Xi calls on G20 to drive global governance
1 month, 3 weeks ago

Xi calls on G20 to drive global governance

China Daily  

President says development should be priority of international economic and trade agenda President Xi Jinping has urged the G20 to continue to act as a force to improve global governance and move history forward, as the main forum for international economic cooperation is now confronting a more fragmented world economy than it did in 2008, when its first summit was held. To improve global trade governance and build a world economy characterized by openness, the Chinese president said development should be placed at the center of the international economic and trade agenda, and trade and investment liberalization and facilitation should be steadily advanced. Shi Shiwei, a senior research fellow at the University of International Business and Economics' Research Center for China-EU Economic Cooperation, said, "For example, while the United States turns to Mexico and other countries other than China for trade on the pretext of national security, the EU is more focused on its domestic market in the name of diversification." He also urged G20 members to build a greater international consensus in the economic, financial, trade, digital and eco-environmental fields, among others, to improve global governance and promote an equal and orderly multipolar world and universally beneficial and inclusive economic globalization.

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