blished after Wo上海后花园女神会所rld War II and have long played a positive role in addressing global issues and ensuring the world’s economic stability and
development, he said. But as time has passed, some of the mechanisms have run into challenges.
Take the World Trade Organization. Xiong said it is in unpreceden
ted crisis as its dispute-solving mechanism is challenged, its clauses on security exc
eptions and unilateral measures are abused, and negotiations on some agendas progress slowly.
“To solve such problems, we need to improve and consolidate multilateral mechanisms a
s soon as possible,” he said. “As countries become more domestic-focused, and unilateralism as we
ll as protectionism are rising, China’s support for, and promotion of, multilateralism is more important than ever.”
China has been working with G20 countries on macroeconomic policy coordin
ation, global financial governance and sustainable development, and held a successful G20 s