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Chinese vice premier calls for upholding true multilateralism, inclusive globalization

March 31, 2025


Abstract : Chinese Vice Premier Ding Xuexiang met with members of the Board of Directors of the Boao Forum for Asia (BFA) and representatives of the board's corporate members on Thursday, calling for upholding true multilateralism and inclusive economic globalization.

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Chinese Vice Premier Ding Xuexiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, meets with Chinese and foreign business leaders in Boao, south China's Hainan Province, March 27, 2025. (Xinhua/Li Xiang)

BOAO, Hainan, March 28 (Xinhua) -- Chinese Vice Premier Ding Xuexiang met with members of the Board of Directors of the Boao Forum for Asia (BFA) and representatives of the board's corporate members on Thursday, calling for upholding true multilateralism and inclusive economic globalization.

Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, said the world is undergoing profound changes, with challenges such as slowing growth, development imbalances and governance issues.

Ding called for upholding true multilateralism and promoting inclusive economic globalization and strengthening cooperation for scientific and technological innovations. He also urged the forum to continue to expand its global influence and inject more positive energy into regional and global peace, stability and prosperity.

BFA Chairman Ban Ki-moon and other attendees praised China's commitment to multilateralism and opening-up, pledging to contribute more to regional and global growth.

In a separate meeting with Chinese and foreign business leaders, Ding thanked companies for their long-term participation in China's reform and modernization efforts. He said that the conditions and fundamentals in China for sustaining long-term economic growth remain unchanged, with broad prospects for high-quality development.

"Investing in China means investing in the future," Ding said, pledging continued improvements to the business environment and welcoming foreign investment.

Business leaders expressed confidence in China's growth prospects and their commitment to further expansion in the Chinese market.

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Chinese Vice Premier Ding Xuexiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, meets with members of the Board of Directors of the Boao Forum for Asia (BFA) and representatives of the board's corporate members in Boao, south China's Hainan Province, March 27, 2025. (Xinhua/Li Xiang)

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Keyword: Boao Forum for Asia (BFA)

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