Core Insights - The global trade system is under significant pressure but continues to expand, demonstrating remarkable resilience despite challenges [1][2] - The World Trade Organization (WTO) forecasts a 2.4% growth in global merchandise trade for the year, which is lower than the 2.7% expectation without tariffs but significantly better than the -0.2% prediction made in April [1] Group 1: Global Trade System - The global trade system is facing severe shocks, with some countries attempting to readjust it, leading to rewritten commitments and reshaped rules [1] - Despite these challenges, most economies have avoided escalating trade restrictions against each other and are expanding existing trade relationships [1] Group 2: WTO Reforms - WTO reforms are being prioritized to address unilateralism and outdated rules, with three principles proposed: enhancing member recognition and trust, correcting ineffective elements, and reshaping the system to adapt to current economic changes [2] - The WTO's latest report indicates that bridging the digital divide and improving labor skills could lead to a nearly 40% increase in global trade flow by 2040, driven by advancements in artificial intelligence [2] Group 3: China's Role - China's recent announcement not to seek new special and differential treatment in current and future WTO negotiations has been praised as a demonstration of responsibility and a sign that reforms are actively occurring [2]
(第八届进博会)世贸组织副总干事:全球贸易体系压力中仍在持续扩张
Zhong Guo Xin Wen Wang·2025-11-06 08:21