China is ready to join hands with the international community to fully implement the Global Governance Initiative (GGI), build a more just and reasonable global governance system, and create a brighter future for humanity, Foreign Minister Wang Yi said on Monday.
Wang, who is also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks while addressing the Lanting Forum on Improving Global Governance to Build a Community with a Shared Future for Humanity, which was held at the Ministry of Foreign Affairs in Beijing.
Noting that the GGI is a major, new global public good contributed by China, Wang said together with the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative, the GGI promises much needed stability and provides certainty in this volatile world, and has received swift and clear support from more than 140 countries and international organizations.
Wang said that China is ready to work with all parties to put the GGI into action, pledging to engage consistently in equal consultation, listen to different views, and take useful advice with an open mind to build maximum consensus.
He added that China will promote global governance reform with gradual and sustained efforts to make it beneficial to the whole world.
"The tide of history is irreversible, and a multipolar world is on the rise. The Global Governance Initiative upholds the principles of extensive consultation, joint contribution, and shared benefits. It advocates that global affairs should be discussed by all, the governance system should be built by all, and the fruits of governance should be shared by all -- while rejecting all forms of unilateralism," Wang said.
Wang called for jointly upholding the authority and status of the United Nations to cement the foundation of global governance. All countries should uphold the UN Charter and the basic norms governing international relations and fulfill international obligations in their entirety and in good faith, said Wang.
Noting China supports the UN consistently and firmly, Wang called on all countries to engage with the UN on cooperation agendas across poverty reduction, infrastructure, education and health.
He went on to point out that all sides should work together to advance common development to enhance the efficacy of global governance, adding that China calls for an end to politicizing economic and trade issues, fragmenting the global market, and reckless decisions to wage trade and tariff wars.
Wang also called for putting development back at the center of the international agenda, mobilizing global resources for development, and fostering an equal and balanced global development partnership.
China will open its door ever wider, Wang said, adding that the country will share development opportunities with more countries and peoples.
"The Fourth Plenary Session of the 20th CPC Central Committee has just successfully concluded. The meeting adopted the recommendations for the 15th Five-Year Plan, a grand blueprint for China‘s economic and social development in the next five years. It also reflects China’s vision of cooperation and mutual benefit with the rest of the world. The meeting emphasized the need to further expand high-level opening-up and foster new prospects for win-win cooperation," he added.
In the face of pressing challenges, Wang said developed countries must earnestly fulfill their emission reduction commitments, and provide financial and technological support to developing countries, adding China supports the UN as the main channel in global AI governance.
Wang stressed the need to respond to the aspirations of the Global South and improve the global governance architecture.
He said that China supports advancing the realignment of IMF quota shares and a review of the shareholding structure at the World Bank according to the agreed timeframe and roadmap, adding that the country also supports the Asian Infrastructure Investment Bank and the New Development Bank in playing a greater role.
He also pointed out that all sides should fully leverage the roles of diverse stakeholders and pool strength for global governance. As China will soon assume the rotating presidency of APEC 2026, Wang said China looks forward to working with all sides to advance the building of an Asia-Pacific community and a Free Trade Area in the Asia-Pacific.
China firmly supports the high-quality development of BRICS cooperation, and welcomes more countries to join the International Organization for Mediation as a means to resolve differences, promote reconciliation and safeguard peace, he added.
The attendees to the forum included former UN Under-Secretary-General Erik Solheim, former UNESCO Director-General Irina Bokova, Professor Graham Allison of Harvard University, Asian Infrastructure Investment Bank President Jin Liqun, and other high-level representatives and renowned experts and scholars from home and abroad, as well as members of the diplomatic corps and representatives of international organizations in China.
China ready to work with int'l community on governance: FM
China ready to work with int'l community on governance: FM
