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Helping each other succeed in new era of globalization

China Daily | Updated: 2019-07-03 07:30

China's development and its contribution to global economic growth since it looked outside to the wider world, particularly after it became a member of the World Trade Organization in 2001, highlights the reciprocal benefits that are realized in the transition from isolation and exclusion to openness and integration.

Similarly, the increasing risks and uncertainties that are currently destabilizing the global economy highlight the damaging potential of a country retreating into a shell of insularity and withdrawal - the effects being especially evident when the country concerned happens to be the world's largest economy.

But global integration is an unstoppable and irreversible trend. More opportunities and mutually beneficial outcomes are generated through cooperation rather than trying to bully gains from others.

Helping each other succeed in new era of globalization

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