 what an amazing performance if you don't mind I'd love to give him to give Kubert and Dana a round of applause again because it really blew me away dear partners and members of the World Economic Forum ladies and gentlemen good afternoon one exciting three days creating value through innovation or how do you as a leader nurture and foster creativity to drive innovation and generate value for your organization for yourself and for the societies in which we live yesterday session creative disruption encapsulates nicely in my mind the theme of this year's meeting during the discussion we sought to understand what is entrepreneurial disruption which industries are facing it in the next 15 years and what are the implications for the enterprises the industry and public policy we agreed that innovations are happening across the board in all industries and sectors of the government from education to matchmaking from fast food to manufacturing and as we just discovered in music as well indeed some are truly game-changing such as shale gas extraction but many are less discernible happening behind the seams in systems and processes and nonetheless impacting profoundly the way we live and work many of you are joining us for the first time here in Tianjin and I would like to reflect on some highlights that I believe represent the spirit of this gathering and in particular the spirit of the new champions communities for the first time at this annual meeting we had the new champions ceremony yesterday celebrating and highlighting the achievements of the communities that comprise the foundation of this gathering in the session the future of the internet economy we had high-ranking US and Chinese officials on a panel together for the first time discussing the internet and the digital economy the world economic forum is dedicating significant effort to continue the conversation this critical area and then there was an impromptu meeting yesterday in the challenge booth those white round a booth that looked like flying saucers in the village where a number of you gathered ad hoc and started a discussion on how to solve the problems in some of the current conflict zones in the world which require our immediate attention and for those of you who are there I apologize for my colleagues having to interrupt you as I hope that you are able to pursue this dialogue further and then there was the ocean dome which I heard was quite a highlight for many of you so as we move on to as you move on to your next journeys this afternoon it's our wish it's my wish that you take with you the ideas that you gained the experiences and exchanges that you had and I would like to thank you for your active engagement and would like to leave you with a quote that I saw written on one of these scribe boards one of these white boards which we use in many of our sessions the quote reads we are not good at guessing the future we'd better source creativity of course this meeting would not have been possible without the relentless support of the city of Tianjin with whom we have built a close partnership over the last eight years and I would like to thank Mayor Huang Xinguo and the municipal the municipality of Tianjin for welcoming us here and I'd also like to thank my colleagues and all the staff who've made this meeting I believe an enriching experience for our guests Jun Jing the Huang Xinguo she's on distinguished mayor mr. Huang Xinguo I would like to thank you and all the hospitality shown by the Tianjin citizens and you have making tremendous efforts in preparing the Davos meeting to be a great success thank you mr. Mayor thank you very much distinguished guests ladies and gentlemen good afternoon the summer Davos forum 2014 has completed all the agenda and will successfully come to a close for the past three days Tianjin has once again become the focus of the world Premier Lee Kerchang's brilliant speech is the greatest highlight of the forum 1,800 elite participants from various circles in the world have held in-depth discussions brainstormed ideas and explored sound strategy on the theme of creating value through innovation thus putting forward many new concepts new points of view and the new solutions and a sowing the seeds of wisdom which will yield fruitful results in the future we feel that sparks of ideas are blooming like flowers an inspiration of innovation bursts forth forcefully the broad consensus resulting from in-depth communication is the best annotation of Davos spirit we can see that friendship has been more and more deepened while sharing the advanced ideas and concepts and successful experience we have enhanced a mutual understanding and trust made more friends and become cooperative partners we think that innovation is the quintessence of Davos forum with innovation the world has become more beautiful and our life more wonderful there is no limit to innovation we should embrace innovative ideas with action forever we believe that so long as we set sail for innovation and forge consensus and cohesiveness the giant ship of world economy will navigate through wind and waves on the way to great prosperity we hope that in the refreshing season of autumn 2016 all the friends will meet again in Tianjin to renew friendship and accomplish another feast of ideas let's look forward to that day at the moment of reluctant farewell I would like to express once again our thanks to mr. shrub and the executive board of the forum I also want to thank all the honored guests for your enthusiasm and participation Chinese ministries commissions and Dali in city for your support and all the volunteers and the work staff for your hard work finally I wish all the friends good health and pleasant journey home thank you I'd like to invite me or to shelf a of Dali and who will welcome us next year in Dali and from September 9th to 11th respected delegates ladies and gentlemen during a two days annual meeting of new champions and at the moment of the closing ceremony on behalf of Dali and municipal government and myself I would like to give my sincere congratulations on the success of this annual meeting the participants based on the innovation and through creating value has discussed in various areas which will be conducive to the healthy development of China and the whole world Tianjin city well organizing this meeting it has provided high quality services a good practices can be applied to Dalian which will be very precious opportunity experience for us for the next year Dalian based on by taking opportunity of hosting the annual meeting has experienced that witnessed of the vigor and the wisdom of the participants all of the world and has contributed greatly to the original and the local economic development we enjoyed to be one of the members of the whole family Dalian wanted to be a fashion city and want to showcase to the whole world is a vigor and Christmas in the world the new area is being under construction in Dalian with the name to facilitate economic development and the bring its influence to the rest of the city we have worked on the regional and international cooperation with our counterparts all of the world we think that it is the high time for us to attract more investment and I really want to give my sincere invitation to all of you the participants experts the scholars the media friends and the business people to come to Dalian to participate in the next annual meeting and to experience the hospitality of Dalian people and to you know to enjoy the beautiful scenery of Dalian we are committed to providing high quality service to next annual meeting we want to join hands with all of you so as to build a better life and a better future for Dalian in conclusion I really want to welcome all of you to the next year annual meeting of new champions in Dalian in 2015 thank you very much for a lunch in the village offered by the municipality of Tianjin thank you very much