Seminar on the 2026 World Trade Report and Launch of the Chinese Edition Held in Shanghai

This morning, the sub-forum of the 9th Hongqiao International Economic Forumthe Seminar on the *2026 World Trade Report* and the Launch of Its Chinese Editionwas held in Shanghai, with more than 200 representatives from the WTO Secretariat and political, business, and academic circles at home and abroad in attendance. Participants held in-depth exchanges on the WTO's annual flagship report. This year's report is themed "The World Trade System at a Critical Juncture." The report notes that if the multilateral trading system is strengthened, global GDP by 2050 is expected to be about 2.9% higher than the baseline scenarioan increase of about US$3 trillionand global exports could grow by 17.9%. The report also warns that if countries fail to take action and allow multilateral trade rules to be weakened, global output could fall by as much as about 10%.