The 21st century has carried the international trade governance system into a period of accelerated reshaping.The reform has been fueled by many factors including the requirement of the in-depth development of global ...The 21st century has carried the international trade governance system into a period of accelerated reshaping.The reform has been fueled by many factors including the requirement of the in-depth development of global value chains for cross-border institutional coordination,the requirement of the form of digital economy for new digital rules,and the requirement of the dominant countries under the traditional international trade governance system for the maintenance of their own interests.The reform of international trade governance system has driven China to adjust itself to external pressures while creating opportunities for the country to deepen the reform and join international trade governance.China as a beneficiary and firm supporter of economic globalization has rapidly grown from a marginal participator in economic globalization into a builder and contributor of the governance of the international trading system.It plays an active part in the reform of international trading system and the construction of a community of shared future for mankind by means of the making of rules,the reshaping of rules,the adjustment of rules,and the adaptation to rules.In addition,the critical measures for China to cope with the changes of globalization also consist in its deepened domestic reform,proactive opening-up,facilitated alignment with domestic and international rules,and an institutional environment suitable for the new situation of a"dual circulation"development pattern.展开更多
The reform and opening up has helped China achieve great progress in foreign trade.In consideration of better utilization of domestic and foreign markets,and internal and external production factors,China set out to p...The reform and opening up has helped China achieve great progress in foreign trade.In consideration of better utilization of domestic and foreign markets,and internal and external production factors,China set out to participate in international trade governance,which can be roughly divided into three stages.The first stage focused on bilateral,regional,and multilateral economic and trade cooperation,culminating in China’s entry into the World Trade Organization(WTO),which leads to China’s improvement of its domestic trade rules and practices and better global economic performance.The second stage focused on signing Free Trade Agreements(FTAs)aimed at promoting regional economic integration and actively engaging in international trade governance.Through the FTAs China began to create more voices and inject more Chinese elements into the formulation of international trade rules.The third stage started with the Belt and Road Initiative.During this period,China’s involvement in international trade governance has been integrated into a complete package of international economic governance,which includes policy coordination,facilities connectivity,unimpeded trade,financial integration,and people-to-people bonds.China is now improving and leading in international trade governance with the vision of a community of shared future for mankind.展开更多
Since 2008, G20 leaders have repeatedly committed themselves not to resort to protectionism and to conclude WTO negotiations expeditiously. The jury is out on the extent to which they have lived up to the first promi...Since 2008, G20 leaders have repeatedly committed themselves not to resort to protectionism and to conclude WTO negotiations expeditiously. The jury is out on the extent to which they have lived up to the first promise,＂ they have failed to deliver the second. Anemic global trade growth rates since 2010 imply that trade has not been a driver of much-needed economic dynamism. This paper argues that the G20 should pursue a more ambitious trade agenda and that there is much that greater leadership by the G20 could do to reinvigorate the trading system. A first step would be to commit to concrete actions that can be implemented by individual governments on a concerted basis and that center on reducing trade costs and improving access to services for firms. The Chinese presidency should also seek to have the G20 commit to more effective monitoring and analysis of trade policy broadly defined （including subsidies and investment incentives） and the impact of the many preferential trade agreements involving China, the EU and the USA, the world＇s largest trading powers.展开更多
文摘The 21st century has carried the international trade governance system into a period of accelerated reshaping.The reform has been fueled by many factors including the requirement of the in-depth development of global value chains for cross-border institutional coordination,the requirement of the form of digital economy for new digital rules,and the requirement of the dominant countries under the traditional international trade governance system for the maintenance of their own interests.The reform of international trade governance system has driven China to adjust itself to external pressures while creating opportunities for the country to deepen the reform and join international trade governance.China as a beneficiary and firm supporter of economic globalization has rapidly grown from a marginal participator in economic globalization into a builder and contributor of the governance of the international trading system.It plays an active part in the reform of international trading system and the construction of a community of shared future for mankind by means of the making of rules,the reshaping of rules,the adjustment of rules,and the adaptation to rules.In addition,the critical measures for China to cope with the changes of globalization also consist in its deepened domestic reform,proactive opening-up,facilitated alignment with domestic and international rules,and an institutional environment suitable for the new situation of a"dual circulation"development pattern.
文摘The reform and opening up has helped China achieve great progress in foreign trade.In consideration of better utilization of domestic and foreign markets,and internal and external production factors,China set out to participate in international trade governance,which can be roughly divided into three stages.The first stage focused on bilateral,regional,and multilateral economic and trade cooperation,culminating in China’s entry into the World Trade Organization(WTO),which leads to China’s improvement of its domestic trade rules and practices and better global economic performance.The second stage focused on signing Free Trade Agreements(FTAs)aimed at promoting regional economic integration and actively engaging in international trade governance.Through the FTAs China began to create more voices and inject more Chinese elements into the formulation of international trade rules.The third stage started with the Belt and Road Initiative.During this period,China’s involvement in international trade governance has been integrated into a complete package of international economic governance,which includes policy coordination,facilities connectivity,unimpeded trade,financial integration,and people-to-people bonds.China is now improving and leading in international trade governance with the vision of a community of shared future for mankind.
文摘Since 2008, G20 leaders have repeatedly committed themselves not to resort to protectionism and to conclude WTO negotiations expeditiously. The jury is out on the extent to which they have lived up to the first promise,＂ they have failed to deliver the second. Anemic global trade growth rates since 2010 imply that trade has not been a driver of much-needed economic dynamism. This paper argues that the G20 should pursue a more ambitious trade agenda and that there is much that greater leadership by the G20 could do to reinvigorate the trading system. A first step would be to commit to concrete actions that can be implemented by individual governments on a concerted basis and that center on reducing trade costs and improving access to services for firms. The Chinese presidency should also seek to have the G20 commit to more effective monitoring and analysis of trade policy broadly defined （including subsidies and investment incentives） and the impact of the many preferential trade agreements involving China, the EU and the USA, the world＇s largest trading powers.
