Global governance needs the wisdom of China

In a time of global economic downturn, changing geopolitical patterns and economic uncertainty, globalization is encountering difficulties and the world economy is suffering in the confusion.

China's proposals at the G20 Hangzhou Summit to innovate growth patterns, improve international financial governance, revitalize international trade and investment as key engines of growth, and boost inclusive and interconnected development, point the way for the world.

China's prescription for world economic development has been endorsed globally, because it reflects the country's wisdom in the five aspects listed below: