Nations urged to assess trade gains from global value chain perspective

Experts have urged the international community to evaluate the real trade gains from a global value chain perspective and continue to promote globalization and free trade rules.

Chen Wenling, chief economist at the China Center for International Economic Exchanges, said that rather than focusing on the gains solely from the traditional trade perspective, which is singled-minded, countries need to see themselves as part of the global value chain.

He said that US companies' average rate of return in China was higher than the figures both in the global market and in the United States.