Economists and central bank governors worldwide are advocating for a new Bretton Woods system to tackle inflation, protectionism, and climate change.

The proposed system aims to benefit all countries, ensure financial stability, and support global prosperity.

Globalization has significantly driven economic development, but there's a need to reassemble a fragmented global economy for a more equitable future.

Adaptation to technological advances and digital currencies, with a focus on efficient digital transaction infrastructure, is necessary.

Reducing reliance on the U.S. dollar in the financial system is critical, as its dominance poses risks for other countries.

China's significant role in global economic growth and its positive spillover effects on other economies are emphasized.

Reforming the Bretton Woods system must account for geopolitical realities, social development, and technological advancements.

Cooperation and coordination among countries are crucial, as no single country can address these challenges alone.

China's commitment to global governance is evident through initiatives like the Belt and Road Initiative, the Asian Infrastructure Investment Bank, and the Global Development and South-South Cooperation Fund.

Strong economic ties between China and Europe are expected to continue, with both regions remaining major trading partners.