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Xi puts forward three-point proposal on global development at G20 summit

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Chinese President Xi Jinping on Tuesday delivered remarks at Session I of the 17th G20 Summit in Bali, Indonesia in which he put forward a three-point proposal, saying that we need to promote a more inclusive, universally beneficial and resilient global development.

Xi said that China supports the African Union to join the Group of 20 when addressing the G20 summit.

The 17th G20 Heads of State and Government Summit kicked off in Indonesia’s Bali on Tuesday with issues on world economic recovery, world health systems and climate change taking the center stage.

In his address, Xi also touched on topics including deepening international cooperation against COVID-19 and curbing global inflation.

Xi said China is working with some G20 members on debt treatment under the Common Framework for Debt Treatment beyond G20’s Debt Service Suspension Initiative (DSSI), thus helping relevant developing countries navigate through the difficult time.

The Chinese president told the G20 summit that food and energy security is “the most pressing challenge in global development,” calling interrupted supply chains and international cooperation “the root cause of the ongoing crises.”

“We must resolutely oppose the attempt to politicize food and energy issues or use them as tools and weapons. Unilateral sanctions must be removed, and restrictions on relevant scientific and technological cooperation must be lifted,” he said

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Xi: Leaders of China, U.S. need to chart right course for bilateral ties

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Chinese President Xi Jinping said on Monday during a meeting with Joe Biden, his U.S. counterpart, that the leaders of China and the U.S. need to the chart right course for bilateral ties.

Though the two leaders have remained in communication via video-conferences, phone calls and letters, none of them can really substitute face-to-face exchanges, Xi told Biden at the beginning of the meeting. 

“As leaders of two major countries, we need to play the leadership role, set the right course for the China-U.S. relationship and put it on an upward trajectory,” Xi said. 

‘History is the best textbook’

Xi pointed out that from the initial contact and the establishment of diplomatic relations to today, China and the U.S. have gone through 50-plus eventful years, with gains and losses as well as experience and lessons. 

“History is the best textbook. We should take it as a mirror and let it guide the future,” Xi told Biden. 

Currently, the state of China-U.S. relations is not in the fundamental interests of the two countries and peoples. It is not what the international community expects from us either, Xi said. 

‘Back to the track of healthy and stable growth’

During the meeting, Xi expressed hope that he could work with Biden to bring China-U.S. relations back to the track of healthy and stable growth to the benefit of the two countries and the world as a whole.

The Chinese president emphasized that, in this time and age, great changes are unfolding in ways like never before. 

The world expects China and the U.S. to properly handle their relationship, Xi said. 

“We should work with all countries to bring more hope to world peace, greater confidence in global stability, and stronger impetus to common development. As always, I am ready to have a candid and in-depth exchange of views with you on issues of strategic importance in China-U.S. relations and on major global and regional issues,” Xi said. 

The two leaders are in Bali, Indonesia for the 17th G20 Summit

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