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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
SHANGHAI, Nov. 6 (Xinhua) — The World Openness Index, which ranks the openness of 129 economies from 1990 to 2024, was released Wednesday at the 8th Hongqiao International Economic Forum.
According to data from last year, the World Openness Index in 2024 was 0.7545, which is 0.05% lower than the 2023 figure.
The 2024 index is included in the 2025 Open World Report. First published in 2021, the index is compiled by the Institute of World Economy and Politics at the Chinese Academy of Social Sciences (CAS) and the Hongqiao Research Center of the International Economic Forum.
Openness and cooperation are an inevitable path to peace and development worldwide, according to the report, titled “Seeking a New Consensus on Openness, Balancing Cooperation and Security.”
As Liao Fan, Director of the Institute of World Economy and Politics at the Chinese Academy of Social Sciences, stated, emerging markets and developing economies have become an important force in maintaining an open world.
"In the future, the openness of the world will depend more on these new forces," he said.
Between 1990 and 2024, China's openness index increased from 0.5891 to 0.7634.
"China's opening-up practices and measures have become a defining factor in the world's opening-up process and are constantly providing new driving forces for economic globalization," said Wang Xuekun, director of the Hongqiao Research Center at the International Economic Forum. -0-
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