President Xi Jinping remains ‘historic’ speeches are validated at Davos

Fu Jing in Davos, Switzerland
Displayed with permission from China Daily

Theme built on ‘shared future’ idea president unveiled in 2017

President Xi Jinping’s advocacy of a community with a shared future for mankind, an open economy, globalisation and fighting protectionism and isolationism has been widely welcomed and China has been transforming the proposals into action, said a senior Chinese official attending the World Economic Forum on Wednesday.

Liu He, a member of Political Bureau of the Communist Party of China Central Committee, addressed the four-day annual meeting, which ends on Friday. Last year, Xi made speeches that were considered historic in Davos and Geneva.

“President Xi came here last year and delivered a speech entitled Jointly Shoulder Responsibility of Our Times, Promote Global Growth, in which he expounded on China’s firm support for economic globalisation,” said Liu, a top economic policy adviser as head of the General Office of the Central Leading Group for Financial and Economic Affairs, responsible for mapping the country’s economic policies. “That speech was warmly received by the international community.”

Liu said that in line with Xi’s propositions in Davos, China has stood firm against all forms of protectionism in the past year.

He said China has strengthened protection of intellectual property rights, promoted fair competition, deepened the opening of financial markets and increased imports.

“With efforts to implement the Belt and Road Initiative, we are moving economic globalisation forward with concrete actions,” Liu said.

Liu said the theme of this year’s forum, Creating a Shared Future in a Fractured World, is highly relevant.

He quoted Xi as saying, “As long as we keep to the goal of building a community with a shared future for mankind and work hand in hand to fulfil our responsibilities and overcome difficulties, we will be able to create a better world and deliver better lives for our people.”

While urging improved labour productivity and changes in the savings rate in large economies, Liu warned that deep-seated problems in the world economy have yet to be fixed and multiple risks and considerable uncertainties come from high debts, asset bubbles, protectionism and the escalation of regional and international hot spots.

“To meet these challenges, to keep the growth momentum, and to turn the cyclical recovery into sustainable growth, we need concerted global efforts,” Liu said. “History often repeats itself in different ways or keeps revisiting similar crossroads. It is crucial to make prudent and rational choices – choices that will serve mankind well.”

He advocated having an open mind and taking a strategic perspective in dealing with global challenges like climate change, disruptive technologies and terrorism.

“No country can cope with them alone. We need to enhance mutual understanding, tolerance and trust. And we must seek cooperation in a sensible and practical manner,” Liu said.

“We need to shape a new type of international relations featuring mutual respect, fairness, justice and win-win cooperation, and build a community with a shared future for mankind. We believe this is the only way that will lead us to prosperity.”

Angus Deaton, an economics professor at Princeton University, told China Daily that Xi’s concept of a shared future for mankind is a great vision. “I think China is doing what they can to make it happen,” said Deaton, recipient of the 2015 Nobel Memorial Prize in Economic Sciences.

Rob Wainwright, director of Europol, the police authority based in The Hague, said Xi’s call for a shared future is significant.

“I work very much in Europe with US partners, but that is not enough. I am very pleased about the positive positions that China has taken so far,” Wainwright said.

In his speech, Liu also said that high-quality growth, instead of high-speed development, will predominate in China’s development in the coming years.

Liu said China is preparing a new reform package that will be announced when China celebrates the 40th anniversary of reform and opening-up this year.

Liu has said that the financial sector, manufacturing and services industries, intellectual property rights and imports are the four key sectors for China’s reforms this year.


Source: Repubhub/China Daily

BRICS members embrace open economy

An Baijie in Hamburg
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Xi tells leaders a multilateral trade system will bear fruit for all people

The leaders of the BRICS countries reached important consensus on building an open world economy and improving global economic governance during their informal meeting on the sidelines of the G20 Summit in Hamburg, Germany, on Friday.

President Xi Jinping presided over the meeting, since China holds the rotating presidency of the BRICS bloc this year.

The BRICS Summit will be held from September 3 to 5 in Xiamen, Fujian province.

Xi said in his speech that there are currently positive signs for the world’s economy, with a promising future for the development of BRICS countries, and at the same time, there are also challenges ahead for the BRICS members.

He called on the member countries to establish an open world economy, maintain a multilateral trade system and push forward open, inclusive, beneficial, balanced and win-win economic globalization, thus making the fruits of economic growth accessible for all people.

