On December 9, Premier Li Qiang of the State Council held the “1+10” Dialogue with heads of major international economic organizations at the Diaoyutai State Guesthouse in Beijing. President of the New Development Bank Dilma Rousseff, President of the World Bank Group Ajay Banga, Managing Director of the International Monetary Fund Kristalina Georgieva, Director-General of the World Trade Organization Ngozi Okonjo-Iweala, Secretary-General of UN Trade and Development Rebeca Grynspan, Director-General of the International Labour Organization Gilbert F. Houngbo, General Manager of the Bank for International Settlements Pablo Hernández de Cos, Chair of the Financial Stability Board Andrew Bailey, President of the Asian Infrastructure Investment Bank Jin Liqun, and Deputy Secretary-General of the Organisation for Economic Cooperation and Development Frantisek Ruzicka attended the dialogue.

Premier Li Qiang noted that in September this year, President Xi Jinping solemnly put forward the Global Governance Initiative, offering Chinese wisdom and proposal for the international community to jointly address global changes and tackle pressing issues. With the theme of “Working Together on Global Governance for Shared Development,” the dialogue aims to forge broader consensus and bring parties together to take coordinated and robust actions, so as to build a more just and equitable global governance system and promote common development.

Premier Li Qiang noted that in 2025, the world economy moved forward through twists and turns and against headwinds. The emergence of new developments and new trends made it urgent to reform and improve global economic governance and safeguard the international economic and trade order. Open cooperation serves as a key entry point and an important pathway for implementing the Global Governance Initiative. Only through open cooperation can we create greater space for growth, keep industrial and supply chains smooth and unimpeded, and speed up technological and industrial upgrading. We should open up our markets wider to each other, avoid turning economic and trade issues into political and security ones, strengthen international cooperation on innovation, and work together to foster new drivers of development.

Premier Li Qiang underscored that China remains steadfast in practicing and advocating open cooperation. This year, the Chinese economy has withstood the pressure and made new achievements. We have the confidence and capability to accomplish the goals and tasks for economic and social development this year. Recently, the fourth plenary session of the 20th Central Committee of the Communist Party of China deliberated over and adopted the recommendations for the 15th Five-Year Plan, making a strategic blueprint for China’s development over the next five years. The Chinese economy will maintain a steady and positive momentum. The economic aggregate will reach a new level, industrial upgrading will create new space for development, and the super-sized market demand will be unleashed at a faster pace. China will open its door even wider to the world, and more foreign enterprises are welcome to explore the Chinese market.

Premier Li Qiang emphasized that China is ready to work with all parties to foster a mutually beneficial international economic and trade framework, deepen economic globalization, enhance the authority and effectiveness of multilateral institutions, and forge greater synergy for common development. China will continue to take on international responsibilities commensurate with its capabilities, take a constructive part in international exchanges and cooperation, provide more public goods, and contribute even more to the sound and stable development of the world economy.

The heads of international economic organizations said that over the past year, the Chinese economy has sustained sound growth, and contributed significantly to world economic growth. China’s 15th Five-Year Plan is highly compatible with the growth of international economic and trade activities, which will inject confidence and new impetus into global development. China is setting an example for the world through its firm support for multilateralism, commitment to the development of the Global South, and efforts to promote the building of a community with a shared future for humanity. All parties are willing to enhance communication and collaboration with China in such areas as trade and investment, green development, artificial intelligence, people’s well-being and employment, financial stability, and sustainable development, and hope to work with China to uphold multilateralism and the free trade system and promote global economic development.

Wu Zhenglong was present at the above events.