Think Tank

Adhere to the direction of inclusive and inclusive economic globalization

2024-03-27   

The Central Conference on Foreign Affairs proposed advocating for "inclusive and inclusive economic globalization". 1. Promoting economic globalization to be more open and open is the only way for human civilization progress and world prosperity and development. The history of world economic development has proven that openness brings progress, while closure inevitably leads to backwardness. In today's era, with the deepening of economic globalization, the interests and destinies of countries around the world are more closely linked. Any idea of returning to an isolated state or reversing history will cause irreparable harm to oneself and the world economy. It is necessary to promote the globalization of the economy towards a more open direction. Deeply understand the importance of trade and investment liberalization and facilitation for economic development, and jointly safeguard the multilateral trading system. Building an open world economy, promoting the free and convenient flow of production factors on a global scale, and unleashing the potential for global economic and trade cooperation. Countries should gather more open consensus, adhere to high-level openness in all aspects of concepts, policies, and systems, practice true multilateralism, promote bilateral, regional, and multilateral cooperation, adhere to using openness to alleviate development difficulties, use openness to promote cooperation, use openness to gather innovation, and use openness to seek benefits for sharing, so that the fruits of economic globalization can better benefit every country. Persist in gaining opportunities and benefits from economic globalization through openness, and respond to the challenges brought by economic globalization. With the profound adjustment of the process of economic globalization, the complexity of global issues and challenges continues to increase, making it difficult to achieve effective governance solely by a single country. We should fully consider the specific history and current situation of each country, ensure that all countries can participate in sharing the opportunities brought by economic globalization, oppose closed and exclusive competition under various pretexts, and not allow a few countries to control rules and standards under the guise of "openness", and engage in camp oriented and exclusive small circles targeting specific countries. We must balance the relationship between openness, security, and development, take risk prevention measures for economic globalization, build security guarantees in expanding openness, seek high-level development, and enhance our ability to participate in and lead economic globalization. Actively participate in the reform and construction of the global governance system. Developed countries have the dominant voice, rulemaking power, and agenda setting power in the current global economic governance mechanism. However, the fairness and transparency of multilateral mechanisms are insufficient, resulting in many developing countries being excluded from multilateral negotiations. This situation greatly undermines the enthusiasm and initiative of more countries to participate in global governance, which is not conducive to achieving global governance cooperation. To promote more openness in economic globalization, it is necessary to actively promote the transformation of the global governance system, enhance the voting rights, representation rights, and representation of developing countries in multilateral mechanisms such as the United Nations and the World Trade Organization, and enhance their representation

Edit:GuoGuo Responsible editor:FangZhiYou

Source:gmw.cn

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