This Monday in Beijing, the 2024 Global Trade and Investment Promotion Summit unveiled the Beijing Initiative, a strategic plan aimed at accelerating global economic recovery. By centering on the World Trade Organization (WTO) multilateral trading system, the initiative seeks to enhance international trade and investment flows.
With the theme \"Mutual Trust and Cooperation: Navigating through Profound Changes,\" the summit was organized by the China Council for the Promotion of International Trade (CCPIT). Leaders from various trade and investment agencies, along with key business communities, engaged in extensive discussions to forge a consensus on maintaining stable and smooth industrial and supply chains.
The Beijing Initiative emphasizes strengthening industrial specialization and collaboration, ensuring that global supply chains remain resilient amidst ongoing economic shifts. This collaborative effort marks a significant step towards sustained economic growth and enhanced global trade relations.
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Global business leaders call for economic recovery and collaboration
cgtn.com
