Source: World Economic Forum, Outlook on the Global Agenda 2015 • According to the Economist Intelligence Unit, despite positive growth prospects, the Asia Pacific region faces inherent challenges including structural economic reforms, effective management of urbanization and geopolitical conflicts. • In order to address these challenges, there must be a common concept of community through the wider East Asia Pacific that involves economic, political, security and socio-cultural concepts. • The Economist Intelligence Unit expects real GDP growth in China to average 6.3% a year in 2015-2019. Source: Economist Intelligence Unit, China: Economic Forecast, 2014 Port 2050 Scenario Update Initiative - 2015 49