China's development environment faces complex and profound changes as the international balance of power shifts. At the 8th Hongqiao International Economic Forum, Kishore Mahbubani, Singapore's former permanent representative to the United Nations, tells CGTN's host Wang Guan that the world is entering the "3M" era, in which multilateralism, multipolarity, and multi-civilization will be the main forces. While global changes continue, China will remain open, share opportunities and work toward common development with countries around the world.