The BRICS countries should unswervingly stick to the principle of multilateralism in addressing conflicts and disputes, strive to achieve peace and cooperation, and make full use of multilateral mechanisms such as the United Nations to discuss international rules, he said.

In his speech, Xi highlighted the importance of the G20 in boosting international economic cooperation and improving global economic governance.

The consensuses reached at the G20 Summit in Hangzhou last year and other G20 summits should be implemented to create a good environment for the development of emerging economies and developing countries, Xi said.

Xi also encouraged the BRICS countries to play a leading role in supporting developing countries, especially African nations, to help them to improve development capacity.

Saying that preparations for the BRICS Summit in Xiamen are going smoothly, Xi added that he expected to make joint efforts with the other BRICS members to achieve fruitful outcomes, deepen BRICS cooperation, offer new solutions to improve global governance and contribute to global economic growth.

South African President Jacob Zuma, Brazilian President Michel Temer, Russian President Vladimir Putin and Indian Prime Minister Narendra Modi attended the meeting and agreed that the BRICS countries should keep the good momentum of cooperation on politics, economy and people-to-people exchanges to push forward practical cooperation of the BRICS members, according to a statement from China’s Foreign Ministry.

They also agreed to work together to send positive messages in the G20, to push the international order to develop in the direction of being more just and reasonable, and to create a better environment for the development of emerging markets, the statement said.

-Repubhub/ China Daily

China ready for more high-level Russia exchanges

Zhang Yunbi
Displayed with permission from China Daily

Beijing is ready to work with Moscow to prepare for high-level exchanges in the near future, as the two countries have always trusted and supported each other, no matter how the international situation changes, Foreign Minister Wang Yi said.

Wang made the remark while meeting with Russian President Vladimir Putin on Thursday in the Russian capital.

As part of the good relationship between the two emerging markets, bilateral meetings of leaders have been frequent, including Putin’s meeting with President Xi Jinping earlier this month during a trip to China to attend the Belt and Road Forum for International Cooperation in Beijing.

Wang said Putin made an important contribution to the success of the forum.

Putin told Wang he expects that Xi could visit Russia at an early date, and the bilateral comprehensive strategic partnership of coordination “is worthy of its name”.

Beijing and Moscow have kept close contact on global issues. Their senior diplomats have met recently to discuss the Korean Peninsula nuclear issue and the Syrian situation.

Wang said the two countries should also strengthen strategic cooperation on international affairs, firmly safeguard their strategic interests and jointly promote peaceful settlement of international and regional hot spot issues.

Putin said Russia and China should work closely together within multilateral frameworks such as BRICS, the Shanghai Cooperation Organisation and the G20. He also said the two countries should strengthen international security cooperation, jointly tackle hot spot issues and maintain global strategic stability.

Regarding bilateral cooperation, Wang said both sides should act on the guidance of their respective leaders and push for new outcomes of bilateral cooperation on linking the Belt and Road Initiative with the Eurasian Economic Union.

Putin said the economic situation in Russia is improving, the departments of both governments should strengthen communication and consultation, and major cooperative projects should be implemented effectively.

Jiang Yi, an expert on Russian studies at the Chinese Academy of Social Sciences, said the reinforced cooperation has laid a foundation for the lasting development of the bilateral partnership.

Progress in major projects will facilitate economic restructuring of both countries and boost their standing on the global stage, he said.

-Repubhub/China Daily

Capital hosts global gathering to explore paths for prosperity

May 15, 2017
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President Xi Jinping and his wife, Peng Liyuan, (center) have a group photo with delegates and guests before the welcome banquet for the Belt and Road Forum for International Cooperation at the Great Hall of the People in Beijing on Sunday. Wu Zhiyi / China Daily

Delegates and guests arrive at the welcome banquet held at the Great Hall of the People. Xu Jingxing / China Daily

A staff member displays commemorative stamps and envelopes at the China National Convention Center on Sunday. Zou Hong / China Daily

Media from home and abroad attend the opening ceremony of the Belt and Road Forum for International Cooperation at the China National Convention Center in Beijing on Sunday. Feng Yongbin / China Daily

German Minister for Economic Affairs and Energy Brigitte Zypries (center) attends the Plenary Session of High-Level Dialogue on the Belt and Road Forum for International Cooperation on Sunday. Zou Hong / China Daily

Yanqi Lake, 50 kilometers from downtown Beijing, surrounds the Beijing Huairou International Conference Center, one of the two main venues for the two-day forum that ends on Monday. Li Xin / Xinhua

– Image: Twitter

Xi: Dialogue needed to calm region

Li Xiaokun
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President urges US leader to assist in defusing Korean Peninsula situation

The Korean Peninsula issue should be settled through peaceful means, President Xi Jinping told US President Donald Trump on Wednesday, adding that Beijing is willing to continue a dialogue with Washington on the issue.

