Erik Berglof (Erik Berglof)

The first chief economist of Asian Infrastructure Investment Bank，Director of the Global Affairs Research Institute of the London Institute of Political Economics, England、Professor，Chief Economist of European Revival Development Bank。The research field is transformation economics。

My sincere greetings to you at the Asian Infrastructure Investment Bank。The world today is experiencing huge changes，Thank you at this moment to invite me to participate in this very important、Very interesting meeting。Global value chains have undergone major changes in the past 15-20 years，and in the future, more profound changes will be produced。as part of the global system，China is playing an increasingly important role on the global value chain。

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helps enhance the participation of the global value chain

Current，Global system change has brought challenges to the global value chain，Make it more and more bet365 live casino games fragmented。This fragmentedization is vital to emerging economies to join global production。Since the global financial crisis，The most noticeable is the transfer of the global value chain from a developed economy to an emerging economy。But the global value chain is only upgraded in individual development countries。In some countries，They are closer to upstream rising to the global value chain，Therefore, the investment in making finished products is increasing，This is exactly China's approach，Innocent the production of intermediate products。India is another example。India pays more attention to upgrading individual performance，The skill content of improving the single operation，Introduction of information technology, etc.。But the upstream or downstream of the global value chain does not exist in essential quality，It is important that at each stage of the value chain production process, it can increase productivity to the greatest extent，and this depends on the specific environment、Country and Industry。As a result, some countries successfully climbed upstream，Other countries successfully move downstream。Where，China is committed to Bet365 app download combining expanding the production of intermediate products with improvement of technology content，It has become the center of the global value chain，The contribution of high -tech manufacturing is increasingly significant。This is inseparable from China's own economic development，Especially the transportation infrastructure and artificial intelligence represented by the China -Europe Railway、5G and other fields development，Create superior conditions for further integration into the global value chain。So，When a country wants to gain economic growth by integrating into the global value chain，The significance of the quality of infrastructure must be fully considered，Especially for electricity and transportation infrastructure as necessary conditions。The more complicated the product exported by a country，The higher its requirements for infrastructure。

Since the outbreak of the new crown pneumonia，The world has experienced the re -opening of the city and the economy，We witnessed large -scale misplaced and impact in the global system。It is the economic stimulus policy implemented by countries to respond to the crisis.，Caused the bet365 live casino games global value chain interruption。other，Situation of the trade situation、Digital technology changes, etc., will have more or less impact on the global value chain。There is a lot of controversy in the topic of whether there will be a shorter global value chain.，But I think，I haven't seen too much about this so far。Perhaps some global value chain shortened during the new crown pneumonia epidemic，But there is no too much evidence to prove this。

　　zero carbon transformation: important influencing factor of the global value chain in the future

zero carbon transformation will affect production content、Production location and production method，Not only will it promote the government，It will also promote consumers、Empires adopt or participate in zero carbon transformation policy，Therefore, it is one of the most important influencing factors for the future global value chain。In the background of zero carbon transformation，Renewable energy production helps to truly maintain the operation of the global value chain。If a country or region can provide opportunities for de -carbonization to lead companies in the global value chain，Then it can attract such investment。This will be an important Bet365 app download decisive factor where the global value chain will produce in the future。Here mainly includes participants in two aspects，One is a leading company in these global value chains。These companies can compulsory carbon on the entire value chain，Try the effect of carbon emissions in production and investment，Using general standards or cross -value chain standards in the value chain。So，To improve data transparency，Government、Interest organization、Non -government organizations and environmental protection organizations will require each enterprise to announce carbon emissions，Even transparent carbon footprints of the entire global value chain，The financial market will also apply more pressure。The other party is those countries that want to attract global value chain。These countries can provide carbonization opportunities，Use renewable energy，Economic production with environmentally friendly and circular，Adopt efficient and effective multimodal transport green traffic system，Even enhances competitiveness in the protection of biodiversity，Improve its global value chain participation。

In short，Climate Intelligent Development helps to provide bet365 best casino games an opportunity for inclusive transformation for emerging and developing economies，Global value chain can become an important means and supplementary options for realizing zero carbon transformation，and eventually play a huge role in promoting the peaceful coexistence and common prosperity of Asia and other regions。In this regard，With multilateral development banks such as Asian Infrastructure Investment Banks and other multilateral development banks become important participants in various countries and industries，They can not only help countries and various industries formulate favorable policies，Promote different countries、Coordination between different industries，It will also play a key role in promoting zero carbon transformation related to the global value chain。