China hosted the \"1+10\" dialogue in Beijing on Monday, bringing together leaders from ten prominent international economic organizations. The meeting, attended by figures such as New Development Bank President Dilma Rousseff, World Bank President Ajay Banga, IMF Managing Director Kristalina Georgieva, WTO Director-General Ngozi Okonjo-Iweala, and UN Trade and Development Secretary-General Rebeca Grynspan, focused on China's economic trajectory and its global impact.
Liao Min, the vice minister of finance, shared insights from the dialogue, highlighting the consensus among the representatives regarding China's impressive progress in fostering economic growth and implementing structural adjustments. The leaders expressed strong belief in the Chinese government\u2019s ability to bolster market confidence, ensuring stable and sustainable economic expansion.
Furthermore, the discussions emphasized that China's economic transformation is poised to benefit the global economy. The representatives underscored the importance of China's role in enhancing the resilience of its domestic economy, which has consistently contributed around 30 percent to the global economy for over a decade. Liao Min affirmed that China remains committed to injecting certainty and predictability into the world economy through its stable development.
This collaborative dialogue underscores China's pivotal position in the international economic landscape and its ongoing commitment to global economic stability and growth.
Reference(s):
Heads of intl organizations confident in China's economy: official
cgtn.com
