Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / World Economic Forum

    Xi to explain economic priorities in Davos

    By Wang Yiwei | China Daily | Updated: 2017-01-17 07:04
    Share
    Share - WeChat

    Chinese President Xi Jinping and his wife Peng Liyuan enjoy tea and conversation with Swiss President Doris Leuthard and her husband Roland Hausin in a special train on their way to Bern, capital of Switzerland, Jan 15, 2017. [Photo/Xinhua]

    During his visit to Switzerland from Sunday to Wednesday, President Xi Jinping will attend the World Economic Forum annual meeting in Davos and deliver a speech at the United Nations main office in Geneva. The Davos meeting, usually attended by China's premier and vice-president, will witness for the first time a keynote address by China's head of state. Xi is expected to explicitly explain his views on the global economic landscape and China's solutions to global problems at the gathering.

    Xi's trip, the first state visit by a Chinese leader this year, comes at a time of uncertainties amid rising anti-globalization, protectionism, isolationism and populism even in economies such as the United States and the European Union that have for decades advocated free trade. The election of Donald Trump as US president and the rise of anti-establishment forces in Germany and France, the EU's heartland, do not bode well for the already wobbly global economic growth.

    In sharp contrast to the gloomy prospects of the world economy and international relations, Beijing remains committed to globalization. And Xi's presence at the Davos meeting is a reflection of China's determination to press ahead with the multilateral economic system. His presence at Davos also highlights the fact that China is willing and has the capability to set globalization on a more synergistic, inclusive course.

    In May, China will hold a high-level international cooperation forum on the Belt and Road Initiative that focuses on global recovery, re-balancing, renovation and reconnection in response to rising concerns over global governance. Proposed in 2013 and unlike traditional globalization backed by tariff reduction, the Belt and Road Initiative (the Silk Road Economic Belt and 21st Century Maritime Silk Road) is aimed at improving connectivity between regions and boosting global growth, through infrastructure construction among other things.

    The Belt and Road Initiative, which focuses on Eurasian infrastructure and better land and sea connectivity, is expected to elevate 3 billion more people to the middle class by 2050 and help increase global trade by $2.5 trillion in the next decade.

    The initiative has good reasons to achieve its targets, because every $1 increase in infrastructure investment in developing economies can raise their imports by $0.7, half of which comes from developed countries, as Justin Yifu Lin, former vice-president of World Bank, has said. In other words, the West, too, can benefit from the increase in exports as the Belt and Belt Initiative stimulates global infrastructure investment.

    Xi's visit to Switzerland will also witness the signing of a memorandum of understanding on the Belt and Road Initiative between China and the World Health Organization in Geneva, giving fresh impetus to the Beijing-proposed project. Cooperative deals with similar focus have been signed between China and the UN, boosting the international support for the initiative's security and long-term development.

    For example, the UN resolution on Afghanistan passed two months ago specifically extended the world body's support for the Belt and Road Initiative, and encouraged all member states to take part in it to restore the war-torn country's economy.

    That the Belt and Road Initiative is gaining wider support reflects Xi's foresight that it will promote deeper and more balanced regional cooperation, and allow more people, especially in the South, to enjoy the dividends of economic growth. With China remaining a trustworthy engine of global growth, the countries along the initiative's routes can expect better benefits from China's renewed endorsement of globalization.

    The author is a professor at Renmin University of China and a senior research fellow at the Center for China and Globalization in Beijing.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    国产综合无码一区二区三区| 日韩区欧美区中文字幕| 精品亚洲成在人线AV无码| 毛片无码免费无码播放| 最近中文字幕在线| 国产精品99无码一区二区 | 亚洲 无码 在线 专区| 中文字幕无码日韩专区免费| 亚洲中文字幕在线第六区| 人妻无码αv中文字幕久久| 亚洲伊人久久综合中文成人网 | 最近免费中文字幕MV在线视频3| 亚洲人成人无码网www电影首页| 日韩AV无码中文无码不卡电影| 国产精品va无码一区二区| 免费无码一区二区三区蜜桃 | 免费精品久久久久久中文字幕| 久久久久无码专区亚洲av| 亚洲Aⅴ无码专区在线观看q| 无码人妻精品中文字幕免费东京热 | 国产又爽又黄无码无遮挡在线观看| 日本无码色情三级播放| 精品久久久久久中文字幕| 亚洲AV永久无码精品一区二区国产| 久久久久久无码Av成人影院 | 伊人久久综合无码成人网| 日韩人妻无码精品无码中文字幕 | 曰韩中文字幕在线中文字幕三级有码| 亚洲Av无码专区国产乱码不卡| 日韩AV无码中文无码不卡电影| 亚洲一区AV无码少妇电影☆| 亚洲日韩精品一区二区三区无码 | 中文字幕色AV一区二区三区| 国产99久久九九精品无码| 国产成人亚洲综合无码精品| 久久久久亚洲Av无码专| 人妻丝袜中文无码av影音先锋专区| 亚洲av无码乱码国产精品| 亚洲av无码乱码国产精品fc2| 色综合AV综合无码综合网站| 久久亚洲AV成人无码电影|