Forum stresses ties among economies

All economies need to work together to promote financial stability and economic globalization while addressing common challenges facing the global economy like high inflation, rising protectionism and climate change, said experts and central bank governors at a global forum on Monday.

They also said that China's high-quality development will inject more positive energy into global economic growth. They said the world should reduce reliance on the US dollar-centered global financial system, as the United States tends to weaponize the greenback amid rising geopolitical tensions.

They made the remarks at the two-day 2024 Tsinghua PBCSF Global Finance Forum that kicked off on Monday in Hangzhou, Zhejiang province.