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Explanation of World Economic Forum Terms
The World Economic Forum is an unofficial international organization whose purpose is to study and discuss the problems existing in the world economy and promote international economic cooperation and exchanges.

World Economic Forum (WEF); Because it was held in Davos for the first time, it was also called "Davos Forum". It is an unofficial international organization whose purpose is to study and discuss the problems existing in the world economy and promote international economic cooperation and exchanges. Its headquarters is located in Geneva, Switzerland.

The World Economic Forum was formerly the "European Management Forum" founded by klaus schwab in 197 1. 1987, the European Management Forum was renamed the World Economic Forum. The annual meeting of the 2023 World Economic Forum was held in Davos from June 6 to 20, 2023.

Membership structure of the World Economic Forum

The influence of the World Economic Forum lies in the strength of its member groups. The members of the World Economic Forum Foundation are the top multinational companies in the world 1000, leading the world economic trend. People in each member group represent the most influential decision makers and trend leaders in their respective fields. People in the member groups communicate with each other, and close discussions among different member groups make every activity organized by the World Economic Forum Foundation get active participation, which is the main symbol that distinguishes the World Economic Forum from other forums.

In order to meet the specific requirements of the members and participants of the World Economic Forum, the Foundation has convened relevant people and organized various activities, such as setting up a special organizing committee and holding a series of global, regional and local activities to promote cooperation and improve the global economic situation. Members of global growth companies belong to a member group, including some of the most important innovative enterprises in the world.