Beijing Review

True Multilateralism Will Boost Global Recovery

The Group of 20 (G20) is the premier forum for international economic cooperation established in September 1999. At the height of the international financial crisis, the G20 acted in a spirit of unity and partnership, pulled the world economy back from the edge and pushed it onto the track of stability and recovery. Many experts believe that closer partnerships and joint actions by G20 members will boost confidence in, foster driving forces for and intensify cooperation on global economic growth, contributing to shared prosperity and the world’s overall wellbeing.

Today, 23 years on, the world is ushering in a new phase of instability and transformation. With the combined

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