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2025-12-16 01:48:01
[WTO: Global Value Chains Show Resilience and Are Undergoing Accelerated Restructuring] On March 15th, local time, the World Trade Organization (WTO) released its "Global Value Chains Development Report 2025" in Geneva, Switzerland. The report points out that despite constraints from geopolitical tensions, financial uncertainty, and climate pressures, global value chains have generally maintained resilience and are continuing to restructure. WTO Director-General Iweala stated that globalization has not ended, and in 2023, global value chains accounted for 46.3% of trade. The report believes that value chains are being restructured through multiple dimensions, including regional adjustments, digitalization and automation, industrial policies, and green investment. However, rising trade costs and financing shortages continue to pose challenges to peripheral economies. (CCTV News)
