Connect with us

News

Full Text: Chinese President Xi Jinping’s keynote speech at opening ceremony of BRICS Business Forum

Avatar

Published

on

Chinese President Xi Jinping attended the opening ceremony of the BRICS Business Forum in virtual format and delivered a keynote speech titled “Keep Abreast of the Trend of the Times to Shape a Bright Future” on Wednesday.

Following is the full text of the speech:

Keep Abreast of the Trend of the

Times to Shape a Bright Future

Keynote Speech by H.E. Xi Jinping

President of the People’s Republic of China

At the Opening Ceremony of the BRICS Business Forum

22 June 2022

Dear Colleagues,

Members of the Business Community,

Ladies and Gentlemen,

Friends,

I am glad to attend the BRICS Business Forum, and I wish to extend a warm welcome to all of you.

Right now, our world is facing drastic changes and a pandemic both unseen in a century. Various security challenges keep emerging. The world economy still faces strong headwinds on its path toward recovery, and global development has suffered major setbacks. Where is the world headed: Peace or war? Progress or regression? Openness or isolation? Cooperation or confrontation? These are choices of the times that we are confronted with.

Human history, like a river, keeps surging forward, with moments of both calm waters and huge waves. Despite changes in an evolving global environment, the historical trend of openness and development will not reverse course, and our shared desire to meet challenges together through cooperation will remain as strong as ever. We should stand high and not allow ourselves to be distracted by fleeting clouds, and we should have a keen appreciation of the law governing the advance of history. We should refuse to be led astray by any turn of events or intimidated by any risk. We should rise to challenge and forge ahead with resolve toward the goal of building a community with a shared future for mankind.

First, we should embrace solidarity and coordination and jointly maintain world peace and stability. We in China believe that “history, if not forgotten, can serve as a guide for the future”. In the past century, humanity have gone through the scourge of two world wars and the dark shadow of the Cold War. The tragedies of the past tell us that hegemony, group politics and bloc confrontation bring no peace or security; they only lead to wars and conflicts. The Ukraine crisis is another wake-up call for all in the world. It reminds us that blind faith in the so-called “position of strength” and attempts to expand military alliances and seek one’s own security at the expense of others will only land oneself in a security dilemma.

History tells us that peace, which is the common cause of humanity, should be pursued and defended by all. Only when we all cherish and uphold peace and never forget the painful lessons of war can there be hope of peace. Facing a volatile and unstable world, we should stay true to the pledge of the UN Charter and fulfill the mission of maintaining peace. Not long ago, I put forward the Global Security Initiative, calling on all countries to stay committed to the vision of common, comprehensive, cooperative and sustainable security; stay committed to respecting the sovereignty and territorial integrity of all countries; stay committed to abiding by the purposes and principles of the UN Charter; stay committed to taking the legitimate security concerns of all countries seriously; stay committed to peacefully resolving differences and disputes between countries through dialogue and consultation; and stay committed to maintaining security in both traditional and non-traditional domains. We in the international community should reject zero-sum games and jointly oppose hegemonism and power politics. We should build a new type of international relations based on mutual respect, fairness, justice and win-win cooperation. We should be clear that we are a community in which all countries share a common stake, and we should see that the light of peace will reach all corners of the world.

Second, we should reach out to each other and jointly promote sustainable global development. Development holds the key to solving various difficult problems and delivering better lives to the people. Today, the global development process has hit major roadblocks, the momentum of international development cooperation is being weakened, and development gap between the North and the South keeps widening. As a result, the global efforts to implement the UN’s 2030 Agenda for Sustainable Development have suffered major setbacks. Almost 1.2 billion people in nearly 70 countries are confronted with COVID-19, food, energy and debt crises. What has been achieved in decades of global poverty reduction efforts could be lost.

Last year, I put forward the Global Development Initiative, and I called on all countries to implement the 2030 Agenda for Sustainable Development, forge united, equal, balanced and inclusive global development partnership, and promote cooperation in a wide range of areas such as poverty reduction, public health, education, digital connectivity and industrialization. We should deepen cooperation to better safeguard food and energy security. We should seize opportunities presented by the new scientific and technological revolution and industrial transformation, and promote the flow of factors of production that enable innovation globally. We should help developing countries speed up development of the digital economy and green transformation. We should also engage in cooperation on COVID-19 response and provide more anti-COVID medicines to developing countries so as to beat the virus at an early date.

