China's unified national market brings new dynamics for global development - VIDEO

China's unified national market brings new dynamics for global development - VIDEO

Editor's note: The role of the Chinese economy has become increasingly important over the last few decades to the economic and social progress worldwide. To explain how China's national market brings new dynamics for global development, Yves Leterme, former prime minister of Belgium, shared his thoughts in an address to the Understanding China Conference hosted by the China Institute for Innovation and Development Strategy. The views expressed in the video are his own and not necessarily those of CGTN.

We are indeed currently living in the times of what is now called the polycrisis. Common to these crises is that they can only be countered, they can only be tackled and solved successfully through collective action, by joining forces. I strongly believe that economic and social progress, shared prosperity, more interconnected economies play a key role not only in improving the daily lives of people all over the globe, but that they can also decisively help to safeguard lasting peace.



My admiration goes to the opening of China re-engaging in the global economy, decided over 40 years ago, and of course, to the unprecedented economic and social progress that has been made since then, year after year, to the benefit of all Chinese citizens and to the benefit of the whole world. Amongst the key elements that led and still lead to this literally outstanding performance are the interpenetration and interconnection of the Chinese and other economies worldwide. This interpenetration and interconnection translated in increased foreign direct investment, in shared technological progress, more trade, mutualized access to export and import-markets, etc.

After opening up and re-entering history, China has over the last decades by means of its unprecedented successful economic and social development acted as the most important engine of worldwide economic growth and progress. Today, we witness however different events and actions that endanger the continuation of these beneficial dynamics.

We now indeed face a stagflation that does not seem ready to come to an end soon, at least not in most of the mature economies. Meanwhile, the measures needed to counter inflation unavoidably bring closer the risk for widespread recession which we all hope to be as short as possible.

In the midst of these trends, it is noteworthy that the 14th Five-Year Plan refers to a "dual circulation" development strategy where domestic consumption plays a leading role while international trade and investment remains its extension and supplement.

The concept of "dual circulation" translates in the policy goal of realizing the unification of the Chinese national market by tackling standardization and regulatory issues, local and provincial protectionism.

A successful realization of the united, unified national market will certainly contribute to the objective of bringing the GDP per capita at the level of moderately developed countries and expanding in a significant way the Chinese society's middle-income group. Creating a China-wide level playing field will allow Chinese companies even more competitive, including in the most advanced technologies and services. I am also convinced that the creation of the united national market in China brings new potential for global business-to-business trade, which is much less globalized than the consumer market.

Opening up, creating fair level playing fields, integrating markets, fair competition, promoting trade and exchanges are only possible with the underpinning of a strong rules-based multilateral system. And it is clear that the multilateralism as it was engineered at the end of World War II is now under pressure. It is indeed at the brink of a deep crisis at a moment when we so much need deepening the global cooperation.

And trust comes by foot and leaves by horse. And that trust is needed to make a successful review and strengthening of multilateralism possible. We have seen that in different regions of the globe, progress has been made recently in terms of integration and cooperation. It is important now, for the next months and years, to create the new momentum as a global community to take up the completion of the SDGs and to work at strengthening the global multilateral institutions. Only by doing so we can create real community with a shared future for mankind.

President Xi Jinping has in the recent past several times strongly expressed his willingness to contribute to strengthening again true multilateralism. Let us hope this can become reality and can open the way for a more balanced world, and make an efficient answer to the global challenges possible.
Found a bug dead link?

Select the problem fragment with the mouse and press CTRL+ENTER.
In the window that appears, describe the problem and send a notification to the resource Administration.

Add Comments (10)
    image
    12-Jan, 21:42 Eddiemar

    Своя электроэнергия по 1,5 руб кВт.ч.!

    Газопоршневая электростанция ГПУ – 200
    Мощность номинальная (кВт/кВА) ……………..200/250
    Расход газа на 1 кВт*час (м?)…………... 50 (0,25)
    Марка двигателя ………… WP6R12ZLQ
    Производитель генератора…. Supermaly (КНР)
    Цена 3 500 000 руб.
    energo200@internet.ru

    https://gaz-electrogenerator.ru/catalog/gazoporshnevaya-elektrostanciya-gpu-200

    Цитировать
    image
    15-Jan, 05:41 Iirinasmaph

    Hi! Have s3x in your city today. - http://tinyurl.com/mrxncvuf?smaph

    Цитировать
    image
    23-Jan, 06:30 DonaldMuh

    Прямо СЕЙЧАС есть в продаже СВЕЖАЙШАЯ база предприятий по ВСЕЙ России!

    Сбор базы был закончен буквально вчера. Состоит из 9-ти файлов Эксель по 999 999 строк в каждом (эксель больше 1 млн. строк не воспринимает). Общий объём данных - 8 049 958 компаний, общий вес файлов 1 Гб! Естественно в каждом файле рубрикатор и возможность сортировки по любому полю.

    Базу можно купить в канале https://t.me/basefree (бесплатные базы в этом канале тоже выкладываются. иногда.)

    Цитировать
    image
    25-Jan, 08:49 dLVontbNol

    Лучше несколько раз повторить, чем не делать совсем http://cy41275.tw1.ru/#hpFHPNfGJDe&utm_medium=oQ0RnqBZa8p 000*** eurasiaaz.com

    Цитировать
    image
    25-Jan, 10:03 UsnMuh

    ? Пока все бьются за увеличение доходов, мы помогаем предпринимателям ЭКОНОМИТЬ 50 ТЫСЯЧ С КАЖДОГО МИЛЛИОНА ВЫРУЧКИ, просто уменьшив расходы на налоги!

