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Sub-forums at 8th Hongqiao Int'l Economic Forum discuss wide-ranging issues

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Sub-forums at 8th Hongqiao Int'l Economic Forum discuss wide-ranging issues

2025-11-07 00:02 Last Updated At:02:17

Discussions on wide-ranging topics took place at different sub-forums at the 8th Hongqiao International Economic Forum, which entered its second day on Thursday in Shanghai.

Themed "Opening Up for New Opportunities, Collaborating for a Shared Future", the event is an important part of this year's China International Import Expo (CIIE).

Among the highlights on Thursday was the launch of the World Trade Report 2025 Chinese edition.

Citing projections by the WTO Secretariat, the report indicates that artificial intelligence (AI) is expected to boost the global services trade by nearly 40 percent and global economic growth by 12 to 13 percent by 2040.

At a sub-forum titled "International Cooperation in Protecting IPR and Fighting against IPR Infringement and Counterfeiting," the Global Alliance for Trade in Services (GATIS) released a report on the digital economy innovation and intellectual property development index of major cities in the world, showing continued improvement of Chinese cities such as Beijing, Shanghai and Guangzhou.

At another sub-forum, titled "Compliance and Sustainable Development for Global Manufacturing," experts and scholars discussed topics such as industrial globalization and corporate compliance for Chinese companies' overseas expansion.

Cutting-edge trends and hot topics in smart manufacturing under the new development paradigm took center stage at the sub-forum titled "Intelligent Manufacturing Empowering Chinese Modernization."

At the "Global Drug Safety Governance and Chinese Drug Regulation Innovation" sub-forum, participants focused on the new landscape of pharmaceutical regulation and the high-quality development of the pharmaceutical industry.

The "Forum on Agricultural Sustainable Development in the Global South" provided a platform for all parties to build consensus on sustainable development issues concerning food security and agricultural technology for countries in the Global South.

Sub-forums at 8th Hongqiao Int'l Economic Forum discuss wide-ranging issues

Sub-forums at 8th Hongqiao Int'l Economic Forum discuss wide-ranging issues

Several explosions were heard in western and eastern areas of Tehran on Friday night as Israel launched a new wave of airstrikes on the Iranian capital.

Video footage captured by China Media Group (CMG) showed explosions near Iran's Defense Ministry.

"I'm CMG reporter Li Jiannan, and I'm currently in the northeastern part of Tehran, the capital city of Iran. As you can see in the direction I'm pointing, it's around 22:00 local time on the 13th, and explosions just occurred several hundred meters away from our reporting point, with thick smoke billowing from there," Li said from the scene.

The Israel Defense Forces (IDF) later announced that its air force had launched a new wave of airstrikes on Tehran.

Iran's Semi-official Tasnim news agency reported that the city's air defenses had been activated to counter hostile U.S. and Israeli targets.

Explosions rock Tehran as Israel launches new round of attacks

Explosions rock Tehran as Israel launches new round of attacks

Explosions rock Tehran as Israel launches new round of attacks

Explosions rock Tehran as Israel launches new round of attacks

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