In two days, China will host the High-level Dialogue on Global Development to discuss ways to promote global development. We should respond to people’s concerns, pursue the larger interests of all countries, and steer global development to a new era to deliver benefit to all.

Third, we should tide over difficulties together and jointly pursue win-win cooperation. At present, some important industrial and supply chains are suffering from deliberate disruptions, commodity prices remain high and are fluctuating, global inflation keeps rising, the international financial market is in turmoil, and global economic recovery is losing steam. People have reason to be concerned that the world economy might slip into a crisis.

At this critical juncture, tiding over difficulties together and pursuing cooperation is the only way for us to forestall an economic crisis. We should come together with a united purpose and strengthen macroeconomic policy coordination to prevent the slowdown and even halt of the global recovery. Major developed countries should adopt responsible economic policies and avoid negative policy spillovers that may take a heavy toll on developing countries. It has been proved time and again that sanctions are a boomerang and a double-edged sword. To politicize the global economy and turn it into one’s tool or weapon, and willfully impose sanctions by using one’s primary position in the international financial and monetary systems will only end up hurting one’s own interests as well as those of others, and inflict suffering on everyone.

Fourth, we should be inclusive and jointly expand openness and integration. The rapid economic globalization that we have seen since the end of the Cold War has greatly boosted the movement of goods and capital and advances in technology and civilization. A more open and inclusive world will create greater development opportunities for all and deliver a more prosperous future for all.

For some time, however, economic globalization has faced headwinds and countercurrents. Some countries attempt to decouple with others, sever supply chains and build “a small yard with high fences”. There is widespread concern in the international community that should such a tendency continue, the global economy will become compartmentalized and mutually exclusive. Economic globalization is a response to development of productivity and, as such, represents an unstoppable historical trend. Anyone who attempts to turn back the wheel of history and block others’ way will only have his own path blocked.

As an ancient Chinese saying goes, “Constant piling up of earth makes Mount Tai great; ceaseless inflow of rivers makes the ocean deep.” Inclusiveness, shared benefits and win-win outcomes is what we should pursue. We should stay committed to openness and inclusiveness, eliminate all barriers to the development of productivity, and steer globalization in the right direction. This will boost the free flow of capital and technology, unleash the full potential of innovation and creativity, and foster synergy in boosting global economic growth. We should uphold the WTO-centered multilateral trading system, remove barriers to trade, investment and technology, and keep the global economy open. We should promote extensive consultation and joint contribution to deliver shared benefits, enhance global economic governance, and increase the representation and say of emerging markets and developing countries. This will ensure that all countries enjoy equal rights, follow the rules as equals, and share equal opportunities.

Ladies and Gentlemen,

Friends,

This year, facing a complicated and challenging domestic and international environment for development, China has risen to various challenges and taken well-coordinated steps to respond to COVID-19 and pursue economic and social development. Putting the people and their lives first, China has built a strong line of defense against the virus, and consolidated the gains made in COVID-19 response. Thanks to these efforts, we have protected people’s lives and health and ensured overall stable performance in economic and social development to the maximum extent possible. We will step up macroeconomic policy adjustment, and adopt more forceful measures to deliver the economic and social development goals for the whole year and minimize the impact of COVID-19.

In the second half of this year, the Communist Party of China will convene its 20th National Congress, which will chart the course for the next phase of China’s development. We will ground our efforts in the new development stage, follow the new development philosophy, foster a new development paradigm and strive to achieve high-quality development. China will continue to pursue opening-up against higher standards, develop new systems for a higher-standard open economy, and continue to foster a market- and law-based and internationalized business environment. I warmly welcome you to invest and do business in China, strengthen business cooperation with China, and share in China’s development opportunities.

