CHINESE Premier Li Qiang on Saturday urged the Group of 20 (G20) economies to stay committed to solidarity, firmly uphold free trade and build an open world economy in the face of a sluggish global economic recovery.
Li made the remarks while addressing the first session of the 20th G20 Summit in Johannesburg, which focused on inclusive and sustainable economic growth and was chaired by South African President Cyril Ramaphosa.
Chinese President Xi Jinping pointed out at the 17th G20 Summit that solidarity is strength, but division leads nowhere, Li said. Over the years, G20 members from different regions and with different systems and cultures have managed to overcome one challenge after another and promote global progress and development, thanks to the spirit of solidarity, he added.
Today, the world economy is once again confronted with major challenges, marked by a rise in unilateralism and protectionism, as well as escalating trade restrictions and confrontations, Li said.
Meanwhile, World leaders at the 20th Group of 20 (G20) Summit reached broad consensus on disaster resilience, debt sustainability, just energy transitions and critical minerals as they adopted the G20 South Africa Summit’s Leaders’ Declaration on Saturday.
The announcement of the declaration’s adoption was made at the opening of the summit, the first ever held in Africa. The two-day gathering is being held in Johannesburg under the theme “Solidarity, Equality and Sustainability”.
Xinhua
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