China Reaffirms Commitment to High-Standard Opening Up and Inclusive Global Growth

China has said it will continue to expand high-standard opening up, share development opportunities with other countries, and bring greater certainty and stability to the world economy.

Chinese Vice Premier Zhang Guoqing made the remarks on Thursday while addressing the World Convergence Summit for Growth via video link at the invitation of the French government. Zhang is also a member of the Political Bureau of the Communist Party of China Central Committee.

Zhang said the four global initiatives proposed by the Chinese head of state provide guidance and momentum for promoting world peace and development.

He called for giving priority to development, improving global governance, and promoting inclusive growth of the world economy.

According to Zhang, all countries should uphold openness and cooperation, view the comparative advantages of different nations objectively, foster a free and facilitative trading environment, and practice true multilateralism.

He stressed that China remains firmly committed to expanding high-standard opening up. China will continue to share development opportunities with the international community and contribute more certainty and stability to the global economy, he said.

The World Convergence Summit for Growth was hosted by France and chaired by French President Emmanuel Macron.

The meeting was attended by German Chancellor Friedrich Merz, Canadian Prime Minister Mark Carney, as well as high-level representatives from the United States, Brazil, India, Italy, Japan, the Republic of Korea and the United Kingdom. Leaders of a European Union institution and the International Monetary Fund also participated in the summit.

The conference is viewed as an effort to promote dialogue among major economies on global development, trade, governance and inclusive economic growth at a time when the world economy continues to face uncertainty and structural challenges.