BEIJING, Dec. 9 -- Chinese Premier Li Qiang has called for greater mutual opening up among markets, and avoiding politicizing and overstretching the concept of security in economic and trade issues.
Li made the remarks Tuesday when holding the "1+10" Dialogue with heads of major international economic organizations in Beijing.
He also called on countries to bolster international innovation cooperation, and jointly nurture and expand new growth drivers.
The heads of major international economic organizations present at the dialogue were President of the New Development Bank Dilma Rousseff, President of the World Bank Ajay Banga, Managing Director of the International Monetary Fund Kristalina Georgieva, Director-General of the World Trade Organization Ngozi Okonjo-Iweala, Secretary-General of the UN Conference on Trade and Development Rebeca Grynspan, Director-General of the International Labour Organization Gilbert F. Houngbo, General Manager of the Bank for International Settlements Pablo Hernandez de Cos, Chair of the Financial Stability Board Andrew Bailey, President of the Asian Infrastructure Investment Bank Jin Liqun, and Deputy Secretary-General of the Organization for Economic Co-operation and Development Frantisek Ruzicka.
In September, Chinese President Xi Jinping put forward the Global Governance Initiative, offering Chinese wisdom and a Chinese solution for the international community to jointly tackle global changes and address urgent challenges, Li said.
With the theme of "Working Together on Global Governance for Shared Development," the dialogue aimed to further build consensus and encourage all parties to take coordinated and robust actions in order to establish a more just and equitable global governance system and promote common development, the premier said.
Li said that the global economy has had a turbulent and bumpy journey in 2025, advancing with difficulty against the headwinds. With the emergence of new situations and developments, there is an urgent need to reform and improve global economic governance, and to safeguard the international economic and trade order, he said.
Openness and cooperation is key to solving these problems and an important way to implement the Global Governance Initiative, Li said. He noted that only through open cooperation can countries create a larger space for growth, maintain the stability and smooth flows of industrial and supply chains, and accelerate technological and industrial upgrading.
He stressed that China has always practiced and promoted openness and cooperation. China's economy has forged ahead amid pressures and made new achievements this year, Li said, adding that China is confident and capable of accomplishing the whole year's economic and social development goals and tasks.
The fourth plenary session of the 20th Central Committee of the Communist Party of China deliberated and adopted the recommendations for the formulation of the 15th Five-Year Plan, outlining a blueprint for China's development over the next five years, he said.
China's economy will maintain its robust and positive momentum, with its overall economic volume reaching new heights, its industrial upgrading creating new space for development, and its mega-market releasing demand in an accelerating manner, the premier said.
China will continue to open its door wider to the outside world, and welcomes more foreign companies to explore the Chinese market, he added.
China is willing to work with all parties to solidify a win-win international economic and trade landscape, promote the in-depth development of economic globalization, enhance the authority and effectiveness of multilateral mechanisms, and gather greater collective strength to foster common development, Li said.
He said China will continue actively undertaking international obligations commensurate with its capabilities, participate constructively in international exchange and cooperation, provide more public goods, and contribute more to promoting the stable, healthy development of the global economy.
The heads of major international economic organizations said that China's economy has maintained steady, solid growth over the year, making significant contributions to global economic growth.
China's 15th Five-Year Plan is well-aligned with the growth of the international economy and international trade, and will inject confidence and new impetus into global development, they said.
China has been firmly supporting multilateralism and the development of the Global South, and been committed to promoting the building of a community with a shared future for humanity, setting an exemplary model for the world, they said.
The heads of international organizations said they are ready to strengthen communication and collaboration with China in areas such as trade and investment, green development, artificial intelligence, livelihood and employment, financial stability, and sustainable development, and work with China to uphold multilateralism and the free trade system to promote global economic growth.
