Co-Chairman of the Global CEO Development Conference, Chairman of China and Globalization Think Tank (CCG), Advisor to China Service Trade Association
London School of Economics and Political Science
Born in Changsha, Hunan, he grew up in Guiyang, Guizhou. He is the chief negotiator of China's resumption of customs and accession to the WTO, the former deputy minister of the Ministry of Foreign Trade and Economic Cooperation; the former director and secretary general of the Boao Forum for Asia; formerly the School of International Relations and Public Affairs of Fudan University Dean. He studied at the Eighth Middle School of Guiyang and the Department of Foreign Languages of Guizhou University. After graduating in 1965, he worked in the Ministry of Foreign Affairs. In 1973, he studied International Economics at the London School of Economics and Political Science.
Mr. Long Yongtu was appointed Director of the International Department of the Ministry of Foreign Trade and Economic Cooperation in January 1992, and began to participate in China's resumption negotiations.
From January 1995 to September 2001, as the chief negotiator, he led the front line and finally successfully concluded the 15-year negotiations for China's accession to the WTO.
Mr. Long Yongtu is often invited as a guest to attend seminars organized by world-renowned research, academic institutions and well-known universities, including Harvard University, Washington University, London School of Economics, Australian National University, National University of Singapore, and the Netherlands Global Forum, Awashima Forum, Pacific Economic Forum, British Royal Society, American Asian Association, American Asian Foundation, Economic Cooperation and Development Organization, and Asian Development Bank. He has edited the "Globalization · WTO · China Series".
Abandoning labor-intensive manufacturing will be a historic mistake
Long Yongtu expressed his views at the "China's Ten-year WTO Entry Forum" recently held by the China Household Electrical Appliances Association and Southern Newspaper Media Group: China should not be ashamed of being called the factory of the world.
China's development of manufacturing is determined by China's national conditions. During the current financial crisis, China ’s foreign trade exports have fallen sharply, but a few months later, it was the home appliance industry, clothing industry, shoes, and other labor-intensive industries that supported the recovery of China ’s foreign trade exports. The entire manufacturing industry, especially the labor-intensive manufacturing industry, is the strength of the Chinese economy in international competition. This trend will not change for a long time to come. On the other hand, the contribution of China's manufacturing industry to the entire economy is manifested not only in the creation of wealth, but also in the creation of employment opportunities, thereby maintaining China's stable development.
Under the policy demands of promoting industrial upgrading and reversing trade imbalances, the traditional manufacturing industry that once created the myth of China's economy is now in an awkward position, survived the financial crisis, but did not have a relaxed life. "Several pressures such as" electricity shortage "make it difficult for many enterprises to survive. The processing and manufacturing industry has obtained the first bucket of gold for China's economic development, created a large number of employment opportunities, and enabled China's urbanization process to proceed. To become a developed country like the United States, China still has a long way to go. Making necessary policy adjustments in this regard should be mentioned on the agenda, otherwise it may repeat the mistakes of the US financial crisis.
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