On September 24, 2019 local time, State Councilor and Foreign Minister Wang Yi attended a dinner co-hosted by National Committee on United States (US)-China Relations, US-China Business Council, US Chamber of Commerce and Council on Foreign Relations in New York, and delivered a keynote speech.

Wang Yi said, economic globalization, as the trend of the times, should not and cannot be held back. The free flow of resources enabled by globalization has created enormous wealth, yet it will also lead to uneven development within countries and trade imbalances between them. The right approach to tackle domestic challenges is to deepen reform and improve the distribution system. And issues between nations should be addressed by enhancing global governance through equal dialogue and consultation. Neither scapegoating nor unilaterally initiating a trade war is the right prescription.