In his speech, Wang said that the COVID-19 pandemic was causing accelerated adjustments around the world, and that the global trade chain, origin chain, and price chain were restructuring at an immediate rate. Therefore, the Chinese government has proposed a new economic strategy of building a “dual circulation” progression model, in which the domestic and foreign markets can mutually and “domestic circulation” is the pillar. In such circumstances, the China Elite Entrepreneurs Summit embodies the role of the Yabuli China Entrepreneurs Forum in supporting the country’s economic progression, and it is of remarkable importance for Qingdao to expand into a fashionable foreign city and build a new foreign platform for cooperation in the background. and Road Initiative.
During his speech, Wang recalled his participation in the 1st Yabuli Chinese Entrepreneurs Forum in Harbin in the winter of 2001. On the theme “New Millennium, New Economy”, the occasion took place after the announcement of China’s accession to the WTO, and Chinese marketers were excited and some were also concerned about the challenging situations and opportunities of globalization. However, as a participant in the 2020 forum, Wang said that China, the world’s second-largest economy, has seen dramatic adjustments in more than 20 years, and today’s forum topics have been repositioned from those of how to maintain speed with the trend of globalization to how to deal with deglobalization.