29.6%, among the top in the world! China's expansion of opening up has achieved remarkable results and contributed "Chinese wisdom" to the world economy

cctv.com2025-11-06


CCTV news: On the afternoon of November 5, the "World Openness Report 2025" release and international seminar were held in Shanghai. As an important sub-forum of the 8th Hongqiao International Economic Forum, this event continued to release the forum's flagship report - "World Openness Report 2025" and the latest world openness index, contributing wisdom to promoting the construction of an open world economy. What are the core contents and highlights of the latest "Report"? Let’s take a look at the reports brought by reporters from the scene.

The reporter learned at the forum that the "World Openness Report 2025" consists of three parts: world openness trends, world openness hot topics, and world openness successful practices, covering cutting-edge issues such as cross-border data flows, global supply chain value chains, and industrialization of the global South.

Liao Fan, director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, said: "For the first time, we invited a Nobel Prize winner in economics to write a special chapter in the report, and we established preliminary contact with the United Nations Industrial Development Organization, so the international and rights The authority has been greatly expanded. We have made a big advancement in the timing of measurement. This year’s open report covers 35 years of data from 1990 to 2024, which provides us with a more solid foundation for predicting the long-term trend of economic development.”

The world openness index in 2024 is 0.7545, a year-on-year decrease of 0.05%, a decrease of 0.34% compared with 2019, and a decrease of 5.39% compared with 2008. While the world's opening up has been slightly tightened, China's expansion of opening up has achieved remarkable results. From 1990 to 2024, the openness index rose from 0.5891 to 0.7634, an increase of 29.6%, ranking among the top in the world. In 2024, China's openness index will increase by 0.5% year-on-year, ranking 38th among 129 economies, the same as in 2023.

Since its first release in 2021, the "World Openness Report" has been published for five consecutive years, and its influence is increasing day by day. It can be said that this seminar has successfully set up a platform for international exchanges. Experts also reached a consensus at the forum: At the current historical crossroads, countries should abandon zero-sum thinking, work together to improve global governance, promote balanced, inclusive, and shared openness, and jointly move towards a prosperous and stable future.

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