Premier Li Qiang has reaffirmed China’s commitment to expanding domestic demand and consumption, further deepening comprehensive reforms, and steadfastly expanding opening up to the world. Speaking during meetings on Sunday and Monday with leaders of major international economic organizations, Li emphasized China’s role in promoting sustained global economic growth.
The meetings took place in Beijing during the “1+10” Dialogue, where Li met with President of the New Development Bank Dilma Rousseff, President of the World Bank Ajay Banga, Director-General of the World Trade Organization Ngozi Okonjo-Iweala, and Managing Director of the International Monetary Fund Kristalina Georgieva.
“Against the backdrop of an international landscape fraught with instability and changes, only by strengthening opening-up, cooperation, and mutual benefit can we jointly promote an early recovery and steady growth of the world economy,” Li said.
He noted that this year, the Chinese economy has enjoyed generally stable growth, with a package of incremental policies recently unveiled. “Market confidence and expectations have been significantly enhanced,” he added. “China will work to inject more impetus and certainty into the recovery and growth of the world economy.”
Li expressed China’s support for the continuous expansion of the New Development Bank and willingness to expand project and financing cooperation to contribute more to the economic and social development of BRICS and developing countries. He also emphasized China’s readiness to strengthen cooperation with the World Bank in international development, loans, and knowledge sharing to improve the quality and efficiency of cooperation.
“China supports the WTO in carrying out necessary reforms, promoting the vitality of the multilateral trading system, and safeguarding economic globalization and free trade,” Li stated. He also affirmed China’s willingness to deepen cooperation with the IMF and make greater contributions to maintaining global financial stability, promoting common development, and tackling climate change.
The leaders of the New Development Bank, the World Bank, the WTO, and the IMF spoke highly of China’s important leading role in safeguarding world peace and development and upholding multilateralism. They noted that China has taken measures and achieved remarkable results in promoting economic growth, improving the business environment, and expanding opening up, bringing impetus and confidence to global economic growth.
They voiced appreciation for China’s long-term support for the work of international economic organizations and its positive contribution to the development of the least developed countries and the Global South. The leaders expressed their commitment to developing stronger and more comprehensive cooperative relations with China and jointly upholding multilateralism and free trade.
The “1+10” Dialogue served as a platform for China and major international economic organizations to reinforce their cooperation, highlighting China’s pivotal role in the global economic landscape and its dedication to fostering mutual benefit and shared growth.
Reference(s):
China to further deepen reform comprehensively, open up: premier
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