President Xi Says Global Recovery Rather Shaky, Prospects Still Uncertain

While delivering his remarks at a virtual meeting of the World Economic Forum on Monday, China’s president, Xi Jinping, has said that the world needs to strengthen macroeconomic policy coordination, as reported by Reuters.

Additional comments:

The global recovery is quite shaky and the outlook remains uncertain“.

“The north-south difference runs the risk of widening even further and even perpetuating itself.”

“The international community must provide the necessary support to developing countries and safeguard their legitimate development interests. “

“The way out of today’s challenges is defend multilateralism“.

The world should remove barriers to trade, investment and technology exchanges“.

“There is a need to improve the governance of public health.”

“It is necessary to consolidate the position of the G20 as the main platform for global economic governance.”

“We need maintain the stability of the global industrial chain and supply chain, maintain the stable functioning of the global financial system, promote structural reforms and expand total global demand“.

Scientific and technological achievements must benefit all of humanity, does not mean to restrict or contain the developments of other countries “.

“China will participate more actively in global economic governance.”

“It is in neither party’s interest to deglobalize and dissociate due to the epidemic.”

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