Opportunities, Challenges, and Strategic Responses to China’s Participation in Global Economic Governance Amid Changes of the Century

Ma Huxing
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Ma Huxing: School of Politics and Public Administration, Tianjin Normal University

International Journal of Research and Innovation in Social Science, 2024, vol. 8, issue 10, 895-909

Abstract: The significant global changes of the past century have presented both opportunities and challenges for China’s participation in global economic governance. Properly understanding these opportunities and challenges is crucial for China to improve its engagement in global economic governance. Regarding opportunities, the rapid growth of China’s economy has enhanced its voice in global economic governance. However, the complex and variable international order has presented China with unprecedented challenges in its participation. Western countries perceive China’s rise as a threat and have implemented various competitive and containment strategies, limiting the effectiveness of China’s support platforms for participating in global economic governance and increasing uncertainties. In response, China will strive to improve its relations with Western countries, deepen mutual trust and interest integration with neighboring and many developing countries, and build new types of international relationships. It will fully leverage the roles of the G20, BRICS, and cooperation mechanisms with Middle Eastern and North African countries, continuously advance Belt and Road Initiative-related topics, enhance China’s leadership in these issues, and make a greater contribution to China’s future participation in global economic governance.

Date: 2024
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