World economic forum video conference: gather wisdom and gather strength to meet challenges

2022-01-23

The five-day 2022 World Economic Forum video conference ended at sunset. Affected by the epidemic, this forum was held online, and representatives of the global political and business circles met in the cloud to explore new drivers of economic growth, new models of social life and new paths of personnel exchanges under the epidemic, so as to promote the steady and practical process of world economic recovery. *** Dongfeng warming contributes to China's strength How can we overcome this epidemic and build a post epidemic world? *** Defuse all kinds of risks and promote the stable recovery of the world economy; Bridging the development gap and revitalizing the cause of global development; Abandon the Cold War mentality and achieve peaceful coexistence, mutual benefit and win-win results. *** *** Lu Yaoqun, director of the Institute of governance and sustainable development of the Business School of the National University of Singapore, said that in this unprecedented epidemic, global solidarity is crucial. China China has one belt, one road and other international cooperation initiatives, which play a key role in promoting the development of emerging economies and developing countries. All countries should unite to promote each other's economic development. In the just past year 2021, China's economic report card is remarkable, with GDP growing by 8.1% over the previous year and an average growth of 5.1% in the two years, ranking among the top among the world's major economies. This year, China's total economy is expected to account for more than 18% of the global economy and contribute about 25% to world economic growth. In the process of anti epidemic cooperation and promoting economic recovery, China's participation is indispensable and has become an important engine leading the world economic recovery. The stability of China's economic growth, the benefits of opening up and the wisdom of development have contributed wisdom and strength to jointly create a better world in the post epidemic era, which has been highly endorsed by the political, business and academic circles of various countries. Michael Schumann, chairman of the German Federal Association for economic development and foreign trade, said that China's economic growth in 2021 was considerable. This growth is especially commendable in the fight against COVID-19 and its economic impact, and it can inspire western countries to set an example for China and strengthen their efforts to restore their economy. Risk superposition crisis is imminent On the opening day of the Forum on the 17th, the World Health Organization announced that the cumulative number of new coronal confirmed cases in the world has exceeded 320 million, and the number of new coronal confirmed cases in many countries has reached a new high. The world bank's latest global economic outlook report pointed out that the global economic recovery momentum slowed significantly this year and next due to factors such as the epidemic, inflation, debt and income imbalance. The epidemic is raging, the global economic recovery is unbalanced, the climate action is weak, and the social gap is widening... The epidemic of the century is superimposed on the changes of the times. The world has entered a new period of turbulence and change, and mankind is facing unprecedented challenges. The global risk report 2022 released by the world economic forum points out that more than 84% of respondents are worried about the world outlook. UN Secretary General Guterres pointed out in a speech delivered to the 2022 World Economic Forum video conference 17, that the global economy is heading for a slow recovery from stagnation. But the continued spread of COVID-19 and the battered labor market and other factors have made the global economic recovery still fragile. Georgieva, President of the International Monetary Fund, believes that the repeated outbreaks, high inflation and record global debt levels in many countries mean that the road of global economic recovery in 2022 is full of ups and downs and "economic growth is losing momentum". Peter Jige, chief risk officer of Zurich Insurance Group, pointed out that the climate crisis is still the biggest long-term threat facing mankind. If we fail to take action on climate change, the global GDP may shrink by one sixth. Schwab said: "everyone hopes that COVID-19 and the resulting crisis can gradually begin to subside in 2022. However, severe global challenges such as climate change, reconstruction of trust and social cohesion are waiting for us to deal with." Concerted action is urgent Since the outbreak of COVID-19, it has claimed the lives of about 5500000 people worldwide, disrupting the production and life of the whole world, and intensifying the differences in politics, economy and intergenerational relations. People from all parties participating in the forum said that the world needs unity more than ever before and called for firmly grasping the two keys of "equality" and "cooperation" to extricate themselves from difficulties and actively respond to the epidemic, economic recovery and other global challenges. Sadia zahidi, executive director of the world economic forum, pointed out before the meeting that global cooperation in the fields of public health and economic development is crucial to achieving a more balanced and rapid global recovery. Global leaders must make concerted efforts and carry out multi-party cooperation to jointly address sustained global challenges. Speaking at the world economic forum on the 18th, Michael Ryan, executive director of the WHO health emergency project, said that at present, more than half of the world's population has been vaccinated with two doses of vaccine, but the vaccination rate data of the region provided by the WHO Africa office is only 7%. "The equal use of these vaccines is not only an important humanitarian goal for fairness, but also the best way for all of us to get out of the COVID-19 pandemic." David lute, chief economist of efesiente group in South Africa, said that at present, all countries need to work together to open their economies and ensure that the global economy recovers as soon as possible, which will benefit all countries, including South Africa. During the forum, representatives of all parties also discussed a number of issues such as supply chain bottlenecks and energy transformation, urging them to turn consensus into action and vision into reality as soon as possible. (Xinhua News Agency)

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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