Economic integration

President Xi calls for economic integration, opposes new “cold war” and ideological confrontation at Boao Forum

The Boao International Conference Center in Boao, Hainan Province (southern China). (File photo: Xinhua)

Chinese President Xi Jinping called for greater global economic integration and warned of a new “cold war” and a new ideological confrontation in “any form” at the opening ceremony of the Boao Forum for Asia (BFA) 2021.

The four-day annual conference, under the theme “A Changing World: Unite to Strengthen Global Governance and Advance Belt and Road Initiative (BRI) Cooperation”, is being held Sunday through Wednesday in Boao, a tropical resort in southern China. Hainan Province.

It is also the first international forum composed mainly of offline conferences this year, against a backdrop of growing protectionism and pandemics.

“We must not let the rules established by one or a few countries be imposed on others, or allow the unilateralism pursued by some countries to set the tone for the whole world,” Xi said. Large countries must behave in a way that suits their status and with a greater sense of responsibility, he added.

We live in a time full of challenges, but also full of hope, Xi said, adding that the world has entered a period of turbulent change and uncertainties have increased dramatically.

“The COVID-19 pandemic has made it all the more clear to people around the world that we must reject the cold war and the zero-sum mentality and oppose a new ‘cold war’ and ideological confrontation in some form. whatever, ”Xi said.

Global affairs must be dealt with through comprehensive consultations, and the future of the world must be decided by all countries working together, Xi said.

This is the fifth time that President Xi has attended the forum. The BFA 2020 conference has been canceled due to the COVID-19 pandemic.

World leaders and heads of international organizations, including the International Monetary Fund and the United Nations, also attended the forum online and offline.

2021 marks the 20th anniversary of the BFA. The forum witnessed the extraordinary journey of China, Asia and the world, and exerted significant influence to spur development in Asia and beyond, Xi said.

During his keynote address, Xi also exposed “Chinese concepts” and “Chinese solutions” amid the current international and regional situations, describing China’s solution to enhance Asia’s development and prosperity and of the world.

Economic globalization is showing renewed resilience, and the call for maintaining multilateralism and improving communication and coordination has grown stronger, Xi said.

China will remain committed to peace, development, cooperation and mutual benefit, develop friendship and cooperation with other countries on the basis of the five principles of peaceful coexistence, and promote a new kind of international relations, Xi said.

China will continue to conduct anti-COVID cooperation with WHO and other countries, honor its commitment to make vaccines a global public good, and do more to help developing countries defeat the virus, Xi said. .

In 2018, Xi announced a new set of measures to open up China at the event, hoping that the country’s opening efforts will benefit all businesses and people in China and around the world. The measures included significantly expanding market access, creating a more attractive investment environment and strengthening the protection of intellectual property rights, among others.

Xi also reiterated China’s commitment to open up more, saying it will actively participate in multilateral trade and investment cooperation, fully implement the foreign investment law and its rules and regulations. related, and will further reduce the negative list of foreign investment.

China will also continue to develop the Hainan Free Trade Port and develop new systems for a higher level open economy, Xi added.

Xi announced that China will host the Second Asian Civilizations Dialogue Conference as soon as the pandemic is under control, to facilitate exchanges between Asian and global civilizations. The first conference took place in Beijing in May 2019.

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