Economic recovery is weak、Upgrade of geopolitical conflict、Climate change brings continuous challenges to the world，Under multiple shocks，The downward pressure on the global economy is continuously increased。Around the current global economic situation、China's challenges and the role that China plays in the global economy，The reporter interviewed the UN's UN trade and Development Conference Globalization and Development Strategy Department, Richard Kozul-Wright。

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The current global economic situation is not in the best state，The world economic recovery is slow after the new crown epidemic。Ke Zhizhi thinks，United States、Europe and China as the three main engines of the global economy，The rhythm of the recovery failed to synchronize，Therefore，This is worrying。Ke Zhizhi analyzed the United States、The growth momentum of three major global economies in Europe and China，and important policy differences between them。

Ke Zhizhi said，The American mild fiscal expansion policy and intermittent quantitative easing policy offset some downward pressure caused by rising interest rates，The stock market and housing prices have maintained an upward trend，promoted consumer expenditure; under the promotion of the newly introduced industrial policy，Investment remains stable。This policy combination makes the possibility of soft landing in the US economy higher than expected at the beginning of the year。But，High debt levels like commercial real estate，It may cause a negative impact on the bet365 best casino games financial sector。If you continue to fiscal tightening policy this this year，Weak consumer demand，interest rates remain at high for a long time，It may reverse the recent good trend。The domestic policy position in the United States and the more watched international policy positions appear at the same time，This is especially true in terms of trade and technical policies，Protective measures issued by the previous government are still continuing。Coping China's rise is the motivation for many such measures，These measures have also had a negative impact on the integrity of other developing countries and a more common international trade system。

Talk about Europe，Ke Zhizhi thinks，Europe is one of the most imbalanced among the three major economies，also facing the biggest policy challenge。Last year，The economy of major European countries has slowed sharply，Some countries have even fallen into recession，Germany is one of the outstanding examples。The inflation pressure in Europe is still more obvious than the United States，This is largely due to Europe's dependence on energy import，and energy imports from low -cost Russia to other expensive countries and regions。At the same time，Due to currency tightening，The interest rate of the euro zone has reached the highest level since the emergence of the euro，Soft landing is basically impossible。In fact，Since the government has begun tightening expenditure，and consumer expenditure is under pressure that has been stagnated by actual income，Demand will not rebound quickly。other，From the middle and long term，The continuous squeezing of investment expenditures will adversely affect productivity growth，Especially worrying。

Ke Zhizhi supplemented，As part of the effort to achieve climate goals，Europe also adopted unilateral trade policy measures，This has exacerbated the bet365 best casino games tension of the international trade system，Especially the carbon border adjustment mechanism will have adverse effects on developing countries。The economic output of these developing countries is currently higher than the carbon dense of developed countries，Tariffs occupy a larger proportion in government revenue。

Ke Zhizhi thinks，The Chinese government took strong measures in the second half of 2023，Accelerate China's economic growth，achieved 5.2%growth goals，Many observers expect that the Chinese economy will have a stronger rebound。Although China has its own challenges that need to deal with，but not as exaggerated as some Western media said，Ke Zhizhi has publicly refuted the remarks that Western media deliberately discredited China's economic prospects。Ke Zhizhi is confident in the Chinese economy，He told reporters，Most countries in the world grew less than 2022 last year，In this context，There are also exceptions of countries，For example, some larger developing countries including China。The pace of recovery of China's economy is obviously accelerated，Good news for the world economy。

　　Actively promote effective investment

From Ke Zhizhi,，For the past few decades，The foundation of China's success is that it is willing to conduct policy tests，This is especially true on the supply side。Productivity growth exceeds the nominal wage increase，to promote the increase in profit，These profits have been re -invested in new factories and new equipment，Formed a virtuous cycle，Too through the State -owned Development Bank to increase credit investment to further enhance this virtuous cycle。This "profit -investment -productivity" relationship supports China's strong export motivation，Including trade、Strategic policy decisions including technology and industrial policies，It also played a key role bet365 live casino games in maintaining this virtuous cycle。Ke Zhizhi mentioned，It is also important，That is, China has avoided excessive opening capital accounts，Reduced macro financial pressure caused by external impact。

