The Dream Factory of China

Source :Shenzhen Daily

Some scholars and elites from political and business circles gathered at the 2022 Global Sustainable Development Forumheld in Qianhai on June 17 to seek solutions for a common sustainable development future for humankind.

Zheng Yongnian, director of the Advanced Institute of Global and Contemporary China Studies at the Chinese University of Hong Kong (Shenzhen) said,“The dual circulation development paradigm proposed by the central government focuses on domestic and overseas markets reinforcing each other, with the domestic market as the mainstay. The goal of establishing a national unified market is to achieve sustainable development. China’s entry into the WTO not only indicates the integration of China’s economy with the international economy, but is also conducive to adopting the rules of the WTO to promote the formation of a national unified market.”

Hon. Gary Humphries, director of the ESG Future Foundation, pointed out that facing the challenge of climate change, China’s goals of achieving carbon peaking and carbon neutrality is not only a solemn commitment as a responsible power, but also an inherent requirement for the green transformation of China’s own economic and social development.

Paul R. Milgrom, a Nobel Laureate in Economics focused on the current world water shortage situation. He proposed to establish a market mechanism for water resources, such as using a sewage trading system to reduce water pollution, and to ensure sustainable economic development.

Prof. Jesús Seade, ambassador of Mexico to China, shared his thoughts on the issue of climate change: “Currently, climate change and biodiversity loss have endangered human survival. Human beings are increasingly aware that both human survival and business development depend on a healthy earth. We are at a critical point where a change must be made, and we should promote the modernization of governance systems and governance capabilities against climate change, and build a regional pattern that is adaptive to climate change.”

The scholars and experts also exchanged their views on clean energy, sustainable finance, cooperation and development, and technology and innovation.