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Balanced world community

By Ma Zhaoxu | China Daily | Updated: 2013-02-20 07:15

China to expand cooperation, properly handle differences and work for mutual benefit in exercising global governance

The world's political and economic landscape is undergoing major adjustments and changes. Although some progress has been made in the reform of global economic governance, the financial crisis is not yet behind us and the structural problems exposed by the crisis have not been fundamentally resolved. The world economy is experiencing a weak recovery, global issues such as food, energy and resource shortages are becoming more pronounced, and the development gap between the North and the South is widening.

National interests have become increasingly intertwined as a result of economic globalization, and the international community must demonstrate a spirit of unity to meet common challenges and fix the flaws in the global institutions.

Balanced world community

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