Xi spoke by telephone with Trump on the issue just days after his meeting with the US president on April 6 and 7 in Florida.

Xi “stressed that China sticks to the target of the denuclearisation of the Korean Peninsula and that China is committed to peace and stability of the peninsula,” according to a news release issued by the Foreign Ministry.

“China holds that the issue should be solved through peaceful means and is ready to maintain communication and coordination with the United States on the issue,” the statement said.

The two presidents also talked about the situation in Syria. Xi said any use of chemical weapons is unacceptable and that the path of political settlement should be followed.

He expressed the hope that the UN Security Council would speak in one voice, as it is important for the council’s members to remain united over the issue.

Xi said his recent tete-a-tete with Trump at the Mar-a-Lago estate in Florida has produced important results, which have won a positive response from among the Chinese people and the international community.

He and Trump have increased mutual understanding and established sound working relations, he added.

He urged the two sides to promote economic cooperation, expand exchanges in military, law enforcement, technology and communication, enhance communication and coordination regarding major global and regional issues through a newly established four-pronged dialogue mechanism.

Xi also asked teams from China and the US to work together to make sure Trump’s visit to China later this year will achieve fruitful results.

Trump has called the meeting with Xi at Mar-a-Lago a success. He said he was looking forward to his state visit to China this year.

When asked about the reason behind the phone conversation, which came right after Xi’s US trip, Foreign Ministry spokesman Lu Kang said on Wednesday that the two presidents agreed to keep close communication through all kinds of channels.

“After all, the time of the meetings was limited,” he said.

Lu said Beijing had taken note of remarks made by US Secretary of State Rex Tillerson that Washington would consider talking with Pyongyang after the Democratic People’s Republic of Korea to the north stops all nuclear and missile tests.

Ruan Zongze, executive deputy president of the China Institute of International Studies, said the situation on the Korean Peninsula issue is “very severe” and became an important topic of the phone conversation between the two leaders.

The US and the Republic of Korea to the south are conducting their biggest-ever military exercises, and the USS Carl Vinson aircraft carrier group is heading to the area.

“Once the situation is out of control, it will be a disaster to China and the region. So China has clearly expressed its resolution to keeping stability there, which is Beijing’s bottom line,” Ruan said.

The change of tone is a move forward in the right direction on the issue, Ruan added.

Xinhua contributed to this story.

Xi: Keep poverty-reduction promises

An Baijie
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The country’s poverty alleviation work is facing tougher challenges with the approach of the 2020 deadline for its ambitious poverty-eradication plan, President Xi Jinping said on Wednesday, while calling on officials to make greater efforts to help poverty-stricken people.

The Communist Party of China has made a solemn promise to lift all remaining poverty-stricken people out of that status by the end of 2020, said Xi, who is also general secretary of the CPC Central Committee and chairman of the Central Military Commission.

Xi made the remarks at a panel discussion with lawmakers from Sichuan province during the ongoing annual session of the National People’s Congress, the top legislature. Mountainous Sichuan, with many ethnic groups, has 3.8 million people living in poverty.

By a standard set in 2011, China categorizes those with an annual income lower than 2,300 yuan ($335) as poverty-stricken.

The number of people living in poverty in rural areas was reduced by 12.4 million last year to 43.35 million. The government will lift another 10 million people out of poverty this year, according to the Government Work Report delivered by Premier Li Keqiang on Sunday.

The whole process of poverty reduction requires tailored poverty relief policies and precision measures, and sometimes patience and accuracy like “doing embroidery”, Xi said.

The government should continue to dispatch officials to live in poor rural villages to focus on the poverty reduction work there, Xi said, adding that the authorities should make full use of poverty alleviation funds.

The president called for continuous measures to prevent those who have already escaped poverty from falling into that status again. Formalism should be stopped resolutely in poverty reduction work, he emphasized.

During the discussion, Xi also urged local authorities to push forward with supply-side structural reform in agriculture, improve quality and produce more green, organic and pollution-free farm products.

The integration of military and civil industries should speed up, Xi said, adding that a high-tech industry base should be built for military-civil integration.

