Dean of China WTO Research Institute of China University of Foreign Economics and Trade: China should improve confidence and ability to lead globalization

Author:Red Star News Time:2022.06.21

Recently, the eighth China and Globalization Forum hosted by the Global Think Tank (CCG) was held in Beijing. On June 21, at the globalization 30 -person round table forum with the theme of "China and Globalization in the 21st Century", CCG invited senior researchers and Dean Tu Xinquan, Dean of the China WTO Research Institute of Foreign Economic and Trade University, proposed that the United States has a global to the world. It has a very contradictory mentality, and it is impossible for the United States to make greater contributions to the multilateral trading system. China should enhance the confidence and ability to lead globalization.

▲ CCG specially invited Senior Researcher and Dean of the China WTO Research Institute of Foreign Economic and Trade University, Tu Xinquan

Tu Xinquan believes that the two most important systems of economic globalization, one is the US dollar currency system, and the other is the diversified trading system; one blood supply and one meat supply. For a long time, the most important leaders of these two systems are the United States, and the wishes and abilities of the United States are now declining, especially in the trading system. Due to the hollowization of the United States economy and industry, the expansion of domestic income distribution, and the intensification of the strategic game between China and the United States, the US hegemony has triggered anxiety, which has greatly reduced the interest of the United States to support the multilateral trading system.

"In fact, the US trade policy has changed since the financial crisis in 2008, especially after President Trump came to power, which highlights the attitude of the United States to the WTO. For example Unilateral tariffs, maliciously obstruct the appointment of the judge of the WTO appealing agency. After Bayeng came to power, his attitude towards the WTO was slightly improved, especially at the 12th Ministerial Conference of the WTO that just ended this time. A positive contribution has been made on the issue of property rights. "Tu Xinquan said.

Tu Xinquan believes that this reflects the very contradictory mentality of the United States for globalization. On the one hand, I was dissatisfied. I felt that the United States was damaged or relatively damaged in this round of globalization, and China benefited the greatest. On the other hand, the United States is inseparable from globalization and requires the support of the globalization system.

Tu Xinquan asserted that from the perspective of the general trend, the United States can no longer make greater contributions to the multilateral trading system. The United States did not make substantial concessions and contributions.

On the other hand, Tu Xinquan pointed out that China does have shortcomings in the industrial structure. How to improve the confidence and ability to lead globalization, and how to find a balance in openness and autonomy is a very difficult topic, which has also had a key impact on the development of future globalization. China needs to think about how the future should be globalized in the future. Construction has a greater impact.

Red Star reporter Hu Yiwen Beijing report

Edit Tan Wangyu

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