OECD head: New tech drives prosperity

More efforts are needed to embrace free trade, foster open markets and boost the innovation and technological progress of countries and regions around the world, according to government leaders, business executives and experts from home and abroad.

"Powered by investment in new technologies, innovation is a key driver for growth and development. It enables countries to be more competitive, more adaptable to change and able to support higher living standards," said Angel Gurria, secretary-general of the Organisation for Economic Co-operation and Development.

Gurria made the remarks on Monday at a forum during this week's ongoing China International Import Expo, or CIIE, which will last until Saturday.