The president also stressed the importance of clean governance. Government officials should stick to their beliefs, safeguard the authority and leadership of the CPC Central Committee and abide by political discipline and rules.

During the talks, the lawmakers gave their suggestions on issues including pushing forward reform, reconstruction work after the 2013 earthquake and Tibetan inhabitants’ livelihoods.


Xi calls on Shanghai to lead way

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President praises city, but asks it to do even more in opening-up, boosting innovation

President Xi Jinping said China will continue to open up in all respects, particularly in further liberalising and facilitating trade and investment, while calling on Sunday for Shanghai to take a leading role in deepening reform and boosting innovation.

Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, made the remarks during a panel discussion with Shanghai lawmakers at the National People’s Congress annual plenary session.

“The door of China’s opening-up will not close,” Xi said, mentioning that creating the pilot free trade zone in Shanghai was a strategic move by the CPC Central Committee.

The zone, inaugurated in 2013, has seen about 40,000 new enterprises emerge.

Shanghai also should make a difference in deepening free trade zone reforms, advancing the construction of scientific innovation centers and social governance innovation, and strengthening CPC discipline, Xi said.

The president said the city should be bold in its pilot projects, expanding its role as a testing ground for further reform and opening-up. He also urged the city to push forward with free trade and facilitation of investment. Its free trade zone should become a bridgehead for the country’s Belt and Road Initiative and help market entities go global, he said. That way, Shanghai can achieve innovative results that can be adopted by other regions.

China faced a complex global situation and downward pressure on its domestic economy in the past year, but the nation kept “seeking progress while maintaining stability”, pushed forward on supply-side structural reform, and achieved its goals of economic and social development, Xi said.

The president recognised the achievements of Shanghai authorities in the past year in areas such as boosting innovation, optimising economic structures and deepening reform.

The key to the supply-side structural reform is innovation, Xi said. He urged breakthroughs in key technology areas. He also advocated educational reform to create the talent needed for the country’s development.

Xi said Shanghai should explore new ways of social governance that fit a super municipality. He suggested use of information technology, including the internet and big data, to enhance intelligent city management to make the city more orderly, safer and cleaner.

The president also vowed to strengthen the discipline of the Communist Party of China. Party leaders must shoulder their responsibility in clean-governance supervision, he said.


South African Tourism makes big push to lure Chinese visitors

Yang Feiyue
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South African Tourism, which held events in Beijing on  Feb 27 and in Shanghai on March 1, will hold its next event in Hong Kong on 3 March.

This year it is focusing on the excitement, surprise, joy and awe awaiting Chinese visitors to South Africa.

“We are proud to invite visitors to encounter the jaw-dropping ‘Wow!’ moments, once-in-a-lifetime experiences and unforgettable adventures found nowhere else in the world,” says Bradley Brouwer, the president of the Asia Pacific for South African Tourism.

“South Africa casts a spell because it is not manufactured and mundane but authentically raw and unfiltered, which is exactly what today’s travelers seek,” he says.

A total of 117,000 Chinese visitors from China visited South Africa last year, representing a 38 percent year-on-year increase.

South Africa offers Chinese visitors compelling experiences combining pristine nature, wildlife, a city lifestyle, affordable luxury and amazing adventures from mountain hiking to shark cage-diving.

To encourage a seamless travel experience for Chinese citizens, South African Tourism has established visa facilitation centers in nine Chinese cities, including Beijing, Shanghai and Guangzhou.

– Repubhub

Why President Xi Jinping’s Davos Speech Received Great Appraisal

Chinese President Xi Jinping was one of the keynote speakers at the opening plenary of the 2017 annual meeting of the World Economic Forum in Davos, Switzerland on Tuesday.

President Jinping’s 50-minute address received much appraisal from attendees, even awarding him an applause. In his speech, Jinping touched on globalisation, the world economy and China’s development among other topics.

We’ve highlighted noteworthy parts of his address:

Today, I wish to address the global economy in the context of economic globalization.

The point I want to make is that many of the problems troubling the world are not caused by economic globalization. For instance, the refugee waves from the Middle East and North Africa in recent years have become a global concern. Several million people have been displaced, and some small children lost their lives while crossing the rough sea. This is indeed heartbreaking. It is war, conflict and regional turbulence that have created this problem, and its solution lies in making peace, promoting reconciliation and restoring stability. The international financial crisis is another example. It is not an inevitable outcome of economic globalization; rather, it is the consequence of excessive chase of profit by financial capital and grave failure of financial regulation. Just blaming economic globalization for the world’s problems is inconsistent with reality, and it will not help solve the problems

At present, the most pressing task before us is to steer the global economy out of difficulty. The global economy has remained sluggish for quite some time. The gap between the poor and the rich and between the South and the North is widening. The root cause is that the three critical issues in the economic sphere have not been effectively addressed.

