According to the website of the Ministry of Commerce of China, on October 4, the 15th session of the United Nations Conference on Trade and Development (hereinafter referred to as UNCTAD 15) was opened by video in Geneva, Switzerland. Barbados Prime Minister and Minister of Economy Motley presided over the meeting. UN Secretary-General Guterres and UNCTAD Secretary-General Greenspan attended the meeting and delivered speeches. On October 5th, Wang Shouwen, Deputy Minister of Commerce and Deputy Representative of International Trade Negotiations, made a video speech at the general debate of the 15th Congress of the UNCTAD.
The theme of UNCTAD’s 15th National Congress is “From inequality, fragility to common prosperity.” Discussions on economic recovery after the epidemic have been launched, and constructive results have been achieved. On October 7, the 15th UNCTAD Congress will conclude and publish the “Bridgetown Consensus”.Wang Shouwen pointed out in his speech that since the 14th National Congress of the Trade and Development Conference in 2016, China has continued to open up to the outside world, fully fulfilled its WTO commitments, firmly supported the multilateral trading system with the WTO at its core, actively participated in WTO reforms, and worked hard to contribute to world economic growth. And contribute to global economic governance. In 2020, the total value of imports and exports of goods trade will exceed 4.6 trillion U.S. dollars, and foreign investment will exceed 130 billion U.S. dollars, contributing 30% of the world economic growth. As of 2020, China and 140 partner countries will jointly build the “Belt and Road”, creating 1.157 million local jobs and contributing 6.94 billion U.S. dollars in tax revenue. China has formally filed an application to join the CPTPP, which will further expand its high-level opening to the outside world and build a new open economic system.
Wang Shouwen emphasized that President Xi Jinping put forward the “Global Development Initiative” at the General Debate of the 76th UN General Assembly. China calls on all member states to work together to meet challenges, promote stronger, greener, and healthy global development, and promote the destiny of mankind. community. To this end, we must insist on giving priority to development to help countries recover from the epidemic; uphold openness and inclusiveness, firmly support the multilateral trading system; explore innovative growth and expand broad partnerships.
Since its establishment in 1964, the United Nations Conference on Trade and Development has been shouldering the important task of promoting the trade and economic development of all countries in the world, especially developing countries. The conference is held every four years to clarify its priorities for the next four years.