(Lin Guijun) In the next few years, the Asian economy will move forward on a medium-low speed track
(Source: CCTV13 "News Live Room" 2020-05-08)

The Boao Forum for Asia released the "2020 Annual Report on Asian Economic Prospects and Integration Process" today. According to the report, in the next few years, the Asian economy will move forward on a medium-low speed track. For the problems that arise in the process of globalization and Asian economic integration, it is advocated that they should be solved by lowering tariffs, eliminating barriers and promoting w88.
According to the report, in the context of the slowdown in global economic growth, Asia's economic growth declined more than expected in 2019, and the economic growth divergence between major economies increased. However, the employment situation in Asia is basically stable, income has increased, and financial markets are operating smoothly. The challenges facing the Asian economy in 2020 will be more severe. In 2020, some Asian economies will face greater downward pressure, and the overall economy is likely to experience zero growth. However, in the end, the trend of the Asian economy will depend on the development of the epidemic and the response of various countries.
In terms of the Asian integration process, according to the report, over the past year or so, due to the impact of global w88 frictions, the synchronization of the economic cycles between Asia and the world's major economies has weakened, but the integration process in various aspects such as w88, production, and investment in the region is still moving forward.

In this regard, as the main writer of the "2020 Annual Report on Asian Economic Prospects and Integration Process"Lin Guijun, Executive Dean of the National Institute for Opening up, w88 casinosaid: The impact of w88 friction on Asia's industrial chain and whether there has been industrial transfer is the main focus of our report this year. So far, we have found no signs of transfer or structural change. Judging from the data, investment among Asian countries has actually increased. This increase shows that Asia's integration is also increasing.
In addition, the report pointed out that the COVID-19 epidemic that began to sweep the world in early 2020 has severely damaged the global supply chain. The cross-border flow of goods, services and people has been stagnated, and the capital chain has been damaged. This also reflects from one aspect the depth of interdependence and influence within the Asian region and between Asia and the global economy. The problems that arise in the process of globalization and Asian economic integration should be solved by lowering tariffs, eliminating barriers and promoting w88, rather than going back on economic globalization and w88 liberalization.
With video link:
http://app.cctv.com/special/cbox/detail/index.html?guid=9f167407fc054435b7080715bdb28842&vsid=C10616&from=groupmessage&isappinstalled=0#0