Ke Zhizhi said，China always understands，Vigorously promoting public and private investment is the key to promoting technology and structural reforms，This is very necessary for providing employment opportunities for increasing urban population and improving people's living standards。China does more and better than most economies is，China will pass targeted investment and government support，The middle and long -term challenges will be associated with the dynamic emerging industry，Discover many opportunities in the challenge，Ru Green Development、Digital Revolution and Artificial Intelligence Revolution。Although consumer demand and government direct expenditure in recent years have become an important economic growth momentum，But the characteristics of this development path associated with the middle and long -term challenges through investment through investment lies in，The role of consumer demand and government direct expenditure is weak。

At present, the export of China has recovered，But international trade has been suffered from greater pressure since the global financial crisis。Ke Zhizhi talks，China has always insisted on multilateralism，Therefore, there is no obvious trade transfer as many people expect。Ke Zhizhi thinks，Maintain the growth momentum at the current level of development，Vigorously promoting investment is still the key。He told reporters，China also needs more cautious and focused macroeconomic and industrial policies，To maintain a strong investment power。In this regard，China needs to be cautious to treat the capital account open，Take measures at the same time、Expand the financial foundation。

　　An important source of world economic growth

bet365 Play online games China has achieved significant achievements，But also facing a certain development challenge，These challenges are completely different from the challenges in the United States or Europe。From Ke Zhizhi，The governance structure of the world today is a product of the decision -making of developed economies，Decisions made from developed economies from their own interests are no longer applicable to managing today's international trade，and China needs to participate in management and decision -making in such a world。

Ke Zhizhi said，China's rise as the world's great industrial country，Not only becoming an important source of world economic growth，It also changed the international division of labor，strongly promoted regional cooperation and South -South cooperation。This is not only reflected in the geographical reconstruction of international trade and investment flow，It is also reflected in the international cooperation initiative proposed in China，Co -construction of the “Belt and Road” initiative and global development initiative are a strong proof。

China's experience also proves，Obtaining technology is important for establishing and maintaining vibrant growth to。China is in new energy、Sipid technology development in key areas such as electric vehicles and artificial intelligence has made significant progress.，The framework of South -South cooperation can once again help other developing countries to gain affordable technology，Help them seek the establishment of sustainable and inclusive development roads that meet their special needs and challenges。

Ke Zhizhi thinks，One of the significant features of China's continuous expansion of global influence is that they are willing to share their successful policy experience，and avoiding what other countries should do。China respects the importance of national sovereignty in international relations，and acknowledge bet365 Play online games the specific development environment faced when designing the country's policy and strategy，This is in sharp contrast to the attitude and action of some "aid countries" in developed countries。

Ke Zhizhi said，A stronger South -South framework can help maintain the policy space required to effectively integrate into the global economic recovery，This can be the flexibility of the trade agreement、Expand the necessary financial support to overcome external constraints、Copy external impact。China's support for new financial institutions such as BRICS New Development Bank and other new financial institutions is an important step forward in this area。Since developing countries will face multiple challenges in the next few years，Ke Zhizhi Suggestion，Further strengthen the intensity of these measures and expand the scope，Introduction to other innovative measures at the same time，This is very important for developing countries that have more available financing options。

Ke Zhizhi supplemented，China's trade surplus makes it a source of international capital in a short period of time，The source of funds from developing countries that have limited channels entering the international financial market or relying on large -scale multilateral loan institutions。But，Become a creditor's country has brought many new challenges to policy makers。The international framework established by developed economies to manage such problems is largely unable to provide timely、Fair solution，This problem is urgent to reform。For this，China can play a constructive role through its status in G20 and other platforms。

Ke Zhizhi said，Representative weight of the world today、Fundamental support and policy suggestions are still inclined to the interests of developed countries，China is on a wider impact on the international governance system。As developing countries are becoming more and more strongly required bet365 best casino games to reform related institutions，Get more representative rights、Speaking、Decision right，China can be based on its own experience，A sound of countries that are conducive to wider developing countries in the reform agenda。