Nothing can stop the trend of economic globalization
People’s Daily
Chinese President Xi Jinping’s speech at the opening ceremony of the
second China International Import Expo (CIIE) charted the way forward for
global economic development and conveyed powerful positive energy of openness
and cooperation for common development of the international community.
In his speech, Xi accurately grasped the historical trend, took
the pulse of world economy, and put forward important proposals.
“Economic globalization represents the trend of history. Like the
world’s great rivers, the Yangtze, the Nile, the Amazon and the Danube — they
all surge forward in relentless flow, and nothing can stop their mighty
movement, not the current of undertows or hidden shoals or rocks beneath the
water,” said Xi.
Economic globalization is an overarching historical trend, something
that is independent of people’s will.
“What we mankind can do is to understand, adapt to, and apply the law
of history instead of trying to prevent it from happening,” President Xi said
at the opening ceremony of the first CIIE.
The trend toward openness and integration among countries is
unstoppable despite ups and downs in the global economy. The ever growing and expanding industrial chain,
value chain and supply chain have boosted the flow of production factors across
the world and contributed to the economic development of all countries and
regions.
Greater coordination and complementarity among countries meet the need
of productivity growth. In this process, countries are increasingly becoming a
community with shared interests, shared responsibilities and a shared future.
In today’s world, the
well-being of people in all countries is more closely intertwined and the interests of
all countries are more deeply integrated than ever before, while peace, development,
cooperation and mutual benefit remain the irreversible trend of the times.
The world is undergoing profound changes unseen in a century. Changes
create opportunities, but more often than not, they are accompanied by risks
and challenges. Mankind has once again reached a crossroads. Which direction
should we choose? Cooperation or confrontation? Openness or
closing one’s door? Win-win progress or a zero-sum game?
The interests of all countries and indeed, the future
of mankind hinge on the choice we make, President Xi
said at the 2018 Asia-Pacific Economic Cooperation (APEC) CEO Summit.
It should be noted that many of the problems troubling the world are
not caused by economic globalization. Just blaming economic
globalization for the world’s problems is inconsistent with reality,
and it will not help solve the problems.
As President Xi stressed in his speech at the second CIIE, “Of
the problems confronting the world economy, none can be resolved by a single
country alone.”
“Going forward, win-win cooperation is the only
choice for us,” he pointed out at the 2018 APEC CEO Summit,
adding that this is dictated by the law of economics, and it is in keeping with
the development of human history.
In his speech at the second CIIE, Xi suggested countries all put the
common good of humanity first rather than place one’s own interest above the
common interest of all, saying that countries must have a more open mindset and
take more open steps, and work together to make the pie of the global market
even bigger.
Countries need to strengthen the mechanisms for sharing benefits
globally, and explore new ways of international cooperation, said Xi, noting
that the goal is to give more impetus to economic globalization and remove
impediments as much as we could.
China has not only benefited from economic globalization but also
contributed to it. The country has made remarkable achievements over the past
70 years since the founding of the People’s Republic of China, especially since
reform
and opening up policy was officially
implemented in the country more than 40 years ago.
“From the course of China’s development, we realize that China will do
well only when the world does well, and vice versa,” President Xi said at the
banquet he hosted to welcome distinguished guests who came to attend the second
CIIE.
The fast developing China has brought huge opportunities to countries
in the world and become a key anchor and driver for the world economy.
The CIIE is
designed to respond to the aspirations of people from various countries to live
a better life. By holding the
CIIE and proactively expanding imports, China is taking the initiative to
pursue a new round of
high-level opening-up, deepen international cooperation in advancing One Belt
and One Road Initiative and jointly foster an open global economy.
Following the historical trend, China will stick to the path of
peaceful development and a win-win strategy of opening-up,
continuing adding impetus to the development of an open world economy.
Together with the rest of the world, China will strive to make economic
globalization more open, inclusive, balanced, and beneficial for all.
As long as various countries around the world can understand profoundly
the overriding trend toward multi-polarity and constantly contribute to the
building of an open global economy and a community with a shared future for
mankind, they can, surely create a more prosperous and beautiful world.
Workers at the Vanuatu Pavilion display local specialties at the second
CIIE. (People’s Daily/Chen Shangwen)
Nothing can stop the trend of economic globalization
Reviewed by PEOPLES MAIL
on
09:06
Rating:
No comments: