Ministry of Foreign Affairs
The People’s Republic of China
Wang Yi: Uphold BRICS Unity and Cooperation, Reform and Improve Global Governance
Updated: April 29, 2025 15:57

On April 28, 2025 local time, Member of the Political Bureau of the CPC Central Committee and Foreign Minister Wang Yi clarified China's position on improving global governance on the sidelines of the Meeting of BRICS Ministers of Foreign Affairs in Rio de Janeiro.

Wang Yi stressed that at present, global governance is at an important crossroads. As representatives of emerging forces, BRICS countries should enhance the sense of historical responsibility, adhere to unity and cooperation, and work with the international community to reform and improve the global governance framework, making it more timely and effective in addressing various global challenges, and more reasonably reflecting the common will of the Global South in a more balanced way.

First, safeguard multilateral trading rules. BRICS countries should oppose all forms of protectionism, resolutely safeguard the WTO-centered, rules-based multilateral trading system, actively participate in the reform of the World Trade Organization, uphold its core values and fundamental principles, and restore the normal functioning of the dispute settlement mechanism as soon as possible. BRICS countries should continue to deepen practical economic and trade cooperation and promote trade liberalization and facilitation.

Second, strengthen global financial governance. BRICS countries should promote reform of the international financial architecture to better reflect changes in the global economic landscape and better serve the growth of the economy of the Global South. The World Bank should carry out shareholding review and the International Monetary Fund should carry out quota share realignment, so as to address the historical injustice of the severe lack of representation and voice of the Global South.

Third, realize green transition. It is necessary to work for the full and effective implementation of the Paris Agreement, uphold the principle of common but differentiated responsibilities and respective capabilities, and urge developed countries to fulfill their due obligations. BRICS countries should deepen cooperation on low-carbon transition in the energy sector to jointly achieve higher-quality and more sustainable development. BRICS countries should support the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP30) hosted by Brazil to achieve positive outcomes, and promote the global climate governance system towards fairness, reasonableness, and win-win cooperation.

Fourth, share digital opportunities. BRICS countries should promote the implementation of the Global Digital Compact within the framework of the United Nations, bridge the digital divide, and formulate common rules for cyberspace. It is necessary to improve the global governance of artificial intelligence (AI), and advocate for fair, universally beneficial, and safe AI for good, as well as collaborative AI governance. BRICS countries are welcome to participate in the 2025 World Artificial Intelligence Conference to be held in Shanghai.