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Latin America and the Caribbean (LAC) will resume economic growth in 2022, after contracting by 6.7% in all countries due to the effects of the pandemic last year. The recession caused by the epidemic will take years to recover from, and those living in poverty will continue to be the most affected.
Latin America not only has vast territory, rich natural resources, sufficient consumption capacity, and market potential but also has successfully promoted regional economic integration over the years. Latin American investment and trade opportunities should not be underestimated.
The main goal of RCEP is to integrate the existing ASEAN+1FTA and add new regulatory rules, such as e-commerce, telecommunications services, etc., to establish unified trade rules for Asia-Pacific countries.
The green economy is a necessary trend for the global status quo. Governments must also fundamentally reform their policies. It is not easy to achieve this goal, but if we want to move towards sustainable development, the green economy will become key.
The Gig economy is closely related to the platform economy. People can use various types of online platforms to quickly match jobs in real-time so that the types of jobs covered by the gig economy platform are more diversified and the gig workers can develop rapidly.
MERCOSUR will strengthen mutually beneficial cooperation among members in the post-epidemic era, to achieve the goals of expanding export markets, consolidating industrial development, attracting foreign investment, creating employment opportunities, and revitalizing the economy.
With the promotion of China's One Belt One Road policy, Central Asia, located in southern Russia, has become the focus of future economic development.
Bioeconomy has attracted widespread attention. Bioeconomy is an economic form based on biological resources and biotechnology and based on the market operation of biotechnology products.
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