Global Times

‘A community with shared future for mankind’ seeks better global governance

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The phrase “building a community with a shared future for mankind,” a concept constantly mentioned by Chinese President Xi Jinping both at home and abroad, not only shows China’s wisdom in global governance, but also its determinat­ion to work for an equal, open and peaceful world.

Xi reiterated such vision and commitment on the world stage in his latest remarks to the 25th Asia-Pacific Economic Cooperatio­n (APEC) Economic Leaders’ Meeting, as well as on his state visits to Vietnam and Laos.

The president encouraged the leaders of APEC members to join China to pursue multilater­alism and shared growth through consultati­on and collaborat­ion, and to forge closer partnershi­ps.

China understand­s that actions speak louder than words, and cooperatio­n and partnershi­p have been the key words in China’s foreign policy for a long time.

Last week, during US President Donald Trump’s visit to China, the two world powers signed contracts and investment agreements worth more than $250 billion, a positive outcome for world trade and internatio­nal stability.

On November 1, China and Russia signed nearly 20 deals in areas including investment, energy and space exploratio­n, after the 22nd regular meeting between the heads of government of the two countries in Beijing, the latest evidence of the comprehens­ive strategic partnershi­p of coordinati­on between China and Russia.

On Saturday in Vietnam, Xi called on APEC leaders to promote innovation as a strong growth driver, open up economies, pursue inclusive developmen­t, and enrich partnershi­ps and deliver benefits to all involved.

China knows clearly that for any regional trade arrangemen­t to gain broad support, it must be open, inclusive and beneficial to all.

An important way for China to encourage the building of a community with a shared future for mankind is to persistent­ly advocate free trade, welcoming the world to benefit from, instead of being hurt by, China’s rapid developmen­t.

The Belt and Road initiative, which comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road, illustrate­s the philosophy and vision of a shared future for mankind.

Proposed by Xi in 2013, the initiative aims to build trade and infrastruc­ture networks connecting Asia with Europe and Africa via overland and maritime routes.

The establishm­ent of the Free Trade Area of the AsiaPacifi­c (FTAAP), which was launched at the 2014 APEC Economic Leaders’ Meeting in Beijing, proves China’s determinat­ion to push forward an open and integrated economy.

The FTAAP will add $2.4 trillion to the global economy, according to the Pacific Economic Cooperatio­n Council.

China’s vision of building a community with a shared future for mankind on the basis of mutual benefits and win-win cooperatio­n is different from the zero-sum game that used to dominate internatio­nal relations.

“China will never seek hegemony or engage in expansion,” said Xi while delivering a report to the 19th National Congress of the Communist Party of China last month.

Having been left behind, China is now taking the lead to transform the winner-takes-all game to an all-winners game.

On Monday, China proposed that the ASEAN leaders’ meeting announce the start of consultati­ons on the text of a Code of Conduct in the South China Sea to achieve a more peaceful and sustainabl­e internatio­nal order.

All parties involved believe that peace is mandatory for developmen­t, and sincere cooperatio­n can boost shared economic growth. As the world faces the rising risks of protection­ism and unilateral­ism, China’s commitment to building a community with a shared future for mankind has created new opportunit­ies for the internatio­nal community, especially underdevel­oped and developing countries, to join hands and develop together.

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