Remarks by H.E. Wang Yi
State Councilor and Foreign Minister of the People's Republic of China
At the G20 Foreign Ministers' Meeting

Beijing, 29 June 2021

Colleagues,

At present, the world still faces a grim situation of COVID-19. Economic recovery varies from country to country. The G20 needs to advocate the spirit of partnership and make efforts in the following five aspects:

First, G20 members need to stay united and work together to lead the way in the global fight against COVID-19. To deliver the outcomes of the Global Health Summit at a faster pace, the G20 needs to, in a science-based manner, step up cooperation on vaccines, diagnostics and therapeutics, coordinate COVID-response efforts, and provide stronger support for developing countries. To date, China has provided over 450 million doses of vaccines to nearly 100 countries. We call on countries with the relevant capacity to refrain from imposing export restrictions and excessive hoarding, and do their part in closing the immunization gap.

Second, G20 members need to uphold multilateralism and rally more support for the stability of the international order. It is important for the G20 to lead by example and practice true multilateralism. We need to firmly uphold the UN-centered international system and international order underpinned by international law. We need to pursue openness and inclusiveness, and oppose seclusion and exclusion. We need to pursue win-win cooperation, and oppose zero-sum game. Multilateralism is not a high-sounding slogan, still less a facade for unilateralism.

Third, G20 members need to enhance openness and coordination, and forge greater impetus to global recovery. We G20 members need to adopt responsible macro-economic policies that have no spillovers to others and that serve the stability of international economic and financial systems. We need to make steadfast efforts to build an open world economy, and keep global supply and industrial chains secure and stable. We need to prevent fragmentation of the international market and politicization of cooperation mechanisms, and dismiss ideology-based rules and standards. We need to advance structural reform in pursuit of high-quality and resilient recovery.

Fourth, G20 members need to uphold inclusiveness and sharing, and garner stronger efforts for sustainable development. We need to scale up efforts to advance the implementation of the 2030 Agenda for Sustainable Development. We need to conduct international climate cooperation in the principle of common but differentiated responsibilities. We also need to prevent the formulation of new trade and investment barriers. China and African countries have jointly launched the Initiative on Partnership for Africa's Development. We welcome more countries and international organizations to join the Initiative.

Fifth, G20 members need to take a problem-oriented approach, and make the global governance system more responsive. We need to strengthen the role of the World Health Organization, and build up the global disease prevention and control system. We need to uphold the authority and effectiveness of the multilateral trading system, and resume the normal operation of the WTO Appellate Body as soon as possible. The 16th General Quota Review of the International Monetary Fund needs to be completed as scheduled. In new areas such as digital economy and AI, we need to shore up the weak links in the rules-making, so as to bring new impetus for world economic transformation and growth.

Colleagues,

The Communist Party of China (CPC) is about to celebrate its centenary. Over the past one hundred years, the CPC has rallied and led the Chinese people to embark on the path of socialism with Chinese characteristics that suits China and has strong support from the Chinese people. Such endeavors have benefited not only the Chinese people, but also the whole world. China has lifted over 700 million people out of poverty, contributing over 70 percent of the global poverty reduction. In the last 20 years after joining the WTO, China has fully honored its commitments upon the accession, and expanded its opening-up. China has contributed nearly 30 percent of global growth on annual average. At trying times such as the international financial crisis and COVID-19 pandemic, China never gives up solidarity and partnership with other countries.

China is ready to work with all parties for the success of the Rome Summit and toward building a community with a shared future for mankind!

Thank you.