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Economy

Summer Davos | Consolidate Global Joint Development and Cooperation Forces

2023-06-27   

The World Economic Forum once again meets offline with China. The 14th Annual Meeting of New Leaders of the World Economic Forum (also known as the "Summer Davos Forum") was held in Tianjin from June 27th to 29th. The theme of this annual conference is "Entrepreneurship: Driving Forces of the World Economy", with over 1500 representatives from over 90 countries and regions attending. From the Winter Davos Forum to the Summer Davos Forum, from the Swiss mountain towns to the coastal cities of China, the World Economic Forum has always been an international platform that connects the East and the West, with a surge of wisdom. It is also an important bridge for China to communicate with the world and the world to perceive China. The wisdom, voice, and plan of China are disseminated to the world through the World Economic Forum, injecting strong forces into promoting common development of the world economy. (1) Under numerous challenges, the global economic recovery is weak and shrouded in the shadow of recession. Currently, deep-seated and structural contradictions seriously constrain the development of the world economy. The driving force of traditional driving mechanisms and growth engines driving economic development is constantly weakening, and although new technologies such as artificial intelligence are constantly emerging, new economic growth points are still difficult to support sustained and stable growth of the world economy. In the past few decades, the international economic power balance has undergone profound evolution, but global economic governance has lagged behind, making it difficult to adapt to new changes in the world economy, the representativeness and inclusiveness of the global economic governance system are insufficient, and many problems such as frequent turbulence in the international financial market cannot be effectively resolved. The North South divide between developed and developing countries, as well as the wealth gap between capital and labor, face the risk of widening or even solidifying. The occurrence of the COVID-19 and irresponsible financial policies of individual countries have led to the differentiation of economic recovery performance of various countries and the imbalance of global development. In addition, Unilateralism, protectionism and hegemonism are rampant. Some countries have deep-rooted cold war mentality and are determined to seek world hegemony. They are engaged in a zero sum game in which you lose and we win. They are creating exclusive "small circles" and "small groups". The international community is facing increasingly fierce opposition. The geopolitical situation continues to be turbulent, which seriously damages the global economic and trade order. The era's proposition of "where the world is going" urgently requires answers. Is it Unilateralism or deepening cooperation? Is it collusive development or a zero sum game? Is it splitting and opposing or open and win-win? The game and competition between the two orientations have a profound impact on the future of humanity and also test the international community. (2) Over the years, from a global and global perspective, from a philosophical and historical perspective, China has explained China's economic globalization proposition and the concept of building a Community of Common Destiny, profoundly answered the questions of the times, observed the changes of the times, perceived the needs of the times, and led the way of the times. Deep thoughts shine with the light of truth, becoming the leading force in the great changes. The ocean of the world economy, whether you want it or not, is there and cannot be avoided. It is impossible to artificially cut off the flow of funds, technology

Edit:Hou Wenzhe Responsible editor:WeiZe

Source:economic daily

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