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CCTV-2 "China Economic Lecture Hall": (Zhao Zhongxiu) The cycle of reincarnation and warning of a century-old w88 login protectionism

Published: April 23, 2025 Editor: Zhang Xinyun

(Source: CCTV-2 "China Economic Lecture Hall" 2025-04-20)

Recently, in CCTV's "China Economic Lecture Hall" program,Zhao Zhongxiu, President of the University of International Economics and w88 loginSo deeply understood the theme of "Reincarnation and Warning of a Centennial w88 login Protection". At a time when the global economy is impacted by the US "reciprocal tariff" policy and is changing, he has made a deep professional knowledge and rich research experience to deeply analyze the complex role of tariffs in international w88 login, the far-reaching impact of tariff wars, and the future direction of tariff policies under the background of economic globalization, providing all walks of life with valuable thinking directions.

At the beginning of the program, Zhao Zhongxiu looked back on history and pointed out that w88 login protectionism is not a new product. As a long-standing economic policy tool, tariffs were initially born, and they were responsible for accumulating fiscal revenue for the country and were an important support for the country's economic operation. After the Industrial Revolution, the function of tariffs has been continuously expanded, and the role of regulating international w88 login and protecting their own industries has become increasingly prominent, becoming an important means for countries to compete in the economic field.

Looking back on the long history, the tariff war has been transformed many times, becoming a powerful tool for a country to regulate foreign w88 login and reshape the industrial structure, bringing a huge impact on the world economic structure. For example, in the 17th century, France, the Netherlands and Britain rose from tariff differences to war, and both sides suffered losses.

In the context of economic globalization, Zhao Zhongxiu emphasized that economic globalization is an irreversible historical trend, like a rolling river, unstoppable. Reducing tariffs and restricting tariffs have become the general trend of global economic development.

When talking about the basic principles of w88 login, Zhao Zhongxiu emphasized the importance of comparative advantages. In the context of globalization, countries have divided their work and cooperated based on their own advantages, and multinational companies have deployed production globally, reflecting the interconnection between global production and consumption through technological progress.

In response to the Sino-US w88 login deficit issue, Zhao Zhongxiu pointed out through in-depth analysis that the evaluation of w88 login surplus and deficit cannot be based on superficial data. Economic globalization has deeply integrated the economies of various countries, jointly promoted production development, and improved the welfare of global consumers.

Zhao Zhongxiu also mentioned that the development of the world economy has formed a "geese formation structure". With the advancement of globalization, international industries are constantly iterating and upgrading, and labor-intensive industries are shifting from developed countries to developing countries, and then moving to areas with lower labor costs.

Zhao Zhongxiu called on tariffs, as an important means to regulate international w88 login, to not be instrumentalized or weaponized, and to become a tool for individual countries to seek personal gain and promote hegemony. Tariffs should return to their original intention of promoting world economic development and become a booster for promoting global economic prosperity.

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