China is ready to pursue peaceful coexistence with all countries on the basis of mutual respect, equality and mutual benefit, President Xi Jinping said on Saturday, and suggested narrowing differences through dialogue and resolving disputes through negotiation. Addressing the virtual G20 summit hosted by King Salman of Saudi Arabia, Xi said China will always be a builder of world peace, a contributor to global development and a defender of international order.
“On the basis of mutual respect, equality and mutual benefit, China is ready to pursue peaceful coexistence and common development with all countries.”
“We can overcome differences through dialogue, resolve differences through negotiation and make a joint effort for world peace and development,” Xi said in a speech against the backdrop of the further military stalemate. six months between India and China in eastern Ladakh.
Saudi Arabia, which assumed the presidency of the G20 this year, is hosting the virtual summit which brings together leaders of the world’s richest and most developed economies, such as the United States, China, India, Turkey, France, United Kingdom and Brazil, among others.
Prime Minister Narendra Modi is among the participants in the virtual closed-door sessions taking place on Saturday and Sunday.
Calling on the international community to jointly fight COVID-19, President Xi said G20 members should help build a global firewall against the disease.
“We must first bring the disease under control at home and, on this basis, strengthen exchanges and cooperation to help countries in need,” he said.
More than 57,775,000 people have been affected by the deadly virus while more than 1,376,000 people have died since the pandemic emerged in the central city of Wuhan last year.
Xi noted that several G20 members have made progress in R&D and vaccine production.
“We need to accelerate action and support the World Health Organization in mobilizing and consolidating resources and distributing vaccines equitably and effectively. China actively supports and participates in international cooperation on COVID-19 vaccines, ”he said.
He said China has joined the COVAX facility and is ready to step up cooperation with other countries on vaccine R&D, production and distribution.
“We will honor our commitment to provide assistance and support to other developing countries, and we will work to make vaccines an accessible and affordable global public good for people around the world,” he said.
He said the G20 group should make the world economy work.
“While containing the virus, we must restore the safe and smooth functioning of global industrial and supply chains. We need to reduce tariffs and barriers, and explore liberalization of trade in essential medical supplies.
Xi said China has fully implemented the G20 Debt Service Suspension Initiative (DSSI) and postponed debt repayment totaling more than US $ 1.3 billion.
“We must maintain our support for developing countries and help them overcome the difficulties caused by the pandemic,” he said at the G20 summit in Riyadh via video link.
China supports the decision on extending the DSSI and will continue to work with other parties for its full implementation, he said.
“Meanwhile, China will increase the level of debt suspension and relief for countries facing special difficulties and encourage its financial institutions to provide new financial support on a voluntary basis and according to market principles,” did he declare.
“We need to reduce tariffs and barriers, and explore liberalization of trade in essential medical supplies. We need to further harmonize policies and standards and establish “fast lanes” to facilitate the orderly flow of personnel, “he said.
China has proposed a global mechanism for mutual recognition of health certificates based on nucleic acid test results in the form of internationally accepted QR codes, he said.
“We hope more countries will join this mechanism. We also support the G20 in implementing institutionalized cooperation and building global cooperation networks to facilitate the movement of personnel and goods, ”Xi said.