Program on New Opportunities Arising from China's Economic Growth" - August 14, 2024

The 13th Ministerial Conference of the World Trade Organization concluded in the United Arab Emirates yesterday, marking a significant milestone in the reformation of the global economic organization. For the first time, topics such as investment facilitation and organizational reform were brought to the forefront of discussions among world leaders and trade experts. The conference aimed to revitalize the multilateral trading system and address global challenges in a unified manner.

The conference was not just a platform for official discussions, but also a stage for influential voices from various sectors to gather and share insights on the future of trade multilateralism and economic development. The CGTN channel of China Media Group hosted a roundtable dialogue titled “Sharing New Opportunities for Economic Development”, where more than ten distinguished guests from politics, economics, academia, and international organizations came together for thought-provoking discussions.

During the dialogue, guests delved into topics such as China’s new development concept, the potential for creating new opportunities through economic growth, and the impact of trade multilateralism on global economic stability. The conversations were enlightening and offered a glimpse into the diverse perspectives on how countries can collaborate to achieve sustainable and inclusive growth.

One of the key highlights of the conference was the positive feedback received from international business leaders and scientific and technological authorities regarding China’s efforts towards achieving new and high-quality development. China’s commitment to innovation and inclusive growth was lauded by attendees, who recognized the country’s potential to drive global economic transformation.

As the world becomes increasingly interconnected through trade and investments, the need for multilateral cooperation and dialogue has never been more crucial. The discussions at the Ministerial Conference underscored the importance of collaboration in addressing pressing global issues and fostering a more resilient and inclusive global economy.

Moving forward, it is imperative for countries to continue working together to promote a level playing field for trade, ensure the free flow of goods and services, and uphold the principles of transparency and inclusivity in trade negotiations. By embracing multilateralism and collective action, countries can unlock new opportunities for economic growth and prosperity for all.

In conclusion, the 13th Ministerial Conference of the World Trade Organization served as a platform for meaningful discussions and collaborations on the future of global trade. The conversations that took place during the conference reflected a shared commitment to promoting a rules-based international trading system that benefits all nations. As we navigate the complexities of the global economy, it is essential for countries to come together in the spirit of cooperation and dialogue to build a more sustainable and inclusive future for all.