In May 2024, the China Council for the Promotion of International Trade (CCPIT) will host the Global Trade and Investment Promotion Summit in Beijing. Amid global economic turbulence, declining investment, and sluggish trade, this summit aims to provide a vital platform for strengthening mutual trust, deepening cooperation, and fostering common development among international businesses.
The summit presents a valuable opportunity for businesses worldwide to engage in in-depth exchanges, share experiences, and explore cooperation. As countries grapple with varying degrees of economic challenges, collaborative approaches have become a focal point for the global business community.
By enhancing communication and understanding, the summit is poised to inject new momentum into the revival and development of the global economy. It also underscores China’s active participation in global economic governance and its commitment to promoting an open world economy.
Businesses attending the summit can showcase their strengths, understand market demands, navigate policies and regulations of different countries, and identify suitable partners and projects. This facilitates the development of bilateral or multilateral trade and investment, strengthening economic ties and cooperation.
The summit plays a crucial role in improving international trade rules. In an era of globalization, enhancing these rules is significant for promoting trade liberalization and facilitation. By fostering stronger communication and consensus among countries, the summit aims to advance the optimization of international trade regulations.
As the world’s second-largest economy, China’s hosting of this summit demonstrates its openness, inclusiveness, and cooperative attitude. By advocating for multilateralism and free trade, China contributes wisdom and solutions to building an open world economy. The Global Trade and Investment Promotion Summit in Beijing is set to be a landmark event, offering new opportunities underpinned by mutual trust and cooperation.
Reference(s):
cgtn.com
