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China’s experience in dealing with globalization recommendable
Today’s economic globalization is driven more by the internet than technology and it’s materialized increasingly by small and medium enterprises than multinational companies and more about the extension of value chain than the relocation of industries, Long Yongtu, former deputy minister of commerce and former Secretary-General of Boao Forum for Asia, concluded at the 3rd China and Globalization Roundtable Forum in Beijing host by a leading think tank, the Center for China and Globalization(CCG) . The following is an excerpt from his speech:
April 24 , 2017 -
Wang Huiyao: Bretton Woods 2.0? Rebuilding Global Governance for the Post-pandemic Era
“In the first half of the twentieth century, in the absence of effective global governance mechanisms, unchecked forces of fragmentation, economic hardship, and polarization led to two devastating world wars. To prevent this from happening again, after the Second World War, countries from around the world came together at Bretton Woods and other landmark conferences to build a new system of global governance that would promote international cooperation, stability, and peace and prosperity. Today, like after the Second World War, the world faces major challenges, not only in the short term to recover from the pandemic but also in the long term to overcome global threats like climate change, which no country can solve alone. As we emerge from COVID-19, there is a unique opportunity for a long-overdue "Bretton Woods 2.0" moment to rethink global governance and forge multilateral institutions that better reflect the realities of the post-pandemic world. China can, and should, help lead by supporting the update and strengthening of existing institutions. For example, the Asia Infrastructure Investment Bank should be transformed into the Global Infrastructure Investment Bank. Overall, China should be drawing on its knowledge as the longest continuous civilization in the world and using these strengths to propose its own solutions to pressing global issues.”
April 28 , 2022 -
Zhu Guangyao: Re-energizing the G20 to Thwart a Global Systemic Crisis
Maintaining political order and governance on a global level should be centered on the United Nations, follow the principles in the UN charter and be supported by the IMF, World Bank and WTO. The role of China could potentially be key in global recovery as mankind conquers COVID-19.
April 27 , 2022 -
Kerry Brown: Forging a Partnership Between the China and the World in an Era of Division: Finding Common Ground in Climate Change and Health
The stark reality is that a solution to this issue will not happen without partners like China, and it is likely that China will be a huge part of whatever ultimate solution must be found.
April 07 , 2022
