The remarkable features of contemporary international politics have put forward a new requirement for leadership in global governance. The current world order has witnessed the simultaneous occurrence of global power transfer, the rise of global governance, the revival of oriental civilizations, and the peaceful development of China. Even if China is predicted to become the world’s largest economy around 2030, its soft power and military strength will still leave it far behind the United States. However, China could rely on joint leadership to realize its responsibility in global governance, with carefully designed methods and institutions. At the same time, it should also update its ideas to catch up with the times and to achieve coordination between domestic and foreign policies.