On the 15th local time, the World Trade Organization released the “2025 Global Value Chain Development Report” in Geneva, Switzerland. The report points out that despite being constrained by actual factors such as geopolitical tension, financial uncertainty, and climate pressure, the overall global value chain remains resilient and continues to be restructured. WTO Director General Ivira said that globalization is not over, and trade in global value chains will account for 46.3% in 2023. According to the report, the value chain is being restructured through multiple dimensions such as regional layout adjustments, digitalization and automation, industrial policies, and green investment, but rising trade costs and lack of financing still pose challenges to marginal economies.

On the 15th local time, the World Trade Organization released the “2025 Global Value Chain Development Report” in Geneva, Switzerland. The report points out that despite being constrained by actual factors such as geopolitical tension, financial uncertainty, and climate pressure, the overall global value chain remains resilient and continues to be restructured. WTO Director General Ivira said that globalization is not over, and trade in global value chains will account for 46.3% in 2023. According to the report, the value chain is being restructured through multiple dimensions such as regional layout adjustments, digitalization and automation, industrial policies, and green investment, but rising trade costs and lack of financing still pose challenges to marginal economies.