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Chinese president calls for sound operation of international economic and financial system

2021-10-30T18:20:30.997Z


BEIJING, SANA- Chinese President Xi Jinping has called for efforts to ensure the sound operation of the international economic and financial system


Beijing-Sana

Chinese President Xi Jinping has called for efforts to ensure the sound operation of the international economic and financial system and to make global development more equitable, efficient and inclusive.

In a video address to the Group of Twenty (G20) summit in Rome today, the Chinese president stressed strengthening macroeconomic policy coordination and ensuring the continuity, consistency and sustainability of policies, and that major economies should adopt reasonable macroeconomic policies to avoid indirect negative effects on countries. developing countries and making global development more equitable, effective and inclusive to ensure that no country is left behind.

Noting that COVID-19 has brought many crises to the world and developing countries in particular, Xi noted that the implementation of the 2030 Agenda for Sustainable Development is facing unprecedented challenges, calling on the G-20 to shoulder its due responsibilities in facing changes and the pandemic that we have not seen in a century, to take into account the future of mankind and the well-being of peoples, and to adhere to openness, inclusiveness and win-win cooperation. Exercising true pluralism and consolidating the building of a common community future for humanity.

The Chinese president also expressed China's willingness to work with all parties to enhance vaccine access and affordability in developing countries and make a positive contribution to building a global defense line through vaccination, noting that China, along with 30 other countries, also launched an initiative of the Belt and Road Partnership on Cooperation In the field of covid 19 vaccines.

During his speech, Xi said that China's development will provide great and new opportunities to the world and inject more momentum into the global economy, and that China will remain committed to the country's core policy of opening up to unleash its huge market potential as well as great domestic demand.

The Chinese president noted that his country will support institutional opening-up including rules, regulations, management and standards, strengthen protection of intellectual property rights, continue to promote a market-based and law-based business environment as well as keep pace with international standards, and ensure a fair and equitable market system for domestic and foreign companies.

Source: sena

All news articles on 2021-10-30

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