Wang Yi: Global governance has entered its Asia period

China looks forward to seeing emerging markets and developing countries playing a bigger and more active role in global governance in the future, State Councilor and Foreign Minister Wang Yi said at a news conference on Monday.

China, which is the rotating chair of the BRICS (an acronym denoting the national economies of Brazil, Russia, India, China and South Africa), will host the 14th summit of the bloc this year.

Wang said China will deepen BRICS' cooperation around the board, and inspire hope and confidence for a joint effort by all countries to beat the pandemic and promote global recovery.

The fields of collaboration will include vaccines against COVID-19, public health, economy and commerce, green development, poverty alleviation and other fields, he said.

China will also enhance strategic collaboration with emerging markets and developing countries, Wang said, adding numerous summits and high-level meetings are set to take place in Asia this year. "Global governance has entered its Asia period," Wang said. China hopes emerging economies and developing countries turn from being "followers" to "forerunners" and even "pacesetters" in global governance.

"Together, we can play a more active role and speak with a bigger voice," he said.