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Strengthen Multilateral Cooperation To Make The Trade Pie Bigger

news-1920-883Strengthen communication and exchanges, stimulate investment momentum, deepen pragmatic cooperation, and jointly meet challenges... The 2023 Global Trade and Investment Promotion Summit issued a strong message of cooperation and win-win, calling on the international community to work together to expand the trade cake through multilateral cooperation and promote international trade and investment. development and inject strong impetus into the recovery of the world economy.

At present, the international situation is complex and changeable. In order to safeguard their own interests and hegemonic status, a few countries regained their unilateralist thinking and set up trade barriers, casting a shadow on the world economy and international trade, which were already facing severe challenges. Global problems require global solutions. As the participants said, jointly building an open world economy and strengthening multilateral cooperation is an inevitable choice to promote the prosperity and stability of all countries in the world.

In recent decades, with the continuous advancement of economic globalization, large-scale transnational flows of capital, technology, personnel and management experience have been realized, the efficiency of resource allocation has been greatly improved, and the global supply chain has been continuously improved. Although economic globalization has faced "headwinds" in recent years, advocating open cooperation and replacing monopoly with win-win results is still an important concept in contemporary economic and social development.

As the world's second largest economy, China has always been a firm supporter and practitioner of the multilateral trading system. It has achieved many practical cooperation results in promoting multilateral and regional cooperation, and played an important role in promoting the development of global trade and the recovery of the world economy. effect. Since the beginning of this year, the Boao Forum for Asia Annual Conference 2023 and the China-Central Asia Summit held by China have conveyed to the world the confidence in multilateral cooperation; China has actively participated in and promoted the "Regional Comprehensive Economic Partnership Agreement (RCEP), " The Belt and Road Initiative, etc. have yielded fruitful results in promoting regional and multilateral cooperation; the Consumer Expo and Canton Fair held by China have achieved success again and again, sharing development opportunities with the world.

The delegates said that China's good performance in trade will promote the economic and trade development of other countries and regions, especially developing economies. The annual "Global Trade Data and Prospects" report released by the WTO also mentioned that China is the "key factor" for raising the forecast for the growth of global trade in goods in 2023.

"Only by global cooperation, turning crises into opportunities, acting together, and creating a win-win situation, can a new economic recovery be achieved." "Any step towards decoupling will bring additional burdens to the development of the world economy." "Trust is the foundation of international cooperation." The foundation of all fruitful relations in China.” As the representatives at the meeting called for, building an open world economy and replacing unilateralism with multilateral cooperation is an inevitable necessity to conform to the trend of world development, promote international trade and world economic development, and achieve prosperity and stability in all countries. choose.news-1920-462

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