G20 members urged to fight unilateralism

China's finance minister called for joint efforts from G20 members to firmly safeguard the multilateral trading system and oppose unilateralism against a backdrop of global trade tensions and economic uncertainties confronting emerging markets.

As an important international economic cooperation platform, the G20 needs to further strengthen economic policy coordination, Liu Kun, the minister of finance, said in a statement released by the ministry on Monday.

Liu attended a meeting of G20 finance ministers and central bank governors on Sunday in Buenos Aires, Argentina. During the meeting, he contended that while the global economy is on the right track, uncertainties and unstable elements like anti-globalization, unilateralism and protectionism still exist.