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

Core Viewpoint - The forum "Phoenix Bay Area Finance Forum 2025" emphasizes the theme of "New Pattern, New Path" and aims to explore new development opportunities amidst global economic changes [1] Group 1: Economic Globalization - Economic globalization is currently facing challenges, entering a phase of adjustment and slow globalization, but tariff barriers cannot halt the overall trend of globalization [3] - The underlying logic of globalization is based on comparative advantages, driven by the pursuit of optimal resource allocation and maximum efficiency. Companies will continue to seek the best production locations and sales markets globally, despite tariff impacts [4] - Technological advancements, including digital technology, the internet, and modern logistics, facilitate unprecedented ease in cross-border production collaboration, information exchange, and trade [4] - Tariff barriers may not only fail to stop globalization but could also catalyze its evolution into new models. Modern supply chains increasingly emphasize risk resilience alongside cost and efficiency [4] - The uncertainty of tariff policies has accelerated regional economic cooperation among ASEAN and BRICS countries as a risk mitigation strategy [4] - Despite the shocks and uncertainties brought by tariff barriers, the strong internal dynamics and market laws of economic globalization will continue to drive its forward momentum [4]