Xinhua News Agency, Beijing, May 18. On May 18, Chinese President Xi Jinping delivered a video speech at the celebration of the 70th anniversary of the establishment of the China Council for the Promotion of International Trade and the Global Trade and Investment Promotion Summit.

  Xi Jinping pointed out that since its establishment in 1952, the China Council for the Promotion of International Trade (CCPIT), based in China and facing the world, has played an important role in tightening the ties of interests between Chinese and foreign enterprises, promoting international economic and trade exchanges, and promoting the development of state-to-state relations.

The 70-year history of the China Council for the Promotion of International Trade is an important manifestation of China's continuous expansion of opening up, and it is also an important witness of the sharing of development opportunities and the realization of mutual benefit and win-win results for enterprises from all over the world.

  Xi Jinping emphasized that at present, the century-old changes and the epidemic of the century are intertwined, economic globalization is facing adverse currents, and the world has entered a new period of turbulence and change.

Business circles of various countries have more ardent expectations for peaceful development, stronger calls for fairness and justice, and more urgent pursuit of win-win cooperation.

Xi Jinping made 4 suggestions:

  First, we must work together to defeat the epidemic.

The repeated delays of the new crown pneumonia epidemic have brought serious threats to people's life safety and health, and have a serious impact on the development of the world economy.

We must uphold the supremacy of the people and life, actively carry out international cooperation in vaccine research and development, production, and distribution, strengthen global public health governance, build multiple defense lines against the epidemic, and promote the building of a community of human health.

  Second, revitalize trade and investment.

It is necessary to coordinate epidemic prevention and control and economic development, and strengthen the coordination of macroeconomic policies of various countries.

We will comprehensively advance the United Nations' 2030 Agenda for Sustainable Development, and promote the transformation of the world economy's driving force, mode, and structure, so that the world economy can embark on a long-term, healthy and stable development track.

It is necessary to support the multilateral trading system with the World Trade Organization at its core, maintain the security and stability of the global industrial chain and supply chain, make the cake of cooperation bigger, and make development achievements better benefit the people of all countries.

  Third, adhere to innovation-driven.

It is necessary to tap the potential for innovation and growth, jointly strengthen the protection of intellectual property rights, formulate rules on the basis of full participation and consensus building, and create an open, fair, just and non-discriminatory environment for scientific and technological development.

It is necessary to deepen innovation exchanges and cooperation, promote the deep integration of science and technology with the economy, strengthen the sharing of innovation achievements, and strive to break down barriers that restrict the flow of innovation elements such as knowledge, technology, and talents.

  Fourth, improve global governance.

We must adhere to true multilateralism, practice the global governance concept of extensive consultation, joint contribution and shared benefits, mobilize global resources, respond to global challenges, and promote global development.

We must adhere to dialogue without confrontation, tear down walls without building walls, integrate without decoupling, inclusiveness without exclusion, and lead the reform of the global governance system with the concept of fairness and justice.

  Xi Jinping stressed that China's determination to expand high-level opening-up will not change, and China's door will only open wider.

China will continue to create a market-oriented, law-based and international business environment, implement the Regional Comprehensive Economic Partnership Agreement at a high level, promote high-quality joint construction of the “Belt and Road”, and provide more market opportunities, investment opportunities and growth for the global business community opportunity.

Let us join hands, adhere to peace, development, cooperation and win-win, jointly solve the current problems faced by the world economy and international trade and investment, and move towards a better future together.