Xi Jinping attended the opening ceremony of the BRICS Business Forum and delivered a keynote speech

Beijing, June 22. On the evening of June 22, President Xi Jinping attended the opening ceremony of the BRICS Business Forum by video and delivered a keynote speech entitled "Grasping the Trend of the Times and Creating a Bright Future.

On the evening of June 22, President Xi Jinping attended the opening ceremony of the BRICS Business Forum by video and delivered a keynote speech entitled "Grasping the Trend of the Times and Creating a Bright Future. Photo by Xinhua News Agency reporter Ju Peng

Xi Jinping pointed out that at present, the world's century-old changes and the century epidemic are intertwined, various security challenges are emerging one after another, the world economic recovery is struggling, and global development has suffered serious setbacks. Where is the world heading? Peace or war? Development or recession? Openness or closure? Cooperation or confrontation? This is the question of the times before us.
Xi Jinping stressed that the long river of history is sometimes calm and sometimes turbulent, but it will always rush forward. Although the international situation is changing, the historical trend of open development will not change, nor will the desire to work together to meet challenges. We must not be afraid of clouds covering our eyes, accurately understand the laws of historical development, not be confused by temporary events, not be afraid of risks, bravely face challenges, and move forward bravely towards the goal of building a community with a shared future for mankind.
First, we must unite and work together to maintain world peace and stability. The bitter history shows that hegemonism, bloc politics and camp confrontation will not bring peace and security, but will only lead to war and conflict. Superstitious about the position of strength, expanding military alliances and seeking their own security at the expense of the security of other countries will inevitably lead to security dilemmas. Only when everyone cherishes peace and maintains peace, and only when everyone remembers the painful lessons of war, can there be hope for peace. We must not forget the original intention of the Charter of the United Nations and remember the mission of safeguarding peace. Not long ago, I put forward the Global Security Initiative, advocating that all countries adhere to a common, comprehensive, cooperative and sustainable security concept; adhere to respect for the sovereignty and territorial integrity of all countries; adhere to the purposes and principles of the Charter of the United Nations; adhere to the legitimate security concerns of all countries; adhere to the peaceful settlement of differences and disputes between countries through dialogue and consultation; and adhere to the overall maintenance of security in traditional and non-traditional areas. The international community should abandon the zero-sum game, jointly oppose hegemonism and power politics, build a new type of international relations of mutual respect, fairness and justice, and win-win cooperation, and establish a sense of community of solidarity and security, so that the sunshine of peace can illuminate the world.
Second, we must help each other and jointly promote global sustainable development. At present, the global development process has been severely impacted. 1.2 billion populations in nearly 70 countries around the world are facing epidemics, food, energy, and debt crises, and the global poverty reduction gains of the past few decades may be in vain. Last year, I put forward the Global Development Initiative, calling for the implementation of the United Nations 2030 Agenda for Sustainable Development, the promotion of a united, equal, balanced, and inclusive global development partnership, and the comprehensive promotion of poverty reduction, health, education, digital connectivity, and industrialization. Cooperation in other fields. We should strengthen food and energy cooperation and raise the level of food and energy security. We should seize the opportunity of the new round of scientific and technological revolution and industrial transformation, promote the global flow of innovative factors, and help developing countries accelerate the development of digital economy and green transformation. We should actively carry out anti-epidemic cooperation, provide more anti-epidemic drugs to developing countries, and strive to overcome the epidemic at an early date. We must persist in taking the heart of the people and the interests of the world as our heart, and promote global development into a new era for the benefit of people of all countries.
Third, we must work together to achieve win-win cooperation. At present, some important industrial chain supply chains have been artificially disturbed, global inflation remains high, the international financial market continues to be turbulent, and the momentum of world economic recovery continues to weaken. Everyone is worried that the world economy will not fall into the quagmire of crisis. At this critical moment, only by persisting in helping each other in the same boat, unity and cooperation can we overcome the economic crisis. We must think from one heart and work hard to strengthen macroeconomic policy coordination. Major developed countries should adopt responsible economic policies to avoid spillover of negative policy effects and avoid serious impact on developing countries. Facts have repeatedly proved that sanctions are "boomerangs" and "double-edged swords", politicizing, instrumentalizing, and weaponizing the world economy, and using the dominant position of the international financial and monetary system to impose sanctions, which will eventually harm others and themselves and cause disasters to the people of the world.
Fourth, we should be inclusive and inclusive, and jointly expand openness and integration. For a period of time, economic globalization has encountered "headwinds and countercurrents". There is widespread concern in the international community about the fragmentation of the world economy into isolated regions. Economic globalization is an objective requirement of the development of productive forces and an irresistible historical trend. If you reverse history and try to block other people's road, you will only block your own road in the end. We must adhere to openness and inclusiveness, remove all barriers that hinder the development of productive forces, guide and promote the healthy development of globalization, allow the free flow of capital and technology, let innovation and wisdom fully emerge, and bring together the joint forces of world economic growth. It is necessary to maintain the multilateral trading system with the World Trade Organization at its core, eliminate trade, investment, and technical barriers, and promote the construction of an open world economy. We must adhere to extensive consultation, joint contribution and shared benefits, strengthen global economic governance, increase the representation and voice of emerging market countries and developing countries, and ensure equal rights, equal rules, and equal opportunities for all countries.

On the evening of June 22, President Xi Jinping attended the opening ceremony of the BRICS Business Forum by video and delivered a keynote speech entitled "Grasping the Trend of the Times and Creating a Bright Future. Photo by Xinhua News Agency reporter Yin Bogu

Xi Jinping stressed that since the beginning of this year, in the face of a complex and severe domestic and international development environment, China has insisted on coordinating epidemic prevention and control and economic and social development, insisting on the supremacy of the people and life, protecting people's lives and health to the greatest extent, and stabilizing the basic plate of economic and social development to the greatest extent. China will intensify macroeconomic policy adjustments and take more effective measures to achieve the annual economic and social development goals. In the second half of the year, we will hold the 20th National Congress of the Communist Party of China to draw up a blueprint for China's development in the next stage. China will base itself on the new development stage, implement the new development concept, actively build a new development pattern, and strive to achieve high-quality development. China will continue to raise the level of opening up to the outside world, build a new high-level open economic system, and continue to create a market-oriented, rule-of-law, and international business environment. We warmly welcome you to invest in China, strengthen economic and trade cooperation and share development opportunities.
Xi Jinping pointed out that the BRICS cooperation mechanism is an important platform for cooperation between emerging market countries and developing countries. At present, BRICS cooperation has entered a new stage of high-quality development. It is hoped that entrepreneurs will carry forward the spirit of perseverance and courage, be the promoters of open development, the leaders of innovation and development, and the practitioners of shared development, so as to cheer for BRICS cooperation and make development results more and more equitable. Benefit all people. As long as we hold high the sail of mutual benefit and win-win results and hold the rudder of unity and cooperation, the big ship of the BRICS countries will surely be able to ride the wind and waves and sail to a brighter and better shore.
The 2022 BRICS Business Forum was held in Beijing on June 22 in a combination of online and offline. South African President Ramaphosa, Brazilian President Bolsonaro, Russian President Putin, and Indian Prime Minister Modi attended the opening ceremony of the forum and delivered speeches. About 1000 BRICS economic and trade ministers, diplomatic envoys to China and representatives of the business community attended the meeting.

Xinhua News Agency