Premier Li Qiang Advocates for Open Global Economy at G20 Summit
Johannesburg, South Africa – Chinese Premier Li Qiang addressed the 20th Group of Twenty (G20) Summit in Johannesburg, South Africa, on November 22-23, 2025, urging member economies to steadfastly uphold free trade and build an open world economy. His remarks came amidst a backdrop of a sluggish global economic recovery, rising unilateralism, and escalating trade restrictions.
During the first session of the summit, which focused on inclusive and sustainable economic growth, Premier Li emphasized the critical need for solidarity among G20 members. He called for concerted efforts to properly handle disputes and frictions through consultation on the basis of equality, stressing the importance of seeking common ground while reserving differences.
Call for Multilateralism and Institutional Reform
Premier Li Qiang underscored the necessity for G20 economies to advance with the times and take the lead in upholding multilateralism when facing governance difficulties. He urged the acceleration of reforms within international institutions, including the World Bank and the International Monetary Fund (IMF), to better reflect the current global economic landscape and address challenges.
The Chinese Premier highlighted that the world economy is currently confronted with major challenges, including a rise in protectionism and prominent weaknesses in global cooperation mechanisms that hinder international solidarity. He called on the G20 to squarely face these problems, explore solutions, and guide all parties back to a path of solidarity and cooperation.
Historic Summit in Africa and China's Commitments
The 20th G20 Summit marked a historic occasion as it was the first time the gathering was held on the African continent, underscoring the rising role of the Global South in global governance. The summit's theme, 'Solidarity, Equality and Sustainability,' resonated with Premier Li's message.
Premier Li Qiang also noted China's commitment to global development, stating that China has released an action plan for implementing the G20 Initiative on Supporting Industrialization in Africa and Least Developed Countries. This initiative aims to promote common development among all countries. He reiterated China's readiness to work with South Africa to enhance coordination within the G20 and other multilateral platforms, uphold the multilateral trading system, and promote the reform of the global governance system to safeguard the common interests of developing countries.
5 Comments
Bella Ciao
Don't fall for the 'open economy' talk. It's about expanding their influence.
Leonardo
Easy to call for free trade when you've already built your industrial base behind tariffs.
Donatello
Open markets and free trade are essential for recovery. Good to hear.
Leonardo
Premier Li is absolutely right; multilateralism is the only path forward.
Donatello
The call for solidarity and an open economy is vital given current global challenges. However, genuine free trade requires transparent practices and equal access for all, which can be a complex balance to achieve.