In addition, countries need to make continuous efforts to implement the agreed financial sector reforms in a coordinated manner, so as to improve the stability and resilience of the international monetary system. The IMF should continue to help low-income countries improve their debt management.
The past decade after the global financial crisis has actually been a period of relatively strong economic performance in low-income countries, especially in sub-Saharan Africa. China stands ready to strengthen coordination with the international community on debt issues. We will support the IMF’s efforts to help low-income countries strengthen their debt management capability and improve institutional frameworks and governance structure.