Without China's participation, there would be no globalization today -- an interview with Xu Qingqi, President of the new Asian Strategic Research Center in Malaysia

2022-08-19

"Without China's active participation in the world economic system, there would be no globalization today." Xu Qingqi, chairman of the new Asian Strategic Research Center in Malaysia, said in a written interview with Xinhua News Agency reporters a few days ago. Xu Qingqi believes that the economies of all countries are interdependent, and economic globalization has generally promoted the accelerated development of all countries, and the trend is irreversible. Openness, inclusiveness and win-win cooperation remain the path to development. Regarding China's role in economic globalization, Xu Qingqi said that in the past 10 years, the contribution rate of China's economy to world economic growth has remained at about 30%. China is the world's largest trading country in goods and a major trading partner of more than 120 countries and regions. Whether it is supply or consumption demand, countries and China are increasingly inseparable. Xu Qingqi said that China supports multilateralism and emphasizes open, inclusive and win-win cooperation through regional economic cooperation and integration platforms such as the China ASEAN Free Trade Area and the regional comprehensive economic partnership agreement (RCEP), making contributions to economic globalization. As for the remarks of some western people that "foreign capital may flow out of China" and "decouple from China", Xu Qingqi believes that despite the influence of geopolitics and the epidemic, there is no obvious sign of foreign capital flowing out of China, "let alone" decouple from China ". "As the 'world factory', China plays a pivotal role in the global industrial chain. Over the years, China has built a complete and efficient manufacturing ecosystem with its massive engineering and technical personnel, well-trained labor force, good infrastructure and effective government governance. This is not replicable." Xu Qingqi said. Xu Qingqi noted that Greenberg, former chairman of the board of directors of the US China trade National Committee, previously said that it was impossible to "decouple from China" and urged us companies to redouble their efforts to enter the Chinese market. "Decoupling from China is just an unrealistic idea of the Anti China faction in the United States to serve the domestic political agenda." Xu Qingqi said. (news agency)

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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