The meeting comes hard on the heels of the United States' involvement in the Iran-Israel conflict and follows months in which the global economy has been battered by a tariff war launched by US President Donald Trump.
Brende told AFP it was still too soon to predict the impact of Trump's swingeing tariffs.
It is "too early to say what these tariffs will end with because the negotiations are still ongoing", he said.
"I think the jury is still out, but the traditional globalisation we saw is now changed into a different system," he said.
"That is a new chapter... especially since trade was the engine of growth."
Brende also warned mounting conflict could have a "very negative impact" on global growth.
- "China really does matter," Brende said, adding he expects the country to account for almost 30 percent of global growth this year.
- "China is pivoting its economy more towards digital trade, towards services and also now opening up for increasing domestic consumption -- something that is important," Brende said.
- "In the past, trade was the driver of growth, but you cannot exclude that new technologies including AI can... maybe replace the important role that trade had", Brende told AFP.
- While trade will remain "very important", he said, disruptive technologies can provide the productivity boost needed to "avoid a decade of sluggish growth".
Attendees bustled around a cavernous conference hall in Tianjin on Tuesday ahead of talks with a lineup of speakers that includes former UK Prime Minister Tony Blair.
- Location: Tianjin, China.
- Dates: June 24-26, 2025.
- Theme: "Entrepreneurship for a New Era".
- Focus: The future of entrepreneurship and innovation amid a dynamic global landscape, with a focus on how innovation and entrepreneurship can reinvigorate global growth and resilience.
- Attendees: Over 1,700 participants from more than 90 countries, including top political leaders, business leaders, academics, and media representatives.
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