asia's demand for investment is estimated to surpass 8 trillion U.S. dollars by 2020, according to a separate report, BFA Progress

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