三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

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 1995 - . 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: 在线免费观看国产视频 | 中文字幕亚洲精品第一区 | 国产婷婷成人久久av免费高清 | 国内精自品线一区91 | 久久性视频| 丝袜美腿国产精品视频一区 | 狠狠色噜噜狠狠狠狠2022 | 亚洲人成在线观看男人自拍 | 黄色一级片免费播放 | 国产一区系列在线观看 | 青草国产 | 男人天堂综合网 | 免费在线看片网站 | 中国女与老外在线精品 | 高清视频 一区二区三区四区 | 国产资源在线免费观看 | 国产aaa免费视频国产 | 中文字幕极速在线观看 | 国产欧美一区二区三区在线看 | 亚洲精品久久一区影院 | 永久视频在线观看 | 精品美女模特在线网站 | 国产高清色播视频免费看 | 黄色毛片电影黄色毛片 | 永久国产| 国产精品视频一区日韩丝袜 | 97视频在线观看视频在线精品 | 国产成人综合久久综合 | 男女一级毛片免费视频看 | 国产一区二区三区四卡 | 免费观看黄色毛片 | 国产成人香蕉在线视频fuz | 好爽好深好猛好舒服视频上 | 女性被躁视频 | a免费看| 免费在线黄色网址 | 国产三级毛片视频 | 亚洲精品视频久久久 | 91sao在线看片水片 | 久色亚洲| 国产一二在线观看视频网站 |