Home » World Economic Forum Video Conference: Gathering Intelligence and Strength to Challenge Hong Kong and US Stocks Information |

World Economic Forum Video Conference: Gathering Intelligence and Strength to Challenge Hong Kong and US Stocks Information |

by admin

Original title: World Economic Forum Video Conference: Bringing together wisdom and strength to meet challenges

Xinhua News Agency, Geneva, January 21 (International Watch) World Economic Forum video conference: Gathering wisdom and strength to meet challenges together

Xinhua News Agency reporter Kang Yi Fu Yiming Chen Binjie

The 5-day 2022 World Economic Forum Video Conference 21 has come to an end. Affected by the epidemic, this forum was held online. Representatives from the global political, business and academic circles met in the cloud to explore new drivers of economic growth, new models of social life, and new paths for personnel exchanges under the epidemic, so as to promote the steady progress of the world economic recovery process. The collision of ideas sparks.

Chinese President Xi Jinping attended this video conference in Beijing on the 17th and delivered a speech titled “Strengthening Confidence and Forging Forward to Create a Better World in the Post-epidemic Era”, expounding on how to jointly create a better world in the post-epidemic era. It has injected strong impetus into the cause of global development, and has been highly recognized and responded positively by the international community.

(Subtitle) Dongfeng Heating Contributes to China

How can we overcome this epidemic and build a post-epidemic world? Faced with the question of this era, President Xi Jinping has given China’s plan from a historical and philosophical perspective: work together to overcome the epidemic; resolve various risks and promote the stable recovery of the world economy; cross the development gap and revive the cause of global development; Abandon the Cold War mentality and achieve peaceful coexistence, mutual benefit and win-win results.

Schwab, founder and executive chairman of the World Economic Forum, said at the meeting that President Xi Jinping’s speech is very important. Solving problems through dialogue and cooperation is the only way to achieve peace and prosperity for mankind.

Kim Ping, director of the Institute of International Relations of the Royal Academy of Sciences of Cambodia, said that President Xi Jinping’s speech shows that China is always willing to work with the international community to promote all parties to enhance their confidence in multilateralism and globalization, build an open world economy, and open up inclusive growth and development. A new path for sustainable development, creating a better future together.

See also  FrieslandCampina fined €561,000 for infant formula

Global solidarity is crucial in this pandemic of unprecedented scale, said Lu Yaoqun, director of the Institute of Governance and Sustainability at the National University of Singapore Business School. China plays a key role in promoting the development of emerging economies and developing countries through international cooperation initiatives such as the Belt and Road Initiative. Countries should unite to promote each other’s economic development.

In the just past 2021, China’s economic report card is remarkable, with a GDP growth of 8.1% over the previous year and an average growth rate of 5.1% in the two years, ranking among the top of the world‘s major economies. This year, China’s total economic output is expected to account for more than 18% of the global economy, and its contribution to world economic growth is expected to reach about 25%. In the process of anti-epidemic cooperation and economic recovery, China’s participation is indispensable. become an important engine leading the world economic recovery.

China’s steady economic growth, the benefits of opening up, and the wisdom of development have contributed wisdom and strength to jointly creating a better world in the post-epidemic era, which has been highly applauded by the political, business and academic circles of various countries. Michael Schumann, chairman of the German Federal Association for Economic Development and Foreign Trade, said that China’s economic growth in 2021 will be considerable. This growth is especially commendable in the fight against the coronavirus and its economic fallout, and could inspire Western countries to follow China’s example and intensify efforts to revive their economies.

(Subtitle) Risk superposition crisis is imminent

See also  Squid release single with a visualizer and a video game

On the opening day of the forum on the 17th, the World Health Organization announced that the cumulative number of confirmed cases of new crowns in the world has exceeded 320 million, and the number of new confirmed cases of new crowns in many countries has repeatedly hit new highs. The World Bank’s latest “Global Economic Outlook” report pointed out that due to factors such as the epidemic, inflation, debt and income imbalances, the global economic recovery has slowed significantly this year and next.

The epidemic is raging, the global economic recovery is unbalanced, climate action is ineffective, and the social gap is widening… The epidemic of the century has superimposed the changes of the times, and the world has entered a new period of turbulence and change, and mankind is facing unprecedented challenges. According to the Global Risks Report 2022 released by the World Economic Forum, more than 84% of the respondents are very worried about the world outlook.

United Nations Secretary-General Guterres pointed out in his speech to the 2022 World Economic Forum video conference on the 17th that the current global economy is moving from stagnation to a slow recovery, but the continuous spread of the new crown epidemic and the impacted labor market. And other factors make the global economic recovery still fragile.

Georgieva, President of the International Monetary Fund, believes that the repeated epidemics, high inflation in many countries and record global debt levels mean that the road to global economic recovery in 2022 will be full of bumps, and “economic growth is losing momentum.”

Peter Giger, chief risk officer at Zurich Insurance Group, pointed out that the climate crisis remains the biggest long-term threat facing humanity, and failure to act on climate change could cost the world‘s gross domestic product by one-sixth.

“Everyone hopes that the Covid-19 pandemic and the resulting crisis will gradually begin to subside in 2022,” Schwab said. “But many serious global challenges, from climate change to rebuilding trust and social cohesion, await us.”

See also  Most popular Chinese concept stocks closed higher on Friday, Pinduoduo rose more than 15% Hong Kong and US stock information | Huashengtong

(Subtitle) It is urgent to act together

Since the outbreak of the new crown epidemic, it has claimed the lives of more than 5.5 million people around the world, disrupted production and life around the world, and exacerbated political, economic, and intergenerational differences. People from all parties participating in the forum said that the world needs unity more than ever, and called for firmly grasping the two keys of “equality” and “cooperation” to get out of the predicament, and actively responding to the epidemic, economic recovery and other global challenges.

Sadia Zahidi, Executive Director of the World Economic Forum, pointed out before the meeting that global cooperation in the fields of public health and economic development is crucial to achieving a more balanced and rapid global recovery. Working together to tackle persistent global challenges.

Speaking at the World Economic Forum on the 18th, Michael Ryan, executive director of WHO’s Health Emergencies Program, said that more than half of the world‘s population has been vaccinated with two doses of the vaccine, but the regional coverage data provided by the WHO African Regional Office is only 7%. “Equal access to these vaccines is not only an important humanitarian goal of equity, but the best way for all of us to emerge from the COVID-19 pandemic.”

David Rutte, chief economist of South Africa’s Efficient Group, said that all countries need to work together to open up their economies and ensure that the global economy recovers as soon as possible, which will benefit all countries, including South Africa.

During the forum, representatives from all parties also held discussions on a number of topics such as supply chain bottlenecks and energy transition, urging the consensus to be transformed into action as soon as possible, and the vision into reality. (Finish)

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy