Abstract

Despite having impacted the world profoundly, the COVID-19 pandemic cannot change the course of economic globalization but will instead accelerate the new round of economic globalization. Economic globalization is a double-edged sword, which accelerates scientific and technological development and promotes economic growth and world peace but at the same time also contributes to imbalances. As an initiator, promoter, and one of the most important major countries in the new round of economic globalization, China is expected by the international community to play a greater role in reconstructing international economic and trade rules and reforming the global governance system. In the post-pandemic era, the challenges facing the international community lie not only in economic recovery and development but also in the reconstruction and innovation of international economic and trade rules and the reform and improvement of the global governance system. Actively participating in the reconstruction and innovation of international rules and promoting the reform and improvement of the global governance system is not only an important strategic choice for China to realize the Chinese Dream of national rejuvenation but also the expectation of the international community that China can play a more significant role in the world. The development of the global value chains in the post-pandemic era demands profound adjustment and improvement of itself, calling for the reconstruction and innovation of international economic and trade rules and the reform and improvement of the global economic governance system.

Full Text
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