Global Governance Challenges - The world is experiencing unprecedented changes, leading to increased instability and uncertainty, making global governance a critical issue for all nations [1][2] - Key global challenges include long-term economic stagnation, frequent regional conflicts, severe climate change, a global food crisis, rising poverty and inequality, and an expanding digital divide [3][4] China's Role in Global Governance - China is actively participating in global governance reforms, advocating for equal rights, opportunities, and rules among nations, and contributing to global peace and development [5][6] - As a major economic power, China has enhanced its international influence and is expected to provide solutions to global challenges [5][6] Economic Governance - Global economic governance is essential for establishing international rules in monetary finance and trade, especially in the face of rising unilateralism and protectionism [7][8] - China emphasizes the need for macroeconomic policy coordination among countries to create an open and inclusive international economic environment [7][8] Financial Governance - There is a call for improving global financial governance to enhance stability and address risks, particularly for developing countries [8][9] - China advocates for reforms in international financial institutions to increase the representation and voice of developing countries [8][9] Trade Governance - China is committed to maintaining a multilateral trade system and opposing unilateralism, contributing to global trade and investment growth through initiatives like the Belt and Road [9][10] - The country aims to restore the normal functioning of the World Trade Organization and promote trade and investment liberalization [9][10] Development Governance - China is addressing global development deficits by providing significant financing for sustainable development projects and sharing its development experiences [10][11] - The country is also focused on bridging the digital divide and enhancing technological cooperation to support developing nations [11][12] Environmental Governance - Global environmental governance faces significant challenges, including climate change and biodiversity loss, exacerbated by the weakening consensus among developed countries [12][13] - China is taking steps to promote green development and actively participates in international climate negotiations, advocating for equitable responsibilities among nations [15][16][17]