Lan Foan: Advocate resolving trade and tariff disputes through equal dialogue and negotiation, also will firmly defend its own legitimate rights and interests.

According to the Zhtng Finance app, on April 23-24, the G20 Presidency South Africa held its second G20 Finance Ministers and Central Bank Governors Meeting in Washington, D.C., United States. Minister of Finance Ln F'n stated that the current global economic growth momentum is insufficient, and trade wars and tariff disputes are further affecting economic and financial stability. China firmly upholds the multilateral trading system with the World Trade Organization at its core, advocating for the resolution of trade and tariff disputes through equal dialogue and negotiation, as well as firm defense of its own legitimate rights and interests. All parties should strengthen multilateral cooperation to further improve the international economic and financial system, actively promote reforms of multilateral development banks, effectively advance the review of equity in the International Development Association, pragmatically improve the implementation of the Common Framework for Debt Treatment Beyond Debt Initiative, and encourage international financial institutions and the private sector to provide more support for vulnerable countries to address debt and liquidity challenges.