Core Insights - The forum "Phoenix Bay Area Finance Forum 2025" was held in Guangzhou, focusing on the theme "New Pattern, New Path" to explore development opportunities amidst global changes [1] Economic Globalization - Economic globalization is currently facing challenges, entering a phase of adjustment and slow globalization, but tariff barriers cannot halt its overall trend [3] - The underlying logic of globalization is based on comparative advantages, driven by the pursuit of optimal resource allocation and maximum efficiency, leading companies to seek the best production locations and markets globally [3] - Technological advancements, including digital technology, the internet, and modern logistics, facilitate unprecedented ease in cross-border production collaboration, information exchange, and trade [3] Supply Chain Dynamics - Modern supply chains are increasingly focusing on risk resilience and flexibility, in addition to cost and efficiency, with examples including the diversification of server manufacturing to the Americas while maintaining mobile and computer production in Asia [3] - Uncertainty in tariff policies has accelerated regional economic cooperation among ASEAN and BRICS countries as a risk mitigation strategy [3] Conclusion on Globalization - Despite the shocks and uncertainties brought by tariff barriers, economic globalization will continue to advance due to its strong internal dynamics and market principles [3]
央行原副行长李东荣：关税壁垒难以阻止经济全球化的发展大势
Feng Huang Wang Cai Jing·2025-09-24 06:48