The United States has recently adopted a series of measures aimed at strengtheningChainResilience initiatives, such as the establishment of a special committee and the development of semiconductor ** outage warnings. However, these measures are seen as a tendency to decouple and break the chain, which has raised concerns. GlobalChainof close contact andEconomyinterdependence, raising concerns that decoupling could lead toEconomyImbalances and globalEconomyInstability. However, some entrepreneurs have reminded the United States that the implementation of decoupling is a huge risk, and it will take at least 20 years for overseas chip manufacturing to depend. This suggests that the United States may eventually find itself "decoupled."
China gave the opposite answer to the same question, by hosting the first ChinaInternationalChainPromote the expo and show the worldChaindevelopment. This initiative highlights China's openness, inclusiveness and cooperation, and has attracted a large number of peopleInternationalActive participation of enterprises. Despite the tensions between China and the United States, many of the world's top 500 companies, which were previously threatened by the United States, also participated in the event, reflecting China's vulnerabilityChainThe attention and confidence of the market.
AmericanChainResilience measures have been accused of overtly protectionist. Faced with the pressure of a re-election campaign, Biden needs to show a sense of concern for the countryEconomyand security concerns to accumulate political capital. However, these initiatives are in:Internationalhas raised concerns about decoupling. In contrast, China organizesChainThe expo demonstrated an open and inclusive attitude of cooperation and provided a series of preferential measures for less developed countries to help them integrate into global value chains.
GloballyChainAgainst the backdrop of increasing interconnectedness, the protectionist approach of the United States stands in stark contrast to China's strategy of openness and cooperation. The United States seeks to reduce its dependence on other countries in order to maximize its own interests;And China is promoting the worldChainIntegrated development, promote win-win cooperation among all countries, and help the worldEconomySteady growth.
The first in ChinaChainPromote the expo in the process of preparation and presentation of its openness, inclusiveness and cooperation. The expo attracted many American companies to participate in the exhibition, and the proportion of overseas exhibitors was relatively high, covering 55 regions, of which the proportion of Europe and the United States was as high as 36%. Even in the midst of Sino-US tensions, many Fortune 500 companies that have been threatened by the United States are actively involved, which reflects China's vulnerabilityChainThe attention and confidence of the market.
In order to support exhibitors from less developed countries, the fair offers incentives to help them integrate into global value chains. This model of cooperation not only helps to uplift these countriesChaincompetence, but also for the worldChainThe development has injected new vitality. At the fair, many exhibitors booked booths for the second session consecutively, which reflects China's promotion of the worldChainDetermination and effort to develop.
From the United States and ChinaChainLooking at the different attitudes and initiatives in the field, it can be seen that the two countries are treatingEconomyDifferent ideas of globalization and cooperation. The United States has taken protectionist measures in an attempt to reduce its dependence on other countries and implement decoupling and chain breaking. China, on the other hand, emphasizes openness and inclusiveness, and promotes the worldChaincooperation development.
GloballyEconomyIn today's highly interdependent world, it is even more important to maintain an open and cooperative attitude. GlobalChaindevelopment requires interdependence and cooperation among countries to form a win-win situation. Organized in ChinaChainThe promotion expo showcased the concept of win-win cooperation and attracted wide attention andInternationalActive participation of enterprises.
However, it is worth noting that in the process of implementing openness and cooperation, China should also carry out its own reforms, upgrades, and strengtheningChainresilience and sustainability. Only by strengthening innovation capabilities, improving technological proficiency and improving the business environment can we better integrate into the worldChain, implementationEconomyofSustainability
All in all, the decoupling leanings adopted by the United States stand in stark contrast to China's openness and cooperation. GloballyChainIn the context of increasing interconnectedness, it is all the more important to maintain an open and cooperative attitude. China has done this by hosting the first oneChainThe promotion expo demonstrated an open and inclusive attitude of cooperation, which attracted a large number of peopleInternationalCorporate involvement. In the future development, China needs to strengthen its competitiveness andSustainabilitycompetence for the worldChainto make a greater contribution to the prosperity.