The 12th World Economic Forum's Annual Meeting of the New Champions (Summer Davos Forum) will be kicked off on September 18 through 20, 2018 in Tianjin China. As the first-prize winner of 2017 China Innovation & Entrepreneurship Competition Healthcare Sector, Ascletis is invited by Torch High Technology Industry Development Center, Ministry of Science & Technology China, to attend the forum. Dr. Jinzi Wu, founder, president and CEO of Ascletis, will attend the forum on behalf of Ascletis.

Ascletis has become the leader in China HCV field and a high-profile new economic champion due to its outstanding achievements in the R&D of innovative drugs and business operation. In June 2018, Ascletis commercialized Ganovo, the first direct-acting antiviral agent (DAA) developed by a domestic company in China. In August 2018, Ascletis filed New Drug Application for its second DAA and got the acceptance letter from China Food and Drug Administration. On August 1st, 2018, Ascletis successfully listed on Hong Kong Stock Exchange as the first pre-revenue biotech company globally.   

The theme of this year's forum was “Shaping Innovative Societies in the Fourth Industrial Revolution”. More than 2,000 representatives from the political, business, academic and media circles from more than 100 countries participated in the conference to discuss the world economic situation and study the world issues related to economic governance.

Premier Li Keqiang will attend the forum and deliver a speech at the opening ceremony, hold talks with leaders from Estonia, Latvia, Serbia, Samoa and other countries, and exchange ideas with representatives from the business, finance, think tanks and media circles.

The Summer Davos Forum is also known as the "World Economic Forum New Champions Annual Meeting". It is an annual meeting jointly proposed by World Economic Forum Chairman Schwab and Chinese Premier Wen Jiabao. The purpose is to create an interactive and cooperative platform for "global growth company" that can jointly plan the vision of future industrial and commercial development and dialogue with the world's top 1000 companies, countries and regional governments. The forum mainly focuses on global hot issues or trend issues. It is an important window for observing new achievements, new theories and new trends in world economic development, and has certain influence on the development trend of the world economy.