Japanese media suggested that Asia needs to establish its own Group of Seven (G7). Anbound researchers believe that anti-globalization and anti-free trade are becoming popular in the world currently. The weakness of Europe and the isolation of the United States have added to the uncertainty of the world situation. Against this backdrop, China's strengthening of cooperation with major Asian countries such as Japan and India and actively promoting the establishment of multilateral organizations in Asia can be a way to seek stable development in this volatile world. Of course, there is still great difficulty to establish the "Asian G7". However, the cooperation of Asian multilateral organizations in this direction is undoubtedly a strategy worthy of careful consideration by China.