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Schwab: innovation key for global economic growth

Updated: Sep 11,2014 11:35 AM

This year’s World Economic Forum has the same theme as last year ‘Creating Value through Innovation’, but with more inclusive discussion topics.

Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, says innovation is key factor for economic competitiveness of the slowly recovering world economy and it is of especially importance for China. Take a listen.