As China is poised to enter a new stage with the 14th Five-Year Plan, it is essential to implement new ideas for a new development landscape. The vision is to build a country strong in science and technology with innovation at the core of the modernization.
Due to historical factors and geopolitics, trilateral relations among China, the ROK, and Japan did not always progress smoothly and the free trade agreement negotiations have still not seen a breakthrough. However, the RCEP broke through the bottleneck and ushered in a new stage of regional cooperation.
There are two main presuppositions for the efforts to yield better results. The first is the preservation of peace and multilateralism. And the second is finding a balance to keep globalization alive, even if a more nuanced approach has been forged since the outbreak of the pandemic.
The government needs to develop closer ties with market entities while maintaining integrity and impartiality.
While we Chinese scholars could do more to elaborate on China’s peaceful development and its foreign policy, our American counterparts may help Washington make the choice of living peacefully with a modernized, strong and prosperous China, a major country with a different culture and a different political and economic system.
Unilateralism and protectionism are on the rise and there is a lack of coordination in trade and economic policies.
It is a period when the EU is reassessing its relationship with China—both sides have their own differences with the U.S. Brussels can play a crucial role as a major mediating power in a world marked by increasing multipolarity and the U.S.-instigated trade frictions.
The future competition between China and the United States may be decided by the country that can continue to grow its middle class and expand the market.
One shudders to think where the U.S. will be in five, 15 or 30 years—even if Biden is able to govern effectively for the next four.
Global accounting firm Deloitte, which has participated in all CIIEs since its inception in 2018, posted the message on its website that “only by connecting the world can we share the future” and its booth at the CIIE adopted an interactive design to present its innovative and digital solutions aiming at improving businesses’ digital transformation.
Sci-tech innovation should be open and cooperative. Today, elements that drive innovation such as knowledge, talent, information, capital and technological resources, have broken through national borders and flowed globally.
The Shanghai Spirit, as part of the founding values of the SCO, features mutual trust, mutual benefit, equality, consultation, respect for cultural diversity and the pursuit of common development.
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