    !!! Перерегистрация вашего ИП в регион с льготным УСН 1% - это легальная возможность сэкономить дополнительные 5% от выручки.

    >Пример: Ваша выручка в месяц составляет 350тр в месяц - экономия составит 210тр в год. А при выручке 1млн.р в месяц - экономия составит 600тр в год!

    ! Закон действует уже три года, тысячи предпринимателей сохранили свои деньги, не стоит упускать такую возможность, пока государство ее нам предоставляет.

    > Подробности на компании "Голд Бизнес Консалтинг" УСН 1%:
    https://usn-1-procent.ru/?utm_source=rassylkaformy&utm_medium=saytov&utm_campai
    gn=0

    •Телефон где вас проконсультируют профессиональные юристы: +74951910560

    Цитировать
    image
    26-Jan, 18:08 Margaritarip

    Hello!
    I aроlogize for the оverly ѕpесifiс mеssаgе.
    My gіrlfriend аnd I lоvе each оther. Αnd wе аrе all great.
    Вut... wе nееd a man.
    Ԝе аrе 24 yeаrs оld, from Romanіa, wе аlso knоw engliѕh.
    Ԝe nеver get bоred! And nоt only in talk...
    My namе is Μаrgarіtа, my prоfіlе is here: http://ehonbulfuchar.tk/pgl-61217/

    Цитировать
    image
    03-Feb, 10:11 MiguelBor

    Доставка по всей России или самовывоз
    Нам 15 лет

    ПАКЕТЫ с лого от 50 шт. • СКОТЧ c ЛОГО от 30 шт. • ЕЖЕДНЕВНИКИ • ВИЗИТКИ • РУЧКИ • ЛИСТОВКИ • ПОДАРКИ с лого • НАКЛЕЙКИ • КАТАЛОГИ • СТАКАНЧИКИ с лого

    Пакет ПВД 40х50 см, белый, (плотный, нешуршащий - акция 70 мкм по цене 50 мкм),
    с прорубной укрепленной ручкой:

    Нанесение с 1 стороны в 1 цвет:

    50 шт. - 8 500 руб.
    100 шт. - 9 900 руб.
    200 шт. - 14 500 руб.
    300 шт. - 17 100 руб.
    500 шт. - 21 900 руб.
    1000 шт. - 35 100 руб.

    Размеры в наличии
    20х30см, 30х40см, 35х35см, 40х40см, 40х50см,
    45х45см, 50х60см, 60х50см, 70х60см

    Разные цвета полиэтилена

    Скотч с логотипом
    скотч 48мм ширина, 66м длина, 45мкм, белая основа,
    печать логотипа в 1 цвет
    30 рулонов - 16 500 руб.
    72 рулона - 17 900 руб.
    100 рулонов - 19 500 руб.

    8 (495) 508-67-70
    8 (926) 011-73-34
    8 (925) 508-67-70 (WhatsApp)
    www.5086770.ru
    https://promo.fabrika-sov.site
    info@5086770.ru
    fabrika-sov@yandex.ru

    Цитировать
    image
    06-Feb, 18:02 DrolMuh

    Добрый день.

    Я занимаюсь сбором баз предприятий.

    Причём многие базы я выкладываю в своём телеграмм-канале бесплатно.

    Например, сейчас в моём канале https://t.me/basefree выложена БЕСПЛАТНО база МЕДИЦИНА.

    В этой базе все медицинские центры, аптеки, мтоматология, мед. анализы, лаборатории и многое другое.

    Кроме этой базы, в канале вы найдёте очень много других баз предприятий.

    Присоединяйтесь! Также я делаю рассылки по емейлам и формам обратной связи сайтов.

    Цитировать
    image
    06-Feb, 19:58 Nataliadew

    Нelloǃ
    Реrhарs mу meѕѕаgе iѕ too ѕрeсіfic.
    But my оldеr sister fоund a wоnderful man herе аnd they havе a grеat rеlationshір, but whаt аbout me?
    Ι am 24 yeаrs old, Νаtalia, from thе Czеch Reрublіс, know Εnglish lаnguаgе alsо
    Αnd... bеtter tо sау іt іmmedіаtelу. I am biѕехual. I аm not ϳealоus of another woman... espесіаlly іf we make lоvе togethеr.
    Ah yeѕ, Ι cооk vеrу tasty! and Ι love not onlу cооk ;))
    Ιm rеаl gіrl аnd looking fоr ѕеrіоus and hot relatiоnshiр...
    Αnyway, yоu can fіnd mу prоfile here: http://feclickschifep.tk/itmz-82143/

    Цитировать
    image
    22-Feb, 09:37 WilliamAbush

    Коды активации ОФД и фискальные накопители для онлайн кассы по оптовым ценам!
    Отгружаем в течение 15 минут!
    https://ofd-mag.ru наш сайт
    https://wa.me/message/FZ26KUHMIS4HO1 наш вотсап
    https://t.me/ofdmag наш телеграмм
    +7 953 786-70-40 контактный телефон

    Цитировать
Add comments

  • winkwinkedsmileam
    belayfeelfellowlaughing
    lollovenorecourse
    requestsadtonguewassat
    cryingwhatbullyangry