SENSE OF GLOBAL COMMUNITY
As the leader of the world's second-largest economy, Xi reiterated his vision of an international community in which all members shares the same fate and can stick together in times of difficulty.
Xi said the global village should be a stage for common development, rather than "an arena where gladiators fight each other," he said.
Xi's comments were echoed by International Monetary Fund Managing Director Christine Lagarde, who said all countries and regions should have a greater sense of responsibility for the consequences of their policies for their own nations and regions, as well as for the rest of the world.
Lagarde urged re-accelerating the international cooperation process, warning that compared to the beginning of the global financial crisis, the desire to cooperate has waned.
Xi also called for openness and inclusiveness to enhance common development in Asia and other regions.
In the past 10 years, trade within Asia has increased from 800 billion U.S. dollars to 3 trillion U.S. dollars, while Asian trade with other regions has grown from 1.5 trillion to 4.8 trillion U.S. dollars.
"This shows that cooperation in Asia is open and goes hand-in-hand with Asia's cooperation with other regions," Xi said. "Non-Asian countries should respect Asia's diversity and its long-standing tradition of cooperation."
RELEASING DYNAMICS
In his speech, Xi called for Asian countries to better cooperate and explore development paths suited to their national conditions.
He reminded countries that the global economy has entered a period of profound readjustment and its recovery remains elusive. The international financial sector is fraught with risk and protectionism is on the rise.
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