The “2024 ESG Global Leaders Conference” was held in Shanghai from October 16 to 18. Zhang Xiangchen, Deputy Director-General of the World Trade Organization, gave a speech. Zhang Xiangchen said that at present, digitalization has profoundly changed the pattern of global trade. E-commerce and cross-border data flows provide new opportunities for countries around the world, especially small and medium-sized enterprises, to participate in the global market. As the main formulating agency for global trade rules, the WTO is actively promoting negotiations on digital trade rules with the aim of resolving countries' barriers to cross-border data flows, e-commerce, and consumer protection. The establishment of these rules will create a fairer and more transparent digital trade environment for enterprises in various countries, especially developing countries and small and medium-sized enterprises, and help them better integrate into the global digital economy.

The “2024 ESG Global Leaders Conference” was held in Shanghai from October 16 to 18. Zhang Xiangchen, Deputy Director-General of the World Trade Organization, gave a speech. Zhang Xiangchen said that at present, digitalization has profoundly changed the pattern of global trade. E-commerce and cross-border data flows provide new opportunities for countries around the world, especially small and medium-sized enterprises, to participate in the global market. As the main formulating agency for global trade rules, the WTO is actively promoting negotiations on digital trade rules with the aim of resolving countries' barriers to cross-border data flows, e-commerce, and consumer protection. The establishment of these rules will create a fairer and more transparent digital trade environment for enterprises in various countries, especially developing countries and small and medium-sized enterprises, and help them better integrate into the global digital economy.