First, lack of robust driving forces for global growth makes it difficult to sustain the steady growth of the global economy. The growth of the global economy is now at its slowest pace in seven years. Growth of global trade has been slower than global GDP growth. Short-term policy stimuli are ineffective. Fundamental structural reform is just unfolding. The global economy is now in a period of moving toward new growth drivers, and the role of traditional engines to drive growth has weakened. Despite the emergence of new technologies such as artificial intelligence and 3-D printing, new sources of growth are yet to emerge. A new path for the global economy remains elusive.

China has become the world’s second largest economy thanks to 38 years of reform and opening-up. A right path leads to a bright future. China has come this far because the Chinese people have, under the leadership of the Communist Party of China, blazed a development path that suits China’s actual conditions.

This is a path based on China’s realities. China has in the past years succeeded in embarking on a development path that suits itself by drawing on both the wisdom of its civilization and the practices of other countries in both East and West. In exploring this path, China refuses to stay insensitive to the changing times or to blindly follow in others’ footsteps. All roads lead to Rome. No country should view its own development path as the only viable one, still less should it impose its own development path on others.

To read the full speech, click here.

Wang Yi Holds Talks with Foreign Minister Geoffrey Onyeama of Nigeria

Wang Yi Holds Talks with Foreign Minister Geoffrey Onyeama of Nigeria

Wang Yi expressed that as the largest developing country in the world and Africa respectively, China and Nigeria are each other’s important strategic partner. In recent years, bilateral exchanges in various areas have been constantly deepening and bilateral cooperation has been at the forefront of China-Africa cooperation, yet there is still enormous space left to be explored compared with the market potential of both countries.

Wang Yi put forward five proposals on implementing the consensus reached between the two heads of state as well as the outcomes from the Johannesburg Summit of the Forum on China-Africa Cooperation in the next stage and elevating bilateral relations to a new stage. First, adhere to the one-China policy to consolidate the political foundation of bilateral relations; second, stick to the principle of mutual benefit and win-win results to build an upgraded version of China-Nigeria practical cooperation; third, support Nigeria to improve its capacity in maintaining security and stability by focusing on cooperation in peace and security; fourth, uphold the bridging role of people-to-people and cultural cooperation to expand the non-governmental and social foundation of China-Nigeria friendship; fifth, safeguard the common interests of developing countries by insisting on the platform of international cooperation.

Geoffrey Onyeama noted that Foreign Minister of China always chooses Africa as the destination of his first visit every year, which demonstrates the great importance attached by China to Africa and China-Africa solidarity and friendship. Last year, President Muhammadu Buhari paid a successful visit to China, during which he reached a spate of important consensus with President Xi Jinping. The Nigerian side is willing to take effective measures with China to well carry out these consensus. Currently, the country is devoted to accelerating industrialization process, improving people’s welfare and gradually shaking off the dependence on oil for diversified economic development. It is hoped that during this process, China can offer strong support. Nigeria agrees with China’s five proposals on bilateral cooperation in the next stage, holding that both sides enjoy tremendous potential in cooperation in railway, highway, hydropower development, military security and other areas. The Nigerian side is willing to further enhance exchanges and cooperation in various areas with China and hopes that more Chinese enterprises can participate in Nigeria’s national construction.

Wang Yi stated that a few days ago, the Nigerian side asked Taiwanese offices in Nigeria to remove their “false names” and “false plates”, move out of the capital city as well as reduce power and personnel and reiterated its adherence to the one-China policy, which China highly appreciates. Geoffrey Onyeama said that relevant measures of Nigeria aim at fulfilling the promises made by President Muhammadu Buhari during his visit to China and dealing with issues left by history that interfere with bilateral political mutual trust. It is hoped that both sides can take it as an opportunity to open up new prospects of bilateral cooperation.

The two Foreign Ministers also exchanged views on international and regional issues of common concern and agreed to further step up coordination and collaboration in international affairs between both countries.

After the talks, the two Foreign Ministers signed a joint statement on adhering to the one-China policy on behalf of respective government and jointly met the press.

This article first appeared on the website of the Embassy of the People’s Republic of China in the Republic of South Africa.