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Abstract The paper presents major changes in economic globalization since World War II, discusses essential causes to the challenges facing the economic globalization, and analyses issues and deficiencies in global economic governance. Prerequisites to implement the plan of “take an active part in reforming and developing the global governance system, and keep contributing Chinese wisdom and strength to global governance” advocated by President Xi Jinping are proposed, and the paper elaborates the pivot for China's participation in global economic governance in the following four aspects: committing to the Belt and Road Initiative, sparing no effort to boost the realization of the 2030 Agenda for Sustainable Development, enhancing cooperation with the BRICS and emerging economics, and supporting multilateral trade regimes to promote the building of an open world economy.
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