In a stirring address at the G20 Summit in Rio de Janeiro, Chinese President Xi Jinping urged world leaders to embrace openness and innovation in the global economy. \"We need to improve digital and trade governance and build a world economy characterized by openness,\" Xi emphasized. 🌎
Speaking at the second session of the 19th G20 Summit, Xi highlighted the importance of restoring the normal functioning of the World Trade Organization's dispute settlement mechanism. \"We should press ahead with reforming the World Trade Organization, oppose unilateralism and protectionism, and restore the normal functioning of the dispute settlement mechanism as soon as possible,\" he said.
He stressed that nations should view each other's development as opportunities rather than challenges. \"The G20 members should keep in mind that humanity lives in a community with a shared future, see each other's development as opportunities, and view each other as partners rather than rivals,\" Xi noted. 🤝
Green Transition and Energy Security 🌱
President Xi also called for an expedited transition to a green and low-carbon global economy. \"Energy transition and energy security is a major issue. We should follow the approach of 'establishing the new before abolishing the old,' and replace traditional energy with clean energy in a stable and well-ordered way,\" he advised.
He cautioned against politicizing economic issues or taking protectionist measures under the guise of green development. \"It's important to avoid fragmenting the global market and avoid taking protectionist moves in the name of green and low-carbon development,\" Xi asserted.
Calls for Peace in Global Conflicts ✌️
Addressing the ongoing conflicts around the world, Xi Jinping urged immediate action to halt hostilities. Concerning the Palestinian-Israeli conflict, he stated, \"The fighting in Gaza has inflicted deep suffering on the people. It is urgent for all sides to stop fighting, end the war, and provide support for easing the humanitarian crisis in the region and for postwar reconstruction.\"
Xi underscored the need for a long-term solution through the implementation of the two-state solution. \"The fundamental way out of the cycle of Palestinian-Israeli conflict lies in the implementation of the two-state solution, the restoration of Palestine's legitimate national rights, and the establishment of an independent State of Palestine.\"
On the Ukraine crisis, Xi called for de-escalation and a political settlement. \"To de-escalate the Ukraine crisis and seek a political settlement, we should follow the principles of no expansion of the battlefields, no escalation of hostilities, and no fanning flames,\" he remarked.
President Xi's speech resonated with many at the summit, highlighting the urgent need for cooperation and mutual understanding in tackling global challenges. 🌍
Reference(s):
Xi Jinping calls for building world economy characterized by openness
cgtn.com
