Geneva buzzed with anticipation this week as China hosted a high-profile side event ahead of the WTO’s biennial review of its trade policies. With experts, scholars, and foreign business leaders in the mix, the meeting offered a sneak peek into Beijing’s strategies for balancing economic growth and global cooperation. 💼✨
Representatives from top Chinese institutions like the China Academy of Macroeconomic Sciences and the University of International Business and Economics unpacked initiatives aimed at boosting innovation, streamlining markets, and empowering private businesses. Foreign companies operating in China also shared firsthand experiences of the country’s evolving business landscape. 🏙️📈
Li Chenggang, China’s WTO ambassador, highlighted the event’s role in advancing WTO reforms: ‘Transparency builds trust—and trust keeps the global trading system strong’. The sentiment was echoed by WTO official Alexander Keck, who praised China’s ‘proactive approach’ to fostering dialogue among members. 🤝🌐
The upcoming review (July 17–19) will scrutinize policies from the world’s second-largest economy under WTO rules requiring top traders to undergo checks every two years. Stay tuned as this could shape conversations on fair play, sustainability, and tomorrow’s trade rules! 🚀🔍
