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China’s high-quality  development, opening-up  benefits world: Chinese FM

China’s high-quality development, opening-up benefits world: Chinese FM

January 18, 2022

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China’s high-quality development, opening-up benefits world: Chinese FM

Web DeskbyWeb Desk
January 18, 2022
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China’s high-quality  development, opening-up  benefits world: Chinese FM
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Xinhua

 

China’s high-quality development and further opening-up will bring major benefits to the global economic recovery, Chinese State Councilor and Foreign Minister Wang Yi said here. Wang made the comments to reporters following Chinese President Xi Jinping’s speech at the 2022 World Economic Forum virtual session earlier in the day.
Noting that the world has entered a new era of turbulence and shifts, demonstrated by the unstable momentum of the global economic recovery and a marked increase in uncertainty, Wang said all parties share common aspirations for promoting post-pandemic recovery, and at the same time are faced with multiple new challenges.
Referring to Xi’s statement that, “Strong confidence and cooperation represent the only right way to defeat the pandemic,” Wang pointed out that China has always played a leading role in international cooperation on COVID-19 response and promoting the fair distribution of vaccines.
In the face of intertwined crises and the constant emergence of new vulnerabilities, poverty belts and sources of turbulence, Wang said a more fair, just and rational global governance system will serve as a powerful guarantee for a stable global recovery.
Wang said that an economic rebound in one or several countries does not represent a real global recovery, and all economies in a globalized world are interdependent and their interests are integrated.
In his speech, Xi urged major economies to “increase policy transparency and information sharing,” and called on major developed countries to “manage policy spillovers and avoid severe impacts on developing countries.” Wang said that, with these words, the Chinese leader has pointed out the right direction for global governance reforms.
Noting that developing countries have been severely impacted by the COVID-19 pandemic and the gap between the North and South is being widened, Wang said Xi’s speech shows China’s sense of responsibility as a major country and demonstrates to the world that China has always been a staunch contributor to the global endeavour of development.
On peaceful development and win-win cooperation, Wang said Xi’s speech has voiced the common aspiration of most countries in opposing the “new Cold War” and the dividing of the world. This once again demonstrates that China stands on the right side of history and on the side of international fairness and justice, Wang added.
hina willing to maintain friendship, deepen cooperation with Philippines
Chinese State Councilor and Foreign Minister Wang Yi said Monday that China and the Philippines should maintain their friendship, remove disruptions, deepen cooperation, and jointly open up a better future for bilateral relations.
Wang made the remarks when addressing the Manila Forum for China-Philippines Relations via video.
Facts have proved that Philippine President Rodrigo Duterte’s strategic decision to improve relations with China is in line with the fundamental interests of the Philippine people. It is also in line with the common interests of China and the Philippines and the trend of peaceful regional development, Wang said.
Noting the friendly exchanges between the two countries have lasted for more than 1,000 years, Wang said China is willing to continue to guarantee Philippine COVID-19 vaccine needs. China will also cooperate on specific drugs and public health capacity-building until the virus is defeated.
China is willing to continue to open the door to more Philippine agricultural products and improve investment to help the Philippines accelerate its industrialization and modernization process and enhance its independent development capabilities, Wang said.
On the South China Sea issue, Wang said China is prepared to promote joint development without affecting each other’s respective rights and claims. China is also willing to turn challenges into opportunities, help the development of the Philippines, and strengthen the friendship between the two peoples.
Wang called on both sides to maintain the ASEAN-centered regional cooperation framework and deepen the China-ASEAN comprehensive strategic partnership.

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