China, EU can make G20 more inclusive
1 year, 3 months ago

China, EU can make G20 more inclusive

China Daily  

JIN DING/CHINA DAILY The just-concluded G20 Summit in New Delhi may not have been successful on some fronts, possibly due to differences among the member economies, but it provided a good opportunity for Premier Li Qiang to hold talks with European leaders and make them better aware of China's policies. There are enough reasons for China and European countries to work together to make the G20 mechanism more resilient, and turn the grouping into a platform for effective coordination between the Global North and the Global South to achieve the goals of the UN 2030 Agenda for Sustainable Development. Second, China and the EU can work together to propel global digital development through the G20. They can also help less-developed countries develop and introduce digital payment systems and provide digital public services, as well as strengthen cooperation in digital trade documents, promote mutual recognition of electronic document standards, and make regional free trade agreements more open and inclusive. And since China and the EU both uphold multilateralism, they should strengthen multilateral cooperation, and work together to make the World Trade Organization, the International Monetary Fund, the World Bank and other multilateral trade and financial bodies more open and fair and increase the participation and say of developing countries.

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