Insight | China actively participates in multilateral mechanisms such as the G20 to promote inclusive global growth | G20 | Global
Recently, Chinese Premier Li Qiang attended the 18th G20 Summit in New Delhi, India and delivered a speech. Li Qiang elaborated on the concept of "three partners" in his speech, emphasizing the "three wants and three don'ts" and proposing a Chinese plan for members of the G20 and other countries to jointly respond to global crises and strengthen unity and cooperation.
Li Qiang pointed out that "China will unswervingly deepen reform, expand opening up, promote high-quality development, and promote Chinese path to modernization" "G20 members should stick to the original intention of solidarity and cooperation" "We should unite instead of splitting, cooperate instead of confrontation, and tolerate instead of repelling."
Dong Ting, Assistant Researcher at the Center for Strategic and Security Studies at Tsinghua University, stated in an interview with China Net that these statements reflect China's concern and expectations for the current evolution of the world economic and political situation, namely focusing on high-quality development, looking forward to deepening mutually beneficial cooperation, and opposing factional confrontation.
She believed that by welcoming all parties to actively participate in the Global Service Trade Summit, the 6th China International Import Expo, the 3rd "the Belt and Road" International Cooperation Summit Forum and other initiatives, China is and will demonstrate its contribution to promoting global inclusive growth with practical actions.
Dong Ting told reporters that this year's G20 summit continues the tradition of making the digital economy the core theme of last year's G20 summit, but the focus is slightly different: the "digital public infrastructure construction" advocated at this year's G20 summit is a concretization of the "digital transformation" discussed at last year's G20 summit. Against the backdrop of profound changes in the geopolitical situation, the level of cooperation among member countries in cross-border infrastructure construction in the digital economy after the summit deserves further attention.
For over a decade, the reform of multilateral financial institutions, including the World Bank, has been a topic of discussion at previous G20 summits. Dong Ting believes that "multilateralism" expresses more of the demands of members of low - and middle-income countries. To what extent the communiqu é issued around this issue can be implemented, it needs to be tracked and observed.
"Unlike the background of the global economic crisis at the beginning of the establishment of the mechanism, the fragmented trend of the world economy and political landscape today is obvious, and the symbolic significance of the summit is higher than the substantive effect." She said that since its establishment, the joint statements of the G20 have not been mandatory, and many countries are facing the problem of weak follow-up implementation. This is also a reality that global governance, including the G20 mechanism, must face in the long term.
However, at this G20 summit, issues of concern to the "global South" were included in the summit agenda, and the African Union successfully joined. Dong Ting believes that this indicates that every country is starting to strive for its own space in political, economic, and social governance.
The theme of this summit is "One Earth, One Home, One Future". As the world's second largest economy and a permanent member of the United Nations, China has actively participated in multilateral mechanisms such as the G20, and is committed to contributing to enhancing world cooperation and exchanges, and promoting the construction of a community with a shared future for mankind.
