Consolidate Global Common Development and Cooperation Forces for Development | China | Global
The World Economic Forum is once again meeting with China offline. The 14th Annual Meeting of New Leaders of the World Economic Forum was held in Tianjin from June 27th to 29th. The theme of this annual conference is "Entrepreneurial Spirit: The Driving Force of the World Economy", with over 1500 representatives from over 90 countries and regions attending.
From the Winter Davos Forum to the Summer Davos Forum, from the Swiss mountain towns to the coastal cities of China, the World Economic Forum has always been an international platform that connects the East and the West, and is a vital bridge for China to communicate with the world and perceive China. Chinese wisdom, Chinese voice, and Chinese solutions are disseminated to the world through the World Economic Forum, injecting strong forces into promoting common development of the world economy.
Under numerous challenges, the global economic recovery is weak and shrouded in the shadow of recession.
"At present, the most urgent task is to lead the world economy out of its predicament. The world economy has been in the doldrums for a long time, and the gap between the rich and the poor and between the North and the South has become more prominent. The root cause is that the three prominent contradictions in the economic field have not been effectively resolved." In January 2017, President Xi Jinping attended the opening ceremony of the annual meeting of the World Economic Forum in Davos, Switzerland, and "checked the pulse" of the world economy. Today, he still hits the point.
Currently, deep-seated and structural contradictions seriously constrain the development of the world economy. The driving force of traditional driving mechanisms and growth engines driving economic development is constantly weakening. Although new technologies such as artificial intelligence continue to emerge, new economic growth points are still difficult to support sustained and stable growth of the world economy.
In the past few decades, the international economic power balance has undergone profound evolution, but global economic governance has lagged behind, making it difficult to adapt to new changes in the world economy. The representativeness and inclusiveness of the global economic governance system are insufficient, and many problems such as frequent turbulence in the international financial market cannot be effectively resolved.
The North South divide between developed and developing countries, as well as the wealth gap between capital and labor, face the risk of widening or even solidifying. The occurrence of the COVID-19 and irresponsible financial policies of individual countries have led to the differentiation of economic recovery performance of various countries and the imbalance of global development.
In addition, unilateralism, protectionism, and bullying are rampant, and some countries have a deep-rooted Cold War mentality, insisting on seeking world hegemony. They engage in a zero sum game of losing and winning, creating exclusive "small circles" and "small groups". The international community is clearly intensifying, and the geopolitical situation is turbulent, seriously disrupting the global economic and trade order.
The era's proposition of "where the world is going" urgently requires an answer. Is it unilateralism or deepening cooperation? Is it seeking common development or a zero sum game? Is it a split and opposition or an open and win-win situation? The game and competition between two orientations profoundly affect the future of humanity and also test the international community.
For many years, China has interpreted China's economic globalization proposition and the concept of building a community with a shared future for mankind from a global and global perspective, with a philosophical and historical perspective. China has deeply answered the questions of the times, insightfully understood the changes of the times, understood the needs of the times, and led the way. Deep thoughts shine with the light of truth, becoming the leading force in the great changes.
"The ocean of the world economy, whether you want it or not, is there and cannot be avoided. It is impossible to artificially cut off the flow of funds, technology, products, industries, and personnel in the economies of various countries, and let the ocean of the world economy retreat into isolated small lakes and rivers. It is also not in line with the trend of history." - When unilateralism and protectionism are clearly rising, economic globalization is frequently criticized, and China's voice deeply elucidates the laws of historical development.
"Creating a 'small circle' and a 'new cold war' internationally, excluding, threatening, and intimidating others, and constantly engaging in decoupling, supply cutting, and sanctions, artificially causing mutual isolation or even isolation, can only push the world towards division or even confrontation. A divided world cannot cope with the common challenges faced by humanity, and confrontation will lead humanity into a dead end. When the noise of 'decoupling' and 'chain breaking' sounds from time to time, the shadow of a beggar thy neighbor, zero sum game mentality remains, and China's plan clearly expresses its support for multilateralism.".
No matter what difficulties we encounter, we must adhere to the people-centered development concept, prioritize promoting development and ensuring people's livelihoods in global macro policies, implement the United Nations 2030 Agenda for Sustainable Development, promote the synergy and efficiency of existing development cooperation mechanisms, and promote global balanced development. When human development faces major challenges and international confidence continues to weaken, China's wisdom points the way for global development.
Filled with profound people's sentiments and demonstrating the great responsibility of a country with a broad mind, China has responded to the expectations of people from all over the world for peaceful development and win-win cooperation, demonstrating to the world that China has always been a steadfast practitioner and contributor to the cause of global peace and development.
Efim Ubi, a researcher at the Nigerian Institute of International Affairs, said that China has demonstrated to the world the important proposition of jointly building a better world with other countries and promoting the construction of a community with a shared future for mankind. Former Croatian Prime Minister Yadranka Kosor frankly stated that the Chinese plan points out the path of win-win cooperation and benefiting the world, and all parties feel the importance of international cooperation. Without cooperation, the world economy will face catastrophic consequences.
In 2007, the World Economic Forum held hands with China, and the Summer Davos Forum began to be held in China. Behind the global focus on the East is the historic rise of an economic powerhouse.
The world's second largest economy and largest goods trading country, with an average contribution rate of over 38% to world economic growth in the past 10 years, surpassing the total contribution rate of the Group of Seven countries... The international community is eager to understand the password behind China's economic miracle? What will China's economic development bring to the world?
To simplify the road, practical work is essential. China not only provides guidance for global development, but also insists on taking action to promote common development and prosperity of the world economy through practical actions.
The negative list of foreign investment access continues to shrink, Hainan Free Trade Port sets sail, and international events such as the Canton Fair, the China International Fair for Trade in Services, the China International Import Expo, and the China Consumer Expo are being held one after another. The high-quality implementation of the Regional Comprehensive Economic Partnership Agreement... A new pattern of comprehensive opening up with internal and external linkage and mutual aid between the East and the West is rapidly forming, and China has become a major trading partner of more than 140 countries and regions. China's new development is increasingly becoming a new opportunity for the world.
With the opening and operation of the China Laos Railway, the China Pakistan Economic Corridor has become increasingly prosperous, and the China Europe Express has reached more than 200 cities in 25 European countries... The high-quality joint construction of the "the Belt and Road" has attracted more than 3/4 of the countries and 32 international organizations in the world, formed more than 3000 investment projects, and boosted the investment scale of nearly trillion US dollars. This development belt that benefits the world and the path of happiness that benefits humanity demonstrate strong resilience and vitality, conveying confidence in development to the world.
Faced with the widening development gap, China has launched eight major actions and nine projects for cooperation with Africa, creating six cooperation platforms for Pacific island countries. Faced with the prominent development deficit, China has proposed a global development initiative, which comprehensively covers all 17 sustainable development goals of the United Nations 2030 Agenda in eight key areas. Faced with the rampant unilateralism, China firmly upholds multilateralism and free trade, gathers strength for recovery and unity, and opens up space for common development. More and more countries and international organizations recognize that China's development is an increase in the power of peace and progress.
The tide of the times is vast, and the wheels of history are rolling forward. In the new era, China will continue to uphold the principles of openness, inclusiveness, mutual benefit and win-win, continuously expand high-level opening-up to the outside world, and share the dividends of development with the world. Let's hope together that through the ideological feast of the World Economic Forum, the international community will further join hands, embrace economic globalization with a more open and inclusive attitude, contribute more positive energy to the strong, sustainable, balanced, and inclusive growth of the world economy, and jointly walk out a mutually beneficial and win-win path.
