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Archives of Peking University News - PKU English - 北京大学

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<strong>北京大学</strong>英语新闻网/<strong>Peking</strong> <strong>University</strong> <strong>News</strong><br />

Mr. Figueres thought high <strong>of</strong> China‘s fast and lasting economic development and<br />

said countries in Latin America should learn from the emerging world factory<br />

especially on that ―China sucks up the world foreign direct investment.‖ When asked<br />

to comment on the unbalance in China‘s development and the increased income<br />

gap, Figueres didn‘t hide his admiration and replied: ―Look at yourself! You are a<br />

miracle!‖ He concluded the question with a Spanish Proverb ―If development was<br />

easy, we would all be developed‖, by which he meant to point out that ―Development<br />

is extremely complex.‖<br />

Meanwhile, he looked into some major risks ahead in an information society,<br />

including external shocks (low global growth). Only by competitiveness can we<br />

mitigate risks and finance the ―virtuous circle‖. We also should have free trade<br />

agreements. Then he told the story <strong>of</strong> Nike shoes: At the beginning, Nike hired<br />

children labor, which raised the dissatisfaction <strong>of</strong> consumers. When consumers felt<br />

enough with the policy <strong>of</strong> Nike and were not going to buy their products, Nike<br />

changed their policy and through many hurdles and obstacles, it is now a very<br />

responsible cooperation.<br />

Approaching the end <strong>of</strong> his lecture, Jose mentioned the ―black hole theory‖, that is to<br />

get energy through sucking up foreign investments. He said hopefully that we need<br />

to foster our well-being in the present, while we ensure the great balance in society<br />

that would contribute to the long term development.<br />

Marked with Mr. Figueres‘ humor, passion and insight, the speech was accompanied<br />

with understanding laughter from the involved audience.<br />

Mr. Jose is Chief Executive Officer <strong>of</strong> the World Economic Forum, Switzerland. He is<br />

also founder <strong>of</strong> the Costa Rica Foundation for Sustainable Development. He was<br />

educated at United States Military Academy at West Point where he graduated with<br />

an Engineering degree and at the Kennedy School <strong>of</strong> Public Administration, Harvard<br />

<strong>University</strong> where he obtained his MPA.<br />

Edited By : Liu Li<br />

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