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Wang Yi: China Will Stay Committed to Peaceful, Open, Cooperative, Win-win and Inclusive Development
2020-08-31

On August 30, 2020 local time, State Councilor and Foreign Minister Wang Yi delivered a speech entitled "Upholding the Trend of Peace and Development of Our World with Unity, Cooperation, Openness and Inclusiveness" at the French Institute of International Relations.

Wang Yi said, given the evolving global environment, we have set out the goal of fostering a new, dual-cycle development architecture with the domestic cycle as the mainstay and with domestic and international development reinforcing each other. Such a development structure draws from the strengths of China's mega-sized market and the huge potential of domestic demand. China will further tap into its domestic demand, expand opening-up and share more of its development dividends with the rest of the world. We hope our recovery and development will fuel common recovery and development of the world.

China will stay committed to peaceful development. China is not the former Soviet Union, still less will it or can it be another United States. No matter how developed China becomes, it will never seek hegemony or expansion. What China pursues is a new model of state-to-state relations featuring dialogue and partnership, not confrontation or alliance. We hope to forge broader partnerships and further expand our circle of friendship in the world.

China will stay committed to open development. China will not shut its door to the outside world, but only open it wider. We will further lower tariffs, shorten the negative list for foreign investment, ease market access, and make market rules more transparent and the business environment more attractive. We will upgrade our open economy and pursue openness and cooperation in all directions, at all levels and in all forms to create more opportunities for the world.

China will stay committed to cooperative development. China's development has benefited from cooperation with other countries. We will continue to strengthen coordination and cooperation with other major countries, increase friendship with our neighbors and enhance solidarity and cooperation with other developing countries. We will work closely with all countries to pursue greater security, better development and meet common challenges together.

China will stay committed to win-win development. China is against the zero-sum or winner-takes-all approach of development. We will never go down the beaten path of grabbing others' resources or sacrificing others' interests. We believe that global governance should be based on consultation, cooperation and shared benefits. By following a win-win strategy of opening-up, we will make the pie of cooperation bigger and pursue common development with all countries.

China is committed to inclusive development. We always believe the world is colorful. We respect the right of other peoples to choose their own development path. We do not seek to export our system or model of development, nor are we interested in ideological confrontation. We will continue to take concrete actions to protect the diversity of civilizations and promote exchanges and mutual learning between development models.

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