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Exclusive | China to host leaders of international economic bodies as global uncertainties mount

Meeting will provide briefing on country’s economic development and seek better ways to navigate increasing uncertainties

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A red flag flutters near China’s national emblem outside the Great Hall of the People in Beijing. Photo: AP

Chinese leaders plan to hold a high-profile meeting with the heads of major international economic organisations next month to brief them on the country’s economic development and better navigate global uncertainties, according to multiple sources.

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Ten major international organisations, including the World Bank, the International Monetary Fund, World Trade Organization, International Labour Organization, Organisation for Economic Cooperation and Development and the Financial Stability Board, will be invited to Beijing.

It would represent an update of the annual 1+6 round-table mechanism, which dates back to 2016.

The new members include the UN Conference on Trade and Development, the Asian Infrastructure Investment Bank, the Bank for International Settlements and the New Development Bank.

“Such a high-profile meeting is an obvious sign of China’s fast growing economic strength,” one source said.

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“It also provides a platform to jointly discuss how to address global uncertainties.”

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