Xi lays out four priorities for world:
1) Step up "macroeconomic policy coordination" and promote "strong, sustainable, balanced and inclusive growth of the world economy";
2) Abandon ideological prejudice and "jointly follow a path of peaceful coexistence." Says no country is superior to another. "There would be no human civilization without diversity," he adds, taking aim at "arrogance, prejudice and hatred";
3) Close the divide between developed and developing countries. "With the growth of developing countries, global prosperity and security will be put on a more (solid) footing"; and,
4) "Come together against global challenges and jointly create a better future for humanity." "No global problem can be solved by any one country alone. There must be global action, global response, and global cooperation."
Xi calls on the world to take down trade barriers and bolster G-20 as predominant body for "global economic governance."
This is rich. Xi says countries should rely on international law rather than seeking "supremacy."
Xi says a UN-led international order must be maintained, which I think speaks to China's understanding of its domination of multilateral bodies like the WHO.
"The misguided approach of antagonism and confrontation...would eventually hurt all countries' interests," Xi says as he rejects cold wars, hot wars, and trade wars.
"We need to deliver on the Paris agreement on climate change and promote green development...implement the 2030 agenda for sustainable development," Xi says.
Xi says China has built a "moderately prosperous" society, and "moderate socialist" society.
"It serves no one's interests to use the pandemic as an excuse to reverse globalization," Xi says, asserting China is still committed to "opening up" and keeping global supply chains "smooth and stable."
"Winner-takes-all is not the guiding philosophy of the Chinese people," Xi says.
Xi takes another swipe at "arrogant isolationism," saying, "Let us all join hands and let multilateralism light our way to a community with a shared future for mankind."
That concludes Xi Jinping's virtual Davos agenda keynote Key takeaways:
- We need to embrace UN-led international world order, and international law;
- Don't retreat from globalization – double down on it;
- Reject isolationism, embrace nondiscrimination
- Paris/2030 are great
WEF executive chairman Klaus Schwab is now heaping praise onto Xi, who very much knows what he's doing. He's not speaking to ordinary people, but to world leaders. China's embrace of the international order says little more than that China sees itself winning under this system.
