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Boao Asia Forum flagship report: Asia's economic growth is expected to be 4.5% in 2026
On March 24th, the Boao Asia Forum 2026 Annual Conference and flagship report launch event was held. During the event, two flagship reports were released: “Asia Economic Outlook and Integration Process 2026 Annual Report” and “Sustainable Asia and the World 2026 Annual Report.” The “Asia Economic Outlook and Integration Process 2026 Annual Report” states that the GDP share of Asian economies in the global economy will continue to increase, projected to rise from 49.2% in 2025 to 49.7% in 2026 based on purchasing power parity. Asia remains the main growth engine of the global economy, with an expected growth rate of 4.5% in 2026. South Asia has the highest growth rate, while West Asia faces more uncertainties affecting economic growth. (Shanghai Securities News)