Ladies and Gentlemen,

Friends,

The BRICS mechanism is an important cooperation platform for emerging markets and developing countries. The business community is a dynamic force driving BRICS’ effective cooperation. Over the years, you in the business communities of BRICS countries have kept exploring new ground, unlocked the potential of cooperation among the five countries, and made important contribution to the development of BRICS countries. Your efforts deserve full recognition.

BRICS cooperation has now entered a new stage of high-quality development. I hope that you business leaders will continue to act with tenacity and in a pioneering spirit, and champion open, innovative and shared development so as to add new impetus to BRICS cooperation. You should tap into the complementarity of BRICS countries’ diverse economic structures and resources, upgrade cooperation on trade, investment and finance, expand cooperation on cross-border e-commerce, logistics, local currencies and credit rating, and keep industrial and supply chains safe and unclogged. I hope you will actively participate in building the BRICS Partnership on New Industrial Revolution, strengthen cooperation on digital economy, smart manufacturing, clean energy and low-carbon technology, and support the industrial restructuring and upgrading in BRICS countries. I hope you will advance cooperation on energy, food, infrastructure and skill training, fulfill your social responsibilities, and see that more benefits of development will reach everyone in a more equitable way.

I am convinced that as long as we hoist high the sail of mutual benefit and win-win and keep a steady hand on the tiller of solidarity and cooperation, we will break waves and steer the giant ship of BRICS countries toward a brighter future!

To conclude, I wish the BRICS Business Forum a full success!

Thank you.

 

Source: Xinhua News

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

UN Ocean Conference: Joint effort needed to combat plastic pollution

Avatar

Published

on

By

Twenty-one new governments announced they will join the New Plastics Economy Global Commitment at the UN Ocean Conference on June 27, further boosting the leadership on tackling plastic pollution.

Established in 2018 and led by the Ellen MacArthur Foundation in collaboration with the United Nations Environment Programme (UNEP), the Global Commitment has united more than 500 signatories including businesses, governments and other organizations to drive the transition towards a circular economy for plastic, where plastic never becomes waste.

Plastic is everywhere in our lives, but after we use it, it ends up in the ocean. At least 11 million tonnes of plastic waste end up in the ocean every year, according to the UN, making up 80 percent of all marine debris.

Plastic pollution can have a serious impact on the entire marine ecosystem. Plastic entangles animals and is ingested by marine species. More than 800 marine and coastal species are affected by this pollution, according to the UN. Plastic waste kills up to 1 million sea birds, 100,000 sea mammals, marine turtles and countless fish each year.

Workers hang a The UN holds its Oceans Conference in Lisbon, Portugal, June 27-July 1. /VCG

Switching from virgin plastic to recycled plastic is one of the most effective ways to reduce plastic pollution. However, less than 10 percent of the plastic used around the world is recycled, said the Organization for Economic Co-operation and Development on February 22.

Instead of recycling plastic, more greenhouse gases are emitted each time virgin plastic or single-use plastic is produced, used and disposed. According to projections by UNEP, by 2050, greenhouse gas emissions associated with plastic production, use and disposal, would account for 15 percent of allowed emissions, under the goal of limiting global warming to 1.5 degrees Celsius.

As greenhouse gas emissions increase, the planet will become hotter, and the oceans will also be seriously affected, by phenomena such as sea level rise and ocean temperature rise.

As glaciers melt and sea levels rise, animals are losing their homes. /VCG

Plastic pollution is one of the major global environmental problems, which brings great challenges to global sustainable development. It is estimated that the annual amount of plastic waste flowing into the ocean could triple by 2040, according to the UN.

Many countries have issued a number of plastic pollution control policies, and more and more of them have passed some sort of full or partial ban on plastic bags.

India imposed a ban on single-use plastics on items ranging from straws to cigarette packets to combat worsening pollution in the nation of nearly 1.4 billion people on July 1. Canada will impose a ban on the manufacture and import of single-use plastics by the end of the year.

China has always attached great importance to the control of plastic pollution. As early as 2007, policies were introduced to restrict the production, sale and use of plastic bags. China pledged to substantially extend its laws to combat plastic bag use, first banning all non-compostable bags in major cities by the end of 2020 and extending the ban to the entire country by 2022.

