Saturday, May 16, 2026

Chinese President proposes a global governance initiative

  • aplicacion - banner 728px

Chinese President Xi Jinping presented an initiative for "global governance" during the 25th Shanghai Cooperation Organization (SCO) summit, with which he intends to build a more "just and equitable" world. "I hope to work with all countries for a fairer and more equitable global governance system and move towards a community with a shared future for mankind," Xi said at a meeting of the Council of Heads of State of the SCO. The leader highlighted that the founding declaration and the SCO Charter made it clear from the beginning that the organization's members should "promote a more democratic, just and rational international political and economic order." "We have jointly debated regional issues, built platforms and mechanisms, and benefited from cooperation. We have also promoted and put into practice numerous new concepts of global governance. The SCO has increasingly become a catalyst for the development and reform of the global governance system," he stated.

Principles of the initiative

The Chinese leader listed the five principles on which he wants to base the future global governance system. The first is that countries must adhere to sovereign equality, which means that "all countries, regardless of their size, purchasing power and wealth, participate, make decisions and benefit equally from global governance," Xi indicated. The second principle is that all countries must respect international law. "There should be no double standards, nor should the internal rules of a few countries be imposed on others," he emphasized. The third principle provides for multilateralism. "We must defend the vision of global governance based on broad consultation and joint contribution for the common benefit, strengthen solidarity and coordination, and oppose unilateralism," he stated. According to the fourth principle announced by the Chinese president, nations should promote a people-centered approach, and to do so they will have to promote "a reform and improvement of the global governance system to ensure that the people of each nation are actors and beneficiaries." The fifth and final principle calls for focusing on taking concrete actions. "We must adopt a systematic and comprehensive approach to coordinate global actions, fully mobilize the various resources and strive to achieve more visible results," Xi said.

In the spotlight

  • aplicacion - banner 300px

  • banner altices 300x250 junio 2025

Explore more

Senate would approve labor reform without modifying severance pay issue

By: Linda Veras Santo Domingo.- The President of the Senate of the Republic, Ricardo de los Santos, assured the union organizations that the reform to the Labor Code will be approved as it arrives from the Chamber of Deputies, without altering what refers to severance. The information was offered after a meeting between union representatives […]

Government freezes fuels and LPG with a subsidy of RD$1,657 million

The Ministry of Industry, Commerce and SMEs (MICM) reported that the Dominican Government, through a subsidy of RD$1.657 billion, will keep the main fuels frozen for the week of May 9 to 15, as part of its plan to mitigate the impact of the current international crisis. For that week, regular and premium gasoline, optimal […]

Accounting Chamber records a 1,100% increase in citizen complaints in the first quarter of 2026

Santo Domingo. – The Chamber of Accounts of the Dominican Republic (CCRD) registered a significant and unprecedented growth in the reception of citizen complaints during the year 2026, consolidating itself as a channel increasingly used by the population to ensure the proper use of public resources. Between January and April 2026, the institution received a […]

Great-grandfather of boy found dead in Hato Damas says more than 1 young person involved in the incident

Hato Damas, San Cristóbal.- Ciprián Pineda, great-grandfather of the child Raudier Steben Martínez Corporán, 10 years old, demanded this Friday justice for the death of the minor and asked that the case be taken “to the ultimate consequences”, indicating that more than 1 young person is involved. Amidst the pain that engulfs the family while […]

Social sectors call for peaceful strike in Las Galeras due to construction of polyclinic and road asphalting

Las Galeras. Social sectors of the municipal district of Las Galeras called for this Sunday a peaceful strike starting at 6:00 in the morning, in claim to the National Health Service (SNS) so that the process of construction of the polyclinic of the community of Rincón continues. Likewise, the protest call is also directed at […]

The IBEX 35 falls 0.95% and loses the 18,000 mark amid attacks from the US and Iran in Hormuz

Madrid.– The Ibex 35 registered a downward close this Friday, pressured by the increase in geopolitical tensions between the United States and Iran and the rise in the price of Brent oil, which again stood above 100 dollars per barrel. The main index of the Spanish Stock Exchange fell by around 0.9%, on a day […]