Chinese premier urges G20 to uphold free trade, build open world economy

Transcript

00:00China has urged the group of 20 economies to stay committed to solidarity firmly uphold

00:12free trade and build an open-world economy amid a sluggish global economic recovery speaking at

00:18the first session of the g20 summit in Johannesburg Chinese Premier Li Qiang referenced President

00:24Xi Jinping's message that solidarity is strength division leads nowhere he said that with a rising

00:31unilateralism protectionism and trade confrontation g20 members should explore solutions and help

00:37restore cooperation among all parties disputes should be handled through consultation China

00:44urged the g20 to uphold multilateralism and accelerate reforms of institutions including

00:50the World Bank and the WTO and enhance the voice of developing countries and lead noted China's

00:57action plan for implementing the g20 initiative on supporting industrialization in Africa and least

01:04developed countries China supports a debt reduction for developing countries it has launched with South

01:10Africa a cooperative initiative for Africa's modernization China will also establish the

01:16institute of global development