www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / 2017 Boao Forum for Asia

Boao forum to rally support for globalization

Xinhua | Updated: 2017-03-24 08:13

BOAO - The ongoing Boao Forum for Asia (BFA) is tackling an issue of widespread concern.

Globalization must not be reversed, Zhou Wenzhong, BFA's secretary general, told Xinhua, adding that the forum will strengthen the case for more inclusive globalization.

The four-day conference, under the theme of "Globalization and Free Trade: The Asian Perspectives," runs until March 26 in Boao in China's southernmost province of Hainan.

"The forum will focus on how developed and developing economies should cope with globalization," he said.

No more losers

Globalization, an inevitable outcome of rising productivity and technological advances, has driven the world economy and poverty alleviation over past decades, Zhou said.

It has also accentuated the imbalance between growth and distribution, capital and labor, and efficiency and fairness, he added.

Protectionism is gaining ground. In 2016, Chinese exporters suffered a record number of 119 trade remedy investigations initiated by 27 countries or regions, 32 more than in 2015.

The root cause lies not in globalization itself but in an anachronistic global governance system, Zhou said, adding that anti-globalization will only aggravate global economic woes.

How a country accommodates people and industries which are on the losing end of globalization decides its integration with others, said Yao Zhizhong, deputy director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences.

Generally speaking, globalization is beneficial to emerging economies, and its progress hinges on the management of negative effects, he said.

A?lesson of history

As anti-globalization rears its head, East Asia is suffering setbacks in economic integration, according to the BFA annual report.

Asian economies' interdependence in trade and investment has decreased, with a likely retreat in integration of the manufacturing network and financing, according to Lin Guijun, vice president of the University of International Business and Economics.

The biggest hurdle is the lack of a sense of community, Lin said.

The financial crisis that wreaked havoc in Asia's economy two decades ago should serve as a grave reminder that the regional community must unite together when facing a crisis, Zhou said.

More regional cooperation and integration will help Asian countries achieve their development goals, he said, calling BFA a platform for deliberation on Asia's path of integration.

Asia, with its vitality and vision, will inject momentum into the globalization drive, he added, citing a prediction by the International Monetary Fund that Asia will account for two thirds of world economic growth within the next four years.

Embrace globalization, chinese way

At the end of 2016, the BFA held a conference in Melbourne, Australia to explore the future of globalization. Participants agreed that globalization should be more inclusive to benefit groups marginalized in this process.

"The Belt and Road Initiative, in a sense, is China's answer to such globalization," Zhou said. The initiative was proposed by China in the hope of creating a trade and infrastructure network connecting Asia with Europe and Africa along ancient trade routes. Participants in the initiative will merge in a community of shared destiny, he added.

The initiative has won support from over 100 countries and international organizations, with nearly 50 cooperation agreements signed.

It has added a new dimension to the solution of integration by stressing infrastructure and connectivity on the basis of free trade and investment, Lin said.

The value of infrastructure projects rose 47 percent in 66 countries and regions that fall under the initiative in 2016, according to accounting firm PwC.

The scheme has promoted economic and trade cooperation and has offered a new way to tackle the anti-globalization trend, according to BFA's annual report on the development of emerging economies.

The initiative will continue to be a key topic of the BFA, between state leaders and senior government officials, as well as between CEOs and ministers from China and other countries along the route.

 

 

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 成人欧美一区二区三区黑人免费 | 国产欧美另类久久久精品免费 | 国产欧美久久久精品 | 国产一级在线现免费观看 | 成人首页| 欧美有码在线观看 | 毛片a区| 国产成年人在线观看 | 久久亚洲精品tv | 欧美日韩一区二区中文字幕视频 | 中文 日本 免费 高清 | 欧美色v | 特级a做爰全过程片 | 又黄又骚 | 亚洲在线免费免费观看视频 | 久久99精品久久久久久秒播放器 | 国产高清第一页 | 国产一级毛片在线 | 最刺激黄a大片免费观看 | 久久综合久久精品 | 日本亚洲成高清一区二区三区 | 亚洲成av人片在线观看无码 | 亚洲成a人v大片在线观看 | 成人片网址 | 国产三级日本三级日产三级66 | 久久91精品牛牛 | 印度最猛性ⅹxxxxx | 国产亚洲一区二区三区 | 亚洲视频男人的天堂 | 国产在线观看免费人成小说 | 最新怡红院全部视频在线 | 久草在线视频免费资源观看 | 欧美一级片免费在线观看 | 久久综合狠狠综合久久综合88 | 手机看片av | 欧美日韩国产一区二区三区在线观看 | 国产精品久久国产精品99 | 国产精品国产三级国产an不卡 | 99免费精品视频 | 免费国产视频在线观看 | 精品国产三级a∨在线 |