Chinese President Xi Jinping attends the World Economic Forum (WEF) Virtual Event of the Davos Agenda and delivers a special address via video link in Beijing, capital of China, Jan. 25, 2021. (Xinhua/Li Xueren)

President Xi calls for multilateralism to light up way forward amid pandemic, recession

BEIJING, Jan. 25 (Xinhua)

Chinese President Xi Jinping on Monday expounded on China’s stance over how to improve multilateralism against the backdrop of the COVID-19 pandemic and world economic recession, when attending his first international virtual gathering in 2021.

“Every choice and move we make today will shape the world of the future,” said Xi in his special address at the World Economic Forum (WEF) Virtual Event of the Davos Agenda.

REJECTING SELECTIVE MULTILATERALISM

Noting that the problems facing the world are intricate and complex, Xi said that the way out of them is “through upholding multilateralism and building a community with a shared future for mankind.”

“Multilateralism is about having international affairs addressed through consultation and the future of the world decided by everyone working together,” Xi said.

The Chinese president called on the international community to say no to narrow-minded, selfish beggar-thy-neighbor policies, and stop unilateral practice of keeping advantages in development all to oneself.

“Multilateralism should not be used as pretext for acts of unilateralism. Principles should be preserved and rules, once made, should be followed by all,” Xi said.

“Decision should not be made by simply showing off strong muscles or waving a big fist,” he said, adding that “selective multilateralism should not be our option.”

Each country is unique with its own history, culture and social system, and none is superior to the other, he said, reiterating that “no two leaves in the world are identical, and no histories, cultures or social systems are the same.”

“State-to-state relations should be coordinated and regulated through proper institutions and rules. The strong should not bully the weak,” he said.

Moreover, he said scientific and technological advances should benefit all humanity rather than be used to curb and contain other countries’ development.

Xi urged abandoning arrogance and isolation mindsets, saying that “we have been shown time and again that to beggar thy neighbor, to go it alone, and to slip into arrogant isolation will always fail.

Chinese medical team experts and Italian doctors pose for a photo in Padua, Italy, March 18, 2020. (Chinese Medical Team/Handout via Xinhua)

LOOKING TO FUTURE TO UPHOLD MULTILATERALISM

Xi noted that multilateral institutions provide the platforms for putting multilateralism into action and are the basic architecture underpinning multilateralism, saying that their authority and effectiveness should be safeguarded.

He called on the international community to stay committed to openness and inclusiveness, to international law and international rules, to consultation and cooperation, and to keeping up with the times instead of rejecting change.

“History and reality have made it clear, time and again, that the misguided approach of antagonism and confrontation, be it in the form of cold war, hot war, trade war or tech war, would eventually hurt all countries’ interests and undermine everyone’s well-being,” he said.

“To uphold multilateralism in the 21st century, we should promote its fine tradition, take on new perspectives and look to the future. We need to stand by the core values and basic principles of multilateralism. We also need to adapt to the changing international landscape and respond to global challenges as they arise. We need to reform and improve the global governance system on the basis of extensive consultation and consensus-building,” he said.

Xi urged to give full play to the role of the World Health Organization in building a global community of health for all, and to advance reform of the World Trade Organization and the international financial and monetary system in a way that boosts global economic growth and protects the development rights, interests and opportunities of developing countries.

Photo taken on July 15, 2020 shows the exterior view of the World Trade Organization (WTO) headquarters in Geneva, Switzerland. (Photo by Li Ye/Xinhua)

Adriano Lucatelli, co-founder and managing director of Descartes Finance, which is a leading Swiss digital wealth management company, told Xinhua that he expected China to continue to push for multilateralism to find global solutions for an after-pandemic world and wished China to take a leading role in fostering global cooperation.