China Calls for Free Trade at G20 Summit

Li's Statements Stand Out at the G20 Summit

According to Xinhua, Chinese Premier Li made an important speech at the G20 Summit held in Johannesburg, South Africa. Li highlighted the challenges facing the global economy, stating that the rise of unilateralism and protectionism has led to trade restrictions and polarization.

Emphasis on Multilateralism and Open Economy

Li stressed the need to protect institutions such as the World Trade Organization (WTO), which is central to global trade, and emphasized that G20 countries should lead in advocating for multilateralism. In this context, he expressed the need for improvement and reform in global economic governance.

A Path to a Fair and Open Economic Order

Li also pointed out the necessity to reform international institutions such as the World Bank, International Monetary Fund (IMF), and WTO. He emphasized that the voices of developing countries should be more heard, highlighting the importance of establishing a fairer and more open international economic order.