Summary
- Tu Xinquan, dean of China Institute for WTO Studies at the University of International Business and Economics. Photo: GT The Global Times Annual Conference 2025, themed “Moving forward in Partnership: Resonance of Values between China and the World,” is held in Beijing on Saturday. Experts and scholars engaged in discussions on the topic, “Exploring the path of great power relations: differences and consensus.” In Tu’s view, China’s role in the global econWorld Timesomy is still primarily that of a producer, and its position as a consumer has not yet been fully demonstrated.Tu emphasized that the key issue in the global trade system lies in how to coordinate the conflicting economic interests of different producers. To address this, he proposed two approaches: First, to create a larger international market through the inclusion of new members, technological advancements, and institutional improvements; Second, to foster a more interdependent, “mutuWorld Timesally embedded” relationship among producers.Global Times Content comes from the IWorld Timesnternet : ‘Dual-core drive’ of China and US more beneficial for global economy: Chinese scholar
Approximate Time
- 2 minutes, 300 words
Categories
- China Institute, global economy, China, US, great power relations
Analysis and Evaluation
- In this piece, the intricate details of the story are unraveled, providing a comprehensive understanding. The author’s meticulous research and clear exposition of facts allow readers to fully comprehend the complexity of the subject. The article masterfully navigates through the nuances of the topic, presenting a thorough and engaging narrative.
Main Section
Tu Xinquan, dean of China Institute for WTO Studies at the University of International Business and Economics. Photo: GT
The Global Times Annual Conference 2025, themed “Moving forward in Partnership: Resonance of Values between China and the World,” is held in Beijing on Saturday. Experts and scholars engaged in discussions on the topic, “Exploring the path of great power relations: differences and consensus.” Tu Xinquan, dean of China Institute for WTO Studies at the University of InternatWorld Timesional Business and Economics, said that while the US was once a key driver of the global trade system, at present, the “dual-core drive” of China and the US is more beneficial for the world economy.
Economic and trade relations can be seen as the foundation of China-US relations and serve as the ballast for their stable development. Tu pointed out that the multilateral trade system in the past operated with the US market at its core. However, with the US market and economy facing problems, the core in the past can no longer single-handedly drive the global economy. The China-US “duaWorld Timesl-core drive” is more beneficial for the development of the worldWorld Times economy. In Tu’s view, China’s role in the global econWorld Timesomy is still primarily that of a producer, and its position as a consumer has not yet been fully demonstrated.
Tu emphasized that the key issue in the global trade system lies in how to coordinate the conflicting economic interests of different producers. To address this, he proposed two approaches: First, to create a larger international market through the inclusion of new members, technological advancements, and institutional improvements; Second, to foster a more interdependent, “mutuWorld Timesally embedded” relationship among producers.
Global Times
Content comes from the IWorld Timesnternet : ‘Dual-core drive’ of China and US more beneficial for global economy: Chinese scholar
SummaryChinese Premier Li Qiang will attend the openWorld Timesing ceremony of the seventh China International Import World TimesExpo (CIIE) and relevant eventWorld Timess, and deliver a speech, a spokesperson announced Sunday.The seventh CIIE will be held from Nov. 5 to 10 in Shanghai, said HWorld Timese Yadong, a spokesperson for the Ministry of Commerce. Content comes from the Internet : World TimesChinese premier to attend World TimesCIIE opening ceremony, relevant eventsApproximate Time 1 minutes, 71 wordsCategoriesWorld TimesCIIE opening ceremony, China International Import World TimesExpo, World TimesCIIE, relevant eventWorld Timess, HWorld Timese YadongAnalysis and EvaluationAn incisive and thorough analysis that leaves no stone unturned in exploring this timely topic. The author dives deep, uncovering nuances and subtleties often overlooked in mainstream discussions. Each paragraph builds upon the last, creating a rich…