Premier Li Calls for G20 Unity to Boost Global Economic Recovery

Chinese Premier Li Qiang urged G20 members to strengthen multilateral cooperation and reject protectionism during his address at the 20th G20 Summit in Johannesburg this week. Speaking on November 22, 2025, Li emphasized the need for collective action amid a sluggish global recovery marked by rising trade restrictions.

Upholding Free Trade

Li reiterated President Xi Jinping's past message that "solidarity is strength," urging members to resolve disputes through dialogue and preserve the rules-based international order. He highlighted China's new action plan to support industrialization in Africa and least-developed countries, aligning with the G20's sustainable growth agenda.

Reforming Global Institutions

The premier called for modernizing the World Bank, IMF, and WTO to better reflect developing nations' interests. China announced plans to establish an Institute of Global Development and co-launch an Africa modernization initiative with South Africa, reinforcing its commitment to South-South cooperation.

Balancing Divergent Interests

While acknowledging governance challenges, Li stressed the importance of finding common ground to address food security, debt relief, and climate-related economic risks. His remarks come as G20 members navigate competing priorities in energy transitions and supply chain resilience.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top