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International economic forum in east China tackles open trade, security-based development

China

China

China

International economic forum in east China tackles open trade, security-based development

2025-11-06 16:07 Last Updated At:17:07

"Open Trade and Security-based Development", a sub-forum at the 8th Hongqiao International Economic Forum in Shanghai, east China, Wednesday gathered distinguished global experts to deliberate on trade openness, supply chain resilience, and global governance.

As an important part of the 2025 China International Import Expo (CIIE), the sub-forum featured prominent scholars, including Nobel Laureate in Economic Sciences Thomas Sargent and Columbia University Professor Jeffrey Sachs.

"The technology that truly 'wins' is the one that is not only more effective to use, but also offers cost-scale advantages, has greater diffusion potential, and empowers other countries, enabling them to innovate more independently. In this regard, I believe China's technology is a kind of spreading technology. From green energy to infrastructure, including AI and the optimization of our entire governance system, China’s technology is empowering other countries," said Jin Keyu, professor from Hong Kong University of Science and Technology.

The 8th China International Import Expo and the Hongqiao International Economic Forum opened in Shanghai on Wednesday, with organizers saying these events demonstrate China's determination to promote high-standard opening up and shared development with the rest of the world.

International economic forum in east China tackles open trade, security-based development

International economic forum in east China tackles open trade, security-based development

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U.S. stocks close mixed

 

U.S. stocks ended mixed on Thursday.

The Dow Jones Industrial Average fell by 161.61 points, or 0.31 percent, to 51,349.98. The S and P 500 sank 1.9 points, or 0.02 percent, to 7,704.13. The Nasdaq Composite Index increased by 3.34 points, or 0.01 percent, to 26,939.37.

Seven of the 11 primary S and P 500 sectors ended in the red, with utilities and materials leading the laggards by losing 1.02 percent and 1.01 percent, respectively. Meanwhile, communication services and health led the gainers by going up 1.92 percent and 0.65 percent, respectively.

U.S. stocks close mixed

U.S. stocks close mixed

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