President of the New Development Bank: In a highly uncertain environment, fiscal and monetary policy tools need to be coordinated and deployed promptly.

date
22/03/2026
On March 22, Dilma Rousseff, President of the New Development Bank and former President of Brazil, stated at the China Development High-Level Forum 2026 Annual Meeting that peace, stability, and security are necessary prerequisites for economic development. A fundamental and obvious fact is that war and development are incompatible, and only in an environment of peace, stability, and security can development be possible. China is a stabilizing force and core engine for global stability, growth, trade, and technological change. China's constructive role is rooted in its own development process, with high-quality development becoming a distinct feature of its current stage of development. This signifies a structural transformation, shifting from growth driven by scale to growth centered around productivity, innovation, sustainability, and resilience.