Chinese Premier Li Qiang stated that China will continue opening its vast domestic market to the world, sharing development opportunities with other countries, and strengthening dialogue to appropriately address economic and trade frictions in pursuit of win-win outcomes. His remarks came during the “1+10 Dialogue” held in Beijing with the heads of leading international economic institutions, including NDB President Dilma Rousseff, World Bank President Ajay Banga, IMF Managing Director Kristalina Georgieva, WTO Director-General Ngozi Okonjo-Iweala, and other heads of major organizations.
Li also held separate meetings with Banga, Georgieva, and UNCTAD Secretary-General Rebeca Grynspan. He underscored that rising geopolitical uncertainties and expanding trade and investment restrictions have weakened global economic momentum, heightened fragmentation risks in industrial and supply chains, and dampened global growth prospects. In contrast, China’s economy has maintained stability and is expected to continue improving throughout the 15th Five-Year Plan period.
Li emphasized China’s commitment to expanding domestic demand, bolstering the internal drivers of its economic cycle, and improving the interaction between consumption, investment, supply, and demand. He highlighted efforts to advance the development of a modern industrial system through smart, green, and integrated growth, while strengthening international industrial cooperation and enhancing global supply chain resilience.
He also stressed that China will adopt more proactive macroeconomic policies, address market concerns, and better utilize fiscal and monetary tools to keep growth within a reasonable range. Li reaffirmed China’s support for the UN-centered international system, its dedication to “true multilateralism,” and its intention to work with all parties to promote a more equitable multipolar world and an inclusive form of globalization.
China expressed readiness to deepen cooperation with the World Bank in areas such as knowledge sharing, pension reform, and renminbi-denominated lending; to continue supporting the IMF’s Shanghai Regional Center; and to advance IMF quota reforms while assisting low-income countries. Li also noted China’s interest in expanding collaboration with UNCTAD on green mining, the digital economy, artificial intelligence, and low-carbon transitions.
Banga, Georgieva, and Grynspan commended China’s significant development achievements and its stabilizing role in global economic growth. They expressed expectations that China’s 15th Five-Year Plan would provide important certainty and momentum to the world economy, while praising China’s long-standing support for the Global South. They emphasized their willingness to deepen cooperation with China in areas such as AI, green development, trade, and investment, and affirmed their commitment to safeguarding multilateralism, strengthening the authority of the UN system, and promoting reforms in global governance to advance open, inclusive development.
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