Experts say China's pledge to collaboration aids worldwide expansion
The "1+10" Dialogue held in Beijing on Monday has received praise from experts and academics. This gathering brought together leaders from major international economic organizations, underscoring China's initiatives to strengthen cooperation with these organizations and advance its commitment to high-level opening-up.
TroibNews 
Experts and academics have praised the "1+10" Dialogue held in Beijing on Monday, which brought together leaders from major international economic organizations. The meeting underscored China's dedication to fostering collaboration with international bodies and advancing high-level opening-up.
Yang Tao, deputy director of the National Institution for Finance and Development, remarked that active engagement with international organizations enhances information exchange and communication, reduces misunderstandings and builds consensus, as well as facilitating the implementation of major innovative projects in the global economic and financial sectors.
Liu Ge, a commentator for China Media Group, emphasized that China's commitment to high-level opening-up not only reflects the country's determination to deepen its integration into the global economy but also serves to stabilize its foreign investment and trade while shaping a new framework for comprehensive opening-up.
Experts highlighted the significance of these efforts in supporting globalization and spurring global economic growth, while simultaneously promoting China's own development, especially in light of sluggish world economic growth and increasing unilateralism and protectionism.
Sang Baichuan, dean of the Institute for International Economy at the University of International Business and Economics, noted that the free trade system has been undermined by some countries bypassing international economic organizations, unilaterally imposing additional tariffs, and adopting trade and investment protectionist measures. He added that in this context, China should engage in dialogue and further deepen its cooperation with international economic organizations to foster a clearer understanding of the dynamics of China's economy.
Ren Lin, director of the Department of Global Governance at the Institute of World Economics and Politics of the Chinese Academy of Social Sciences, highlighted that enhancing macroeconomic policy coordination among major economies is crucial for effectively mitigating negative spillover effects from developed economies. She also emphasized the importance of amplifying voices from the Global South and collaboratively exploring new drivers for global economic growth.
Sanya Singh contributed to this report for TROIB News
Yang Tao, deputy director of the National Institution for Finance and Development, remarked that active engagement with international organizations enhances information exchange and communication, reduces misunderstandings and builds consensus, as well as facilitating the implementation of major innovative projects in the global economic and financial sectors.
Liu Ge, a commentator for China Media Group, emphasized that China's commitment to high-level opening-up not only reflects the country's determination to deepen its integration into the global economy but also serves to stabilize its foreign investment and trade while shaping a new framework for comprehensive opening-up.
Experts highlighted the significance of these efforts in supporting globalization and spurring global economic growth, while simultaneously promoting China's own development, especially in light of sluggish world economic growth and increasing unilateralism and protectionism.
Sang Baichuan, dean of the Institute for International Economy at the University of International Business and Economics, noted that the free trade system has been undermined by some countries bypassing international economic organizations, unilaterally imposing additional tariffs, and adopting trade and investment protectionist measures. He added that in this context, China should engage in dialogue and further deepen its cooperation with international economic organizations to foster a clearer understanding of the dynamics of China's economy.
Ren Lin, director of the Department of Global Governance at the Institute of World Economics and Politics of the Chinese Academy of Social Sciences, highlighted that enhancing macroeconomic policy coordination among major economies is crucial for effectively mitigating negative spillover effects from developed economies. She also emphasized the importance of amplifying voices from the Global South and collaboratively exploring new drivers for global economic growth.
Sanya Singh contributed to this report for TROIB News
