China benefits to a large extent from the globalization of the economy and at the same time is the source of it. Since joining the WTO in 2001, the Chinese economy has grown impressively. China has contributed to 36% of the world's economic growth in the last ten years. Therefore, it has become essential to seize the opportunities of China's development to overcome the various challenges of economic globalization.
We must seize the «development opportunities» of China's economic growth to enable global economic recovery in the post-COVID period. Since the beginning of the pandemic, the Chinese government has largely coordinated COVID measures with economic activities to best protect the lives and health of the people. With the development of the health situation and the optimization of the COVID policy, it can be expected that China's economic growth will resume significantly. A number of international organizations, financial institutions and thinktanks have recently raised their forecasts for China's economic growth to over 5.2% for the year 2023.
We must seize the «political opportunities» of China's opening up to promote mutually beneficial cooperation in the world. The report of the 20th National Congress of the Chinese Communist Party states that China will open up to the outside world on a larger scale, more broadly and at all levels. Vice Premier LIU He recently emphasized at the WEF annual meeting that China's founding principles presuppose that the country is opening up to the outside world. Thus, China's door will be increasingly open, bringing more and more opportunities for international cooperation.
We must seize the «governance opportunities» offered by China's participation in the improvement of the international economic order, so that the whole of humanity can benefit from globalization. Only if the global governance system meets the new requirements of the international economic structure can each country sustainably exercise its rights and fulfill its obligations in the context of globalization. China is committed to genuine multilateralism and supports the inclusive development of the WTO multilateral trading system as a cornerstone.
It is also expected that the cooperation between China and Switzerland will intensify in the near future in areas such as trade, science, technology, and culture. From February of this year, China has resumed the organization of group tours for Chinese citizens as a pilot project, with Switzerland being among the first 20 recipient countries.
Just as it is written on the dome of the Federal Palace: «One for all, all for one», humanity should unite to face the future global challenges. Facing the headwind of globalization, China is ready to work with other countries to actively support the globalization process towards a more inclusive and sustainable path so that the spring wind of «Chinese opportunities» can warm every corner of the world!
