Xi calls for multilateralism to fight pandemic, recession

Four initiatives on upholding multilateralism

1.  Consultation in intl affairs

Multilateralism is about having international affairs addressed through consultation and the future of the world decided by everyone working together.

To build small circles or start a new Cold War will only push the world into division and even confrontation. We cannot tackle common challenges in a divided world, and confrontation will lead us to a dead end.

We should build an open world economy, uphold the multilateral trading regime, discard discriminatory and exclusionary standards, rules and systems, and take down barriers to trade, investment and technological exchanges.

We should strengthen the G20 as the premier forum for global economic governance, engage in closer macroeconomic policy coordination, and keep the global industrial and supply chains stable and open.