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Second, we need to improve the governance architecture for economic globalization. We should firmly safeguard the rules-based multilateral trading system that is transparent, nondiscriminatory, open and inclusive, and support the reform of the WTO to enhance its effectiveness and authority. We should promote free trade, oppose unilateralism and protectionism, uphold fair competition, and protect the development rights, interests and space of developing countries. We should continue the reform of the international financial system, conclude the IMF’s 16th General Quota Review on schedule, expand the role of the Special Drawing Rights, buttress the global financial safety net, and raise the representation and voice of developing countries. We should also address the challenges to economic globalization head-on, and make it more open, inclusive, balanced and beneficial to all.
As a permanent member of the United Nations Security Council, China firmly safeguards the international system with the UN at its core, the international order based on international law, and the free trade system with the World Trade Organization as the cornerstone, Wang said.
The new pattern will also enable China to continue to deepen international cooperation for shared benefits, according to Xi.
In a phone conversation with his Russian counterpart, Sergey Lavrov, Wang noted that China-Russia relations are at a high level and special, saying that Russian President Vladimir Putin stressed at his annual press conference that he has established a high degree of mutual trust and profound friendship with his Chinese counterpart, Xi Jinping, and pointed out that China and Russia have common ground on many issues, which China deeply agrees with.
"Unified registration for pledge of movable property and rights requires the financial system to strengthen and improve management services for the enterprises, and will play a positive role in easing the burden on small and medium-sized enterprises, and in facilitating pledge financing. The financial system must make great efforts to improve services," Li said.
来源：资阳报