China Promotes High-Standard Opening-Up to Strengthen Global Economic Cooperation Amid Uncertainty

China is emphasizing the importance of high-standard opening-up and mutual cooperation to foster global economic growth and stability, as highlighted in its 15th Five-Year Plan and the Global Governance Initiative. At the 2025 APEC Economic Leaders' Meeting and related panel discussions, leaders from China, Malaysia, Chile, and South Korea stressed the need for shared governance, trust, and inclusiveness to address challenges such as climate change, economic uncertainty, and demographic shifts. China's approach is seen as a stabilizing force amid rising geopolitical tensions and global economic fragility. Meanwhile, Pakistan's Prime Minister Muhammad Shehbaz Sharif called for unity between the global North and South to facilitate technology transfer and resource sharing, emphasizing that repeated loans are not a sustainable solution for developing countries facing climate impacts. He highlighted Pakistan's ongoing reforms and youth potential as part of broader efforts to foster economic resilience and shared prosperity. Overall, these perspectives advocate for cooperation, transparency, and innovation as essential to achieving sustainable development and collective progress worldwide.