Quotable quotes from Tsinghua PBCSF Global Finance Forum

chinadaily.com.cn | Updated: 2021-05-24 13:40
Share - WeChat
Zhu Min, former deputy managing director of the International Monetary Fund. [Photo/gff.pbcsf.tsinghua.edu.cn]

Zhu Min, former deputy managing director of the International Monetary Fund

The outbreak of the COVID-19 pandemic shows that the global economic and financial governance system built 70 years ago is extremely outdated, Zhu said. It has lagged far behind the reality and needs of the global economy and can no longer provide sufficient public products for global economic development and changes.

“Therefore, when we are considering reforming and building a new global governance mechanism to cover and address new major challenges, we need to consider top-level design, which is to build the G20 to become the top leadership of the global economic governance. We need to specify its functions, status, and implementation capabilities, and build the G20 into a true political force that represents the global economy and finance,” Zhu said.

|<< Previous 1 2 3 4 5 6 7 8 9 Next   >>|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349