Chinese Scholar Emphasizes Importance of Economic Globalization at Bled Strategic Forum
Chinese Scholar Emphasizes Importance of Economic Globalization at Bled Strategic Forum

Chinese Scholar Emphasizes Importance of Economic Globalization at Bled Strategic Forum

Renowned Chinese scholar Wang Huiyao, who is the founder and president of the Center for China and Globalization (CCG), conveyed the significance of economic globalization as a means to prevent further worldwide fragmentation. Speaking at the 18th Bled Strategic Forum (BSF) on Monday, Wang Huiyao stressed that without a cohesive structure to support the current multipolar world, global disintegration could become increasingly prevalent.

The BSF, taking place on August 28-29, has convened political figures, business magnates, think tank experts, non-governmental organizations (NGOs), international organization representatives, corporate delegates, and academics under the theme “Solidarity for Global Security.” This annual forum, initiated in 2006, has progressively developed into a preeminent international conference in Central and South-Eastern Europe.

Wang Huiyao highlighted the manifold benefits that globalization has bestowed upon humanity over the course of the last 75 years. He acknowledged the pivotal roles played by eminent institutions such as the World Trade Organization (WTO), the Organization for Economic Co-operation and Development (OECD), the Asian Infrastructure Investment Bank (AIIB), the World Bank, and numerous development banks.

In addition to his call for intensified global cooperation, Wang urged leaders from Central Europe to collectively express a resounding voice on the international stage. He underscored the importance of establishing a consensus among European nations, particularly those in Central and Eastern Europe, to advance peace and stability worldwide.

The Center for China and Globalization, established in 2008 and headquartered in Beijing, holds a prominent position as a Chinese non-governmental think tank. Ranked 64th globally in the University of Pennsylvania’s 2020 Global Go To Think Tank Index (GGTTI), the CCG continues to contribute significantly to international discourse on matters of global significance.

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