Beijing, Jan. 21 -- The 2026 World Economic Forum (WEF) Annual Meeting opened on Monday in the snowy Swiss resort of Davos. As global leaders reconvene in the Alpine town, the world economy is grappling with a familiar yet intensifying set of challenges, most notably a surge in protectionism, unilateralism and hegemonism.

Against this backdrop, the vision articulated by Chinese President Xi Jinping in multiple past speeches stands out, offering a clear and consistent compass for global economic governance, one that underscores openness and justice as fundamental anchors for stability and growth.

Translating that vision into concrete actions, China has stepped up development-oriented cooperation with other Global South countries, alignin...