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G20 in Washington: Chinese mainland urges equal tariff dialogue

Finance ministers and central bank governors from the G20 major economies have convened in Washington for a two-day meeting focused on tackling global economic challenges, including trade tensions and market uncertainties.

Lan Fo'an, the finance minister of the Chinese mainland, stressed that trade and tariff disputes must be resolved through equal dialogue and consultation, arguing that balanced talks can help restore stability and build mutual trust.

Pan Gongsheng, governor of the People's Bank of the Chinese mainland, reaffirmed the Chinese mainland's commitment to opening its markets, supporting free trade, and upholding the multilateral trading system. 'Unilateralism and protectionism are ineffective,' he warned, calling for stronger international cooperation to prevent a future marked by high friction and low trust among nations.

As global economies navigate rising uncertainties, Washington's G20 gathering serves as a critical platform for collaboration. Delegates aim to foster resilient partnerships and steer clear of policies that risk fragmenting the world economy.

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