World Trade Organization: Global Value Chains Show Resilience and are Accelerating Restructuring.

On the 15th local time, the World Trade Organization released the "Global Value Chain Development Report 2025" in Geneva, Switzerland. The report points out that despite constraints such as geopolitical tensions, financial uncertainty, and climate pressures, the global value chain overall remains resilient and continues to evolve. WTO Director-General Iwila stated that globalization is not ending, with global value chain trade accounting for 46.3% in 2023. The report suggests that value chains are being restructured through regional reorganization, digitalization and automation, industrial policies, and green investment. However, rising trade costs and financing shortages still pose challenges to economies on the margins.