Chinese Foreign Minister Wang Yi on Wednesday outlined five priorities for advancing global governance at a press conference in Beijing marking the release of a white paper on China's proposals for a more just and equitable international system.
The white paper, titled "More Just and Equitable Global Governance: China's Principles, Proposals and Actions," calls on all parties to work together to advance the Global Governance Initiative (GGI), which is drawing broad support from the international community.
Wang said that as the world enters a new period of turbulence and transformation, the international community needs to revitalize multilateralism, uphold the rule of law, and enhance governance effectiveness more than ever.
On upholding the UN's central role, Wang called for implementing the UN80 Initiative to improve the UN's efficiency, strengthen the UN Security Council's capacity, and jointly resist any unilateral actions that bypass the Security Council.
On easing regional tensions, Wang stressed the importance of dialogue and the political settlement of hotspot issues.
"The pressing priority is for all parties to meet each other halfway, implement a ceasefire, and lay the groundwork for a sustainable security framework in the Middle East," said Wang.
On safeguarding open development, Wang reaffirmed China's commitment to the multilateral trading system with the World Trade Organization (WTO) at its core.
"China will further expand high-level opening up, push forward the building of Asia-Pacific community, and share its development opportunities with the rest of the world," he said.
On leveraging the role of the Global South, Wang called for high-quality cooperation under the greater BRICS framework and the SCO, and pushed for reforms of the International Monetary Fund (IMF) and the World Bank to give developing countries greater voice and a bigger seat at the table in international affairs.
"We should promote high-quality cooperation under the greater BRICS and the SCO, back Global South countries in hosting multilateral summits, and unite these countries' collective efforts," said Wang.
In addressing governance gaps in new frontiers, Wang emphasized the need to keep climate governance on track, uphold the principle of common but differentiated responsibilities, and improve governance rules for outer space, the polar regions, and cyberspace.
He also emphasized that China is stepping up preparations to establish the World Artificial Intelligence Cooperation Organization and welcomes all parties to join.
Chinese FM outlines five priorities for global governance as white paper released
