Finance ministers and central bank governors of the G20 major economies have commenced a two-day meeting in Washington to address global economic challenges. China's Finance Minister Lan Fo'an emphasized the importance of resolving trade and tariff disputes through equal dialogue and consultation. Meanwhile, Pan Gongsheng, governor of the People's Bank of China, reaffirmed China's commitment to opening up, supporting free trade, and upholding the multilateral trading system. He warned that unilateralism and protectionism are ineffective, and called for stronger international cooperation to prevent a future marked by high friction and low trust among nations.