China asks G20 countries to resolutely advance economic globalisation, calls for unity and cooperation

Chinese Premier Li Qiang, G20, G20 Summit,
Image Source : PTI Chinese Premier Li Qiang and Prime Minister Narendra Modi

G20 Summit: Chinese Premier Li Qiang on Saturday addressed the first session of the 18th G20 Summit in New Delhi. During his address, Qiang underlined the need for unity amongst the G20 members. He further called for cooperation, inclusion and resolute support for economic globalisation. Li, the number two ranked leader of the ruling Communist Party of China (CPC), is currently in New Delhi to attend the annual G20 summit.

Premier Li said the influential grouping needs “unity instead of division, cooperation instead of confrontation, and inclusion instead of exclusion.” Li urged the G20 members to resolutely promote economic globalisation and jointly maintain the stability and smoothness of industrial and supply chains, China’s state-run Xinhua news agency reported.

He urged G20 members to act as partners in promoting global economic recovery

The G20 members should stick to the original aspiration of unity and cooperation, and shoulder the responsibility of the times for peace and development, he said. Li urged the G20 members to act as partners in promoting global economic recovery through effectively strengthening macro-economic policy coordination to convey confidence and provide impetus for world economic growth. The G20 members should also work together to protect the Earth’s green home, promote green and low-carbon development, protect the marine ecological environment, and be partners in promoting global sustainable development, he said.

Li also highlighted President Xi’s new initiatives such as the Global Development Initiative (GDI), the Global Security Initiative (GSI), and the Global Civilization Initiative (GCI) aimed at promoting closer relations between countries. Noting that humanity shares a common destiny, Li urged all countries to respect one another, seek common ground while shelving differences, and live together peacefully. He added that no one can remain immune in the face of major crises and common challenges.

 Li said China will steadfastly deepen reforms

Solidarity and cooperation are the right path for the world, he said. On Chinese economy, which is struggling to recover post-COVID lockdowns, Li said China will steadfastly deepen reforms, expand opening-up, promote high-quality development, and advance modernisation. The bright prospect of China’s development will surely inject more new vitality into global economic recovery and sustainable development, Li said, adding that China is ready to work with all parties to make greater efforts and contributions for the shared Earth, the shared homeland, and the shared future of humanity.

(with inputs from PTI)

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