DAVOS, Switzerland, Jan. 21 (Xinhua) -- Concerted international cooperation and solid multilateral institutions remain critical to confront the major "systemic threats" to peace and stability in the world, said Guy Ryder, Director-General of the International Labor Organization (ILO).
"We are currently facing major issues that are global in nature such as climate change, inequalities and migration, issues that no one country can solve alone", said Ryder in a recent interview with Xinhua, who is attending the 50th annual meeting of the World Economic Forum in Davos.
Noting that those issues can only be solved through collective responses, Ryder said that "multilateralism is the only way."
He acknowledged that "the underside of globalization, with its intermittent financial and economic crises that spilled across borders and the persistent exclusion from its gains for some," has fed political discontent and support for populist and nationalist solutions over multilateral ones.
"In the current context of slowing global economic growth and strained public resources, this questioning of multilateralism has put the system under considerable stress," he said.
He lauded China as a strong supporter of multilateralism, "which is very welcome at a time when multilateralism is under such pressure."
He reiterated that "re-building trust in the multilateral system is a decisive task for the future of humanity".
"We look to governments such as China to continue making their contribution to that urgent effort," he concluded.