The Global Governance Initiative contributes Chinese solutions for improving global governance

By Yang Yang, China’s Ambassador to Guyana

Currently, the world is undergoing accelerated changes unseen in a century, with frequent regional turmoil, impeded economic development, backlash against globalization, gaps in rules and rule of law, and an intensifying deficit in governance. With the rapid development of a large number of developing countries and emerging market economies, the current global governance system is increasingly failing to meet the needs of the times, and calls for reforming the global governance system are growing louder. Against this backdrop, on September 1, President Xi Jinping put forward the Global Governance Initiative (GGI) at the “Shanghai Cooperation Organization Plus” Meeting, responding to the common aspirations of people in all countries and meeting the urgent needs of the world today. It profoundly addresses the major topics of what kind of global governance system to build and how to reform and improve the global governance system.

First, we should adhere to sovereign equality. We should maintain that all countries, regardless of size, strength and wealth, are equal participants, decision-makers and beneficiaries in global governance. We should promote greater democracy in international relations and increase the representation and voice of developing countries.

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