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

    Xi and his better version of globalization

    Xinhua | Updated: 2017-01-18 16:17
    Share
    Share - WeChat

    BEIJING - In recent years, globalization seems to have lost its charm and steam, and most depressively, the direction to go forward.

    To gather even tighter or to fall apart, the world community is confronting a critical choice that matters so much for so many.

    At the annual World Economic Forum (WEF) in the Swiss ski resort of Davos, Chinese President Xi Jinping shared his line of thoughts about how the world should jointly reset globalization for the better.

    In his speech at WEF, one of the most-watched signposts for global economic outlook, Xi tried to gather greater consensus for building a community of common destiny for humankind.

    The notion of building such a community was first put forward in 2012. Over the past four years, the Chinese president has traveled around the world to share his thoughts with other world leaders on why this idea could be a more promising approach to revitalize globalization.

    According to many of his previous elaborations, this grand experiment needs to be based on openness and inclusiveness.

    While stressing the importance of delivering the benefits of economic globalization to all, Xi, in his speech, also pledged China's development will continue to offer opportunities to business communities in other countries.

    In the coming five years, China is expected to import $8 trillion of goods, and make $750 billion of outbound investment, said the president, adding that Chinese tourists will make 700 million overseas visits.

    Hailing Xi's keynote speech as a highlight in the WEF history, WEF founder and Executive Chairman Klaus Schwab said Xi's "thought-provoking" speech will chart the course of global economy and that the WEF is willing to further strengthen its partnership with China.

    Xi rose to the top of China's leadership after working many years as local officials in some of China's pretty impoverished places in the last century.

    He has witnessed how the reform and opening-up policy has reshaped his once-closed country's economy and helped elevate it into the world's second largest one. He understands well that for the world nations, including China, to develop and prosper, they should always treat each other as equals and choose to embrace one another, not the other way around.

    More importantly, a major source of the current widespread hostilities against globalization is that it largely favors the privileged few in some of the Western powers.

    The most vivid proof of that is the outbreak of the 2008 global financial crisis which was sparked by the greed of Wall Street elites and ended up with the commoners feeling most of the pain both inside and beyond the United States.

    That's why a new and fairer globalization should highlight inclusiveness as a key magnetic force that can make sure no one should be left behind.

    To materialize such a grand experiment, Beijing has put forward the Belt and Road Initiative that seeks to improve infrastructure in countries joining the program and strengthen their industrial capacity so that they can have the fundamentals to grow their economies.

    China is also trying to mend a broken global governance system by championing the establishment of the Asia Infrastructure Investment Bank so that funding gaps left by the post-war institutional arrangements, including the International Monetary Fund and the World Bank, can be covered.

    Over the centuries, through trade transactions and human exchanges, most parts of the world have already become more or less interconnected. Reversing the process at this moment of feeble global economic growth would be shortsighted and disastrous.

    As finding the right path to globalization is the only rational option, the roadmap Xi has offered could be the wave of the future.

    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
     
    无码人妻精品一区二区三区99性 | 中文字幕日本精品一区二区三区| 无码人妻一区二区三区在线 | 亚洲中文字幕无码中文字在线| 日韩免费无码视频一区二区三区 | 日韩免费在线中文字幕| 国产精品无码久久久久久| 国产又爽又黄无码无遮挡在线观看| 五月天中文字幕mv在线| 国产亚洲美日韩AV中文字幕无码成人 | 一本加勒比hezyo无码专区| 日本aⅴ精品中文字幕| 免费a级毛片无码免费视频120软件| 亚洲AV无码一区二区三区DV| 再看日本中文字幕在线观看 | 久久精品中文无码资源站| 成人无码小视频在线观看| 无码精品黑人一区二区三区| 久久人妻无码中文字幕| 中文字幕无码毛片免费看| 在线免费中文字幕| 人妻少妇久久中文字幕一区二区 | 亚洲国产精品无码久久九九 | 88久久精品无码一区二区毛片| 无码专区狠狠躁躁天天躁| 一本无码中文字幕在线观| 亚洲精品午夜无码专区| 国产成人A亚洲精V品无码 | 亚洲AV无码乱码在线观看富二代| 日本中文字幕高清| 中文字幕精品无码久久久久久3D日动漫| 中文字幕乱码无码人妻系列蜜桃 | 中文字幕视频免费| 最近2019中文字幕电影1| 日韩亚洲欧美中文高清| 中文字幕在线最新在线不卡| 大地资源中文在线观看免费版| 伊人久久无码精品中文字幕| 天堂在线资源中文在线8| 无码人妻精品中文字幕免费| 香蕉伊蕉伊中文视频在线|