日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / World Economic Forum

Davos elite face cold reality of economic task

By Xin Zhiming | China Daily | Updated: 2017-01-16 07:38
Share
Share - WeChat

A man walks at the main entrance of the congress center where the World Economic Forum takes place in Davos, Switzerland, on Jan 18, 2016. [Photo/IC] 

More than 2,500 political and business leaders are swarming into the small Alpine town of Davos, Switzerland-and it isn't for the skiing. They're looking for solutions.

They will discuss how to push globalization at a time when it's challenged by rising populist and protectionist forces, which have been buoyed by the United States presidential election victory for Donald Trump, who will be sworn in on Friday, the same day the World Economic Forum is scheduled to conclude.

Visiting the Davos Congress Centre on Saturday, three days before the opening of the annual meeting, I saw workers busy making final preparations-in cold, heavy snow-to improve the infrastructure and logistics. It's a good metaphor for the current condition of the world economy, which is trying to fill its loopholes amid chilly growth prospects and challenges such as segmentation and the development gap.

The world economy has achieved significant growth in the past decades, with emerging-market economies gradually replacing developed ones to become engines for growth. However, growth seems to be an ever more daunting challenge, as most economies are short of solutions to sustainable growth at a decent rate.

The year-on-year growth of the world economy in 2016 was 2.4 percent and, according to the World Bank, it could rise moderately to 2.7 percent this year. Despite the increase, it's obvious that the world economy remains trapped in a low-rate growth cycle eight years after the global financial crisis. In 2006, the world economy expanded at a handsome 4.4 percent.

Worse is that decades of growth has improved the economic strength of some less-developed countries, but also widened disparity and income gaps among different groups of people, the root cause of the current surge in populism.

The world's overall Gini coefficient, which measures income equality, has hovered at around 7 percent, well above the widely accepted warning line of 6 percent. If the world economy continues on such a growth mode, there will only be more voices of discontent.

President Xi Jinping will call for "inclusive globalization" in his speech at the opening of the Davos forum on Tuesday. Such a philosophy, if truly embraced by world leaders, will serve to combat the protectionism that risks dividing the world economy and deserves the attention of elite political and business figures.

 

 

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 波多野结衣亚洲 | 色一区二区三区 | 超碰123| 久久久成人网 | 色av影院| 91视频免费在线看 | 人人超碰97 | 亚洲少妇一区 | 午夜激情国产 | 亚洲最大黄网 | 青青在线精品 | 操中国老女人 | 中文字幕1区2区 | 久久久久久久久久国产精品 | av中文资源 | 亚洲久久久久久 | 国产精品呻吟久久 | 欧美专区视频 | 成人性视频在线播放 | 欧美丰满一区二区免费视频 | 国产成人精品一区二区 | 性xxxx另类xxⅹ | 毛片直接看 | 欧美日韩久久久久久 | 小萝莉末成年一区二区 | 日本国产一区二区三区 | 中国成人毛片 | 国产免费自拍 | www在线视频 | 密桃av | 九一精品 | 亚洲天堂第一区 | 日韩欧美一卡二卡 | 懂色av一区二区三区 | 黄色欧美网站 | 中文av一区 | 亚洲国产精品综合 | 国产精品久久免费 | 天天在线免费视频 | 成人影片在线 | 国产精品一区二区在线观看 |