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Striving to Serve as the “Wind Vane” and “Barometer” of the World’s Openness - International Symposium on Release of World Openness Report 2022 发布日期: 2023年03月09日

On November 5, 2022, the Press Conference on World Openness Report 2022 & International Symposium on Current Situation and Prospects of World Openness of the 5th Hongqiao International Economic Forum (Hongqiao Forum) was held, at which the World Openness Report 2022 was released successfully as the flagship report of the 5th Hongqiao Forum.

The release and symposium were sponsored by the Institute of World Economics and Politics of the Chinese Academy of Social Sciences and the Research Center for Hongqiao International Economic Forum. It consists of keynote speeches, report release and expert seminars.

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In the keynote speech section, Zhou Xiaochuan, Vice Chairman of the Boao Forum for Asia and Chief Representative of China, Vice Chairman of the 12th National Committee of the Chinese People’s Political Consultative Conference and former Governor of the People’s Bank of China, Wang Shouwen, Deputy Party Secretary of the CPC, International Trade Negotiator (Ministerial Level) and Vice Minister of the Ministry of Commerce, Gao Peiyong, Vice President and Member of the Chinese Academy of Social Sciences, Zhang Xiangchen, Deputy Director-general of the WTO, Zhang Xiangchen, Director of the Institute of New Structural Economics of Peking University and Lin Yifu, Deputy Director of the Economic Committee of the National Committee of the Chinese People’s Political Consultative Conference and former Senior Vice President of the World Bank, Thomas Sargent, Professor at New York University and Professor Emeritus at Peking University and Nobel Laureate in Economics; and Christopher Pissarides, Professor at the London School of Economics and Nobel Laureate in Economics, all delivered speeches respectively, gave full recognition and appreciation to the Report and the World Openness Index, and shared their experiences and views on theories, policies and practices of global openness, while congratulating the successful release of the World Openness Report 2022 and looking forward to the Report’s continued positive role in promoting the building of an open world economy.

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During the release of the Report, the heads of two research institutes of World Open Report 2022, Zhang Yuyan, Director of the Institute of World Economics and Politics of the Chinese Academy of Social Sciences, Member of the Chinese Academy of Social Sciences and Chief Expert of the National Institute for Global Strategy of the Chinese Academy of Social Sciences, and Gu Xueming, Director of the Research Center for Hongqiao International Economic Forum, introduced the main contents, core ideas and special highlights of the Report.

According to the introduction, the main contents of the Report include the publication of the latest “World Openness Index”, an in-depth discussion on the “matching” of the openness of various economies, the U-shaped evolution pattern of openness and other general regular issues related to global openness; an in-depth analysis on the evolution of the world landscape, WTO reform and global economic governance, regional trade agreements, global manufacturing landscape and supply chain resilience, financial openness, digital and green openness, etc. with the focus on the new trends and characteristics of global openness development; a summary of China’s achievements in opening-up in the past ten years, the role of the CIIE as a model window for promoting high-level openness, and China’s role and contribution in global cooperation on openness.

“The World Openness Index” is the core innovation, the most important feature and highlight of the Report. The cross-border economic, social and cultural openness of individual countries and regions, including openness policies and performance, are measured with 29 specific quantitative indicators. And 129 economies are ranked in terms of openness from 2008 to 2020. Since its debut in 2021, the World Openness Index has received a great response from all sectors of society. This year, for the first time, the openness of countries in the wake of the COVID-19 outbreak was published in the Report, showing that the World Openness Index continues to show a downward trend in 2020, with a slight decrease in both world openness policies and performance.

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In the expert seminar session, Yi Xiaozhun, former Deputy Director-general of the World Trade Organization and former Vice Minister of the Ministry of Commerce, Zhu Min, Deputy Director General of the China Center for International Economic Exchanges and former Deputy Managing Director of the International Monetary Fund, Richard Kozul-Wright, Director of UNCTAD’s Globalization and Development Strategies, Cristiano Pasini, Director of UNIDO’s Division of Capacity Development, Industrial Policy Advice and Statistics, Fabrice Megarbane, President of North Asia Zone & Chief Executive Officer of L’Or rt China; Masahiro Kawai, Visiting Professor at the University of Tokyo, Japan, and former Director of the Asian Development Bank Institute; Simon Evenett from the School of International Trade and Economic Development, University of St. Gallen, Switzerland, Alexander Romanov, Deputy Director of the Primakov Institute of World Economy and International Relations, Russian Academy of Sciences, and Director of the Asia-Pacific Research Center, and other leading experts from home and abroad held extensive and in-depth discussions themed on “The Status-quo and Prospects of World Openness”, contributed their wisdom to promote global openness and cooperation and support the recovery of the world economy, as well as proposed suggestions for the future content of the Report.