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17 years after entering WTO, China remains vigorous advocate for multilateralism

Xinhua | Updated: 2018-12-12 16:08
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Contribute to global governance

China has stayed on the path of peaceful development, got actively involved in global economic governance, and actively supported other developing countries in their development, Xi said at the APEC CEO Summit in November that "we have implemented responsible macroeconomic policies and contributed a significant share of global growth."

The global governance framework underpinned by the United Nations (UN) and comprising the International Monetary Fund (IMF), the World Bank, the WTO and other institutions has been "pivotal to global peace and development" in the past decades, Xi said in his APEC CEO Summit speech.

China has now engaged in all-round contribution to the global governance which has yielded bountiful results. UN General Assembly President Maria Fernanda Espinosa applauded China's "critical role" in tackling climate change, and said she is impressed with the fact that the world's second largest economy has met its 2020 targets three years ahead of schedule.

No matter how the situation changes, China will uphold multilateralism and support the UN to play an even bigger role, Xi said when meeting with UN Secretary-General Antonio Guterres on Nov 30.

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