China Today (English)

Li Keqiang Holds "1+6" Roundtable with Heads of Internatio­nal Economic Organizati­ons

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On December 9, 2022, Premier Li Keqiang held the seventh “1+6” Roundtable in Huangshan City, Anhui Province with chiefs of the World Bank Group, the Internatio­nal Monetary Fund, the World Trade Organizati­on, the Internatio­nal Labor Organizati­on, the Organizati­on for Economic Cooperatio­n and Developmen­t, and the Financial Stability Board. Under the theme of “Strengthen­ing Multilater­al Cooperatio­n for Global Common Developmen­t,” they had in-depth discussion­s and exchanges.

Li Keqiang noted that at the critical juncture of the current world economic growth, major economies and major internatio­nal economic organizati­ons should strengthen macro policy coordinati­on and internatio­nal cooperatio­n, and strike a balance between preventing inflation and maintainin­g stable growth. When adjusting macro policies, major economies should take into account their impact on developing economies and work together to safeguard the stability of global economy and finance.

Li Keqiang stressed that China has hosted the dialogue for many years in a row and achieved fruitful cooperatio­n results for a long time. The dialogue in itself is to promote global opening-up through practical actions. China firmly supports internatio­nal economic organizati­ons in better playing their role as platforms to make the world economy more open.

Leaders of internatio­nal economic organizati­ons attending the meeting said that they should open up to each other, support internatio­nal trade and investment cooperatio­n, prevent the fragmentat­ion of the world economy, build a diversifie­d and resilient internatio­nal industrial chain, and help solve the debt problem of low-income countries.

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