The three day Summer Davos concluded today, in China's northern port city of Tianjin. And as always, the forum's final day was dedicated to discussing the outlook for the global economy.

Most participants believe the world economy is gradually recovering, and the growing trend will continue. There is some chance of a double dip recession. Strong growth is likely to appear in emerging economies like China and India, but at a different pace. While growth will probably slow in developed economies.

Though economists hold a positive outlook on the world economic recovery, they are also warning the impact of the crisis may go on, and there should be lessons learned.

Economists and business leaders predict growth in emerging economies will speed up.

But some think China will be the exception, with slowing growth due to economic structure reform.