Development is the foundation for solving problems

Currently, global geopolitical tensions, evolving economic patterns, and disordered industrial and supply chains are challenging the world. Development is the foundation and prerequisite for solving all problems, said Chi Fulin, president of China Institute for Reform and Development.

"RCEP, with developing countries as the main body, regard common development as its core interest. The next 5-10 years will be a critical stage for the release of RCEP policy dividends."