The annual World Economic Forum (WEF) has opened in Davos, Switzerland. Government leaders, politicians, entrepreneurs, economists and scholars are meeting together at the world’s highest-level economic forum to explore the key theme of “Creating a Shared Future in a Fractured World.”
One of the key words of the theme is “fractured,” which accurately describes the political and economic situation of the world today. In 2017, there was no sign of effective control of the “anti-globalization” trend. On the contrary, the trend became increasingly powerful. Geopolitical tensions exacerbated, and the process towards Middle East peace was prone with uncertainties. The United States, which has traditionally advocates trade liberalization, suddenly changed its attitude and withdrew from the Trans-Pacific Partnership (TPP), the Paris Climate Accord, and the United Nations Educational, Scientific and Cultural Organization (UNESCO) one after another. With Donald Trump’s dogged insistence on “America First,” the United States is moving away from the globalization.
The world is faced with increasing fragmentation and friction because of many countries’ economic predicaments and a rising wealth gap resulting from unequal distribution of global interests. In this context, China has put forward its proposals for meeting global challenges and creating a better world. In his speech to the Davos World Economic Forum one year ago, Chinese President Xi Jinping expounded the vision of building a community with a shared future for all humanity. With its emphasis on the correlation of different countries’ interests, the vision calls for all countries to work hand in hand to fulfill their responsibilities and overcome difficulties. It advocates developing a new world order featuring fairness and justice and pursuing sustainable development.
The vision has offered guidance for us to enhance cooperation and seek common development, through which we can get world economic and political development back on track. China has been carrying out its side of the work in recent years through such efforts as promoting the implementation of the Belt and Road Initiative and the founding of the Asian Infrastructure Investment Bank.
Regardless of countries, races, social systems, cultures and religions, the vision of building “a community with a shared future for all humanity” has charted a course designed to avoid conflicts and achieve common development from a higher perspective. Meanwhile, it reflects a philosophy valued by China for thousands of years, namely, “A just cause should be pursued for the common good.”
Davos: Chinese proposal for the common good
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