Amid a sea of protectionism and geopolitical headwinds, 2024 presented fresh challenges for global connectivity. The latest World Openness Report 2025, unveiled at the 8th Hongqiao International Economic Forum in Shanghai, reveals how the World Openness Index dipped to 0.7545 last year—its lowest mark in years.
Despite a broad slowdown since 2008, one standout story emerges: China bucked the global trend. While many economies tightened up, the Chinese mainland expanded its engagement across trade, investment, and cultural ties.
Compiled by the Institute of World Economics and Politics at the Chinese Academy of Social Sciences and the Research Center for the Hongqiao International Economic Forum, the report tracks 129 economies on four pillars:
- Trade flows: import-export data and tariff shifts;
- Investment links: foreign direct investment and venture capital;
- People-to-people exchanges: from tourism to academia;
- Cultural connections: media, arts, and digital collaborations.
China’s upward move comes as other major players grappled with supply-chain realignments and regional frictions. The report suggests that strategic use of digital platforms, diversified investment deals, and targeted cultural programs helped China defy the downward curve.
For young global citizens, this data highlights shifting opportunities: entrepreneurs can spot emerging markets, travelers may discover new routes, and changemakers can study the interplay of policy and connectivity. As the world balances between fragmentation and integration, these insights shine a light on where global engagement is headed next.
Looking ahead, analysts will watch whether China’s resilience sparks fresh collaborations or intensifies competition in a changing global landscape.
Reference(s):
cgtn.com
