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Experts: Global solidarity needed to fight COVID-19, economic slowdown

By Ouyang Shijia | chinadaily.com.cn | Updated: 2020-07-30 14:13
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Masahiro Kawai, former president of the Asian Development Bank Institute (ADBI), professor and director-general of Economic Research Institute for Northeast Asia, speaks at the Global Think Tank Webinar - "Stronger together: Global recovery from COVID-19" in Beijing on July 29, 2020. [Photo by Feng Yongbin/China Daily]
Zhang Yuyan, director of Institute of World Economics and Politics, CASS, speaks at the Global Think Tank Webinar - "Stronger together: Global recovery from COVID-19" in Beijing on July 29, 2020. [Photo by Feng Yongbin/China Daily]

Zhang Yuyan, director of Institute of World Economics and Politics under CASS，who chaired the webinar, cited the Chinese saying "sailing in the same boat, together we will overcome difficulties". Zhang said countries around the world need to work together to overcome the coronavirus crisis.

"We cannot ignore the basic laws of economic operation, and we must optimize the international division of labor system and promote free trade to boost economic development".

The Institute of World Economics and Politics released the "Fight the COVID-19 Pandemic and Improve Global Health Governance" report during the webinar.

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