G20 is a 'major battlefield' for safeguarding multilateralism

World
Europe

The Group of 20 (G20) is a "major battlefield" for safeguarding multilateralism, and it should send a clear message of upholding multilateralism to lead economic globalization in the right direction, said Liu Xiaoming, Chinese ambassador to Britain, ahead of the G20 summit in Argentina.

In a recently signed article published by British magazine FIRST, Liu said G20 is an important venue for developed and developing countries to engage in consultation and make decisions on an equal footing on issues of development and global governance.

The upcoming G20 meeting, to be held from November 30 to December 1 in Buenos Aires, is themed "Building Consensus for Fair and Sustainable Development." It will focus on issues like the global economy, trade and investment, sustainable development, infrastructure, and climate change.

Under the current circumstances, China and the UK should join hands with other members of the G20 to oppose unilateralism and protectionism, the ambassador said.

"Uphold the world economic order and the multilateral trade regime, safeguard the common interests of all mankind and promote global prosperity and stability."

He said the G20 should continue to prioritize development, including implementing the 2030 Agenda for Sustainable Development, making preferential policies that facilitate development, and creating new driving forces for developing countries to eradicate poverty, tackle the bottlenecks and boost their economy.

"In China, forty years of reform and opening up have not only created a development miracle but also created enormous opportunities for the world," Liu said.

"Going forward, China will continue to expand opening-up, improve IPR (Intellectual Property Right) protection and foster a world-class business-friendly environment."