Plastic pollution is a major global environmental problem. /VCG

It’s urgent for all countries to work together to combat plastic pollution.

In March this year, a historic resolution was adopted by countries at the fifth session of the United Nations Environment Assembly. It calls for the convening of an Intergovernmental Negotiating Committee to develop – by the end of 2024 – an international legally binding instrument on plastic pollution, including in the marine environment.

Source: CGTN

Continue Reading

Local

Gov’t does not obstruct freedom of expression: Speaker

Avatar

Published

on

By

Speaker of Parliament Mohamed Nasheed has stated the administration of President Ibrahim Mohamed Solih does not obstruct freedom of expression. He made the statement in response to a question at the fifth programme of the Ask Speaker series.

Speaking at the programme, Speaker Nasheed said he has not seen President Solih’s administration try to obstruct freedom of speech and expression, and does not believe there are efforts to do so. However, the speaker stated the constitution does not grant freedom of expression without limits and boundaries. He said these boundaries must be respected, especially when it could affect diplomatic relations established with other countries.

During the programme, Speaker Nasheed was also asked if he might contest in the presidential election next year as an independent candidate after leaving the main ruling party, Maldivian Democratic Party (MDP). In response to this question, the speaker said he hopes to remain at MDP till his last day and would definitely not be seen in another party. He said MDP has a vision for the future, and will seek ways to resolve internal conflicts and implement its development vision for the country.

During the programme, Speaker Nasheed answered questions on parliamentary work, as well as other political and social matters. The speaker highlighted the important work carried out by the parliament across the last two terms, including several important bills.

 

Source: psmnews

Continue Reading

News

US, Taliban discuss foreign reserves, aid for earthquake-hit Afghanistan

Avatar

Published

on

By

US and Taliban representatives in the Qatari capital Doha worked on details to preserve $3.5 billion in Afghan central bank reserves “for the benefit of the Afghan people.”

Talks between the United States and the Taliban continued in Doha earlier this week to discuss earthquake aid, the State Department said, months after the two parties last met in the Qatari capital in March.

The Taliban is seeking a way to unlock some of the country’s foreign reserves — currently frozen by the United States — following a devastating earthquake last month, with the United States looking for assurances the money would go to help the population.

During the meetings on Wednesday and Thursday, the United States reiterated an earlier pledge of $55 million in new assistance for earthquake relief, the State Department said in a statement on Friday.

And “the two sides discussed in detail US actions to preserve $3.5 billion in Afghan central bank reserves for the benefit of the Afghan people,” the statement said, money which the White House said last week the US was “urgently” working to sort out.

Last week’s 5.9-magnitude earthquake in eastern Afghanistan, which killed more than 1,000 people and left tens of thousands homeless, adds urgency to the funding debate.

“The United States expressed condolences for the loss of life and suffering in Afghanistan caused by recent earthquakes,” the State Department said of the meeting, which was led by Special Representative for Afghanistan Thomas West.

Fundamental freedoms

The United States raised “concerns regarding increased interference by the Taliban in the delivery of humanitarian assistance” and “concerns regarding transparency in delivery of services,” the statement said of the aid.

According to the State Department, US representatives also pushed the Taliban authorities on women’s rights — a sticking point that led Washington to cancel talks in Doha in March, when the group closed girls’ secondary schools in Afghanistan.

“The United States supports the Afghan people’s demands that girls be allowed to return to school and that women be allowed to work, contribute to the country’s economic growth, and move and express themselves freely,” the statement said.

READ MORE: Afghanistan earthquake: Women in urgent need of care, doctors warn

Taliban rule

The Taliban took over in August 2021 after the United States gave up a 20-year military effort.

Washington at the time froze $7 billion in reserves and the international community halted billions in direct aid that Afghanistan and its population of roughly 40 million people had relied on.

The currency has collapsed and the country descended into a serious economic crisis, although some assistance has been restored.

The Taliban are still considered a terrorist group by the United States, which has insisted that any improvement of relations would be dependent on meeting key concerns.

READ MORE: Earthquake survivors in Afghanistan ‘at risk’ of disease outbreak

Source: TRT

Continue Reading

Trending