Promoting open world economy emphasized

Premier Li Qiang has called for commitment to building an open world economy and urged opposing unilateralism and protectionism.

When addressing the plenary sessions of the 17th BRICS Summit, which were held in Rio de Janeiro, Brazil, on Sunday and Monday, Li also emphasized that the current international economic and trade order, along with the multilateral trading system, is facing severe challenges, and the path to global economic recovery remains arduous.

Against this backdrop, greater BRICS cooperation should uphold and practice multilateralism, promote the establishment of a fair and open international economic and trade order, pool the strength of the Global South, and make greater contributions to global stability and development, he said.