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Wang Yi Delivers a Speech at the Global Advisory Board Meeting of the School of Public Policy and Management of Tsinghua University
2020-11-07

On November 7, 2020, State Councilor and Foreign Minister Wang Yi attended the Global Advisory Board Meeting of the School of Public Policy and Management of Tsinghua University and delivered a speech entitled "Upholding Multilateralism to Tackle Global Challenges".

Wang Yi said COVID-19, which continues to spread and is re-surging, has put people's health and lives in jeopardy, plunged the world economy into deep recession, and accelerated the evolution of the international architecture. Facing the common challenges, can the international community choose solidarity over division, opening-up over isolation and cooperation over confrontation? This has put the wisdom, conscience and courage of humanity to a grave test. What has happened since the start of COVID-19 has proved time and again that humankind is a community with a shared future, multilateralism is the right way forward, and that strengthened global governance is an urgent necessity.

Wang Yi pointed out that at the high-level meetings marking the 75th anniversary of the United Nations (UN), President Xi Jinping articulated China's firm commitment to multilateralism, the path of peaceful development, and the building of a community with a shared future for mankind, announced a host of proposals and initiatives aimed at tackling global challenges and advancing common development, and shared his vision on how to carry forward multilateralism and strengthen global governance in a post-COVID era. China believes that:

Pursuing shared benefits through cooperation and consultation is a fundamental principle. The global governance system must be built by all countries. No country should pursue selfish interest or seek unilateral dominance. It is important to increase the voice and representation of developing countries, ensure that countries enjoy rights and opportunities while being bound by rules on an equal footing, and different countries, classes and groups can share the dividends of global governance.

Safeguarding international rules and order is the cornerstone. Relations among countries and their interests should only be regulated by mechanisms and rules. Sovereign equality, non-interference in domestic affairs, peaceful settlement of disputes and other basic norms of international relations should be respected. All must oppose hegemonism and power politics, reject unilateral sanctions and long-arm jurisdiction, and jointly uphold international fairness and justice.

Commitment to openness and connectivity is the right direction. To address deficiencies in global economic governance requires discarding all forms of protectionism, safeguarding the WTO-centered multilateral trading system, increasing trade and investment liberalization and facilitation, and enhancing openness and connectivity for mutual benefits.

Forging a sense of a community with a shared future provides the right guidance forward. Countries must discard ideological biases, and transcend ethnic and cultural differences, uphold the values of peace, development, equity, justice, democracy and freedom shared by all of us, and jointly look after our home planet and make it better.

Wang Yi stressed that throughout its response to the coronavirus, China has put lives and well-being of its people front and center, and has taken a science-based approach guided by a strong sense of responsibility. China has, with concrete actions, acted on the vision of building a community with a shared future for mankind. China has withstood this tough test and contributed its experience and practice to global battle against COVID-19. China will continue to hold high the banner of peace, development, cooperation and mutual benefits, uphold the vision of a community with a shared future for mankind, and keep to the purpose of our foreign policy for maintaining world peace and promoting common development, so as to share experience, offer solutions, and contribute to the efforts in resolving prominent issues in the world. China will continue to take an active part in international cooperation against COVID-19, firmly defend multilateralism, safeguard world peace and stability, promote global sustainable development, and vigorously promote opening-up for mutual benefits. China will foster a new development paradigm with domestic circulation as the mainstay and domestic and international circulations reinforcing each other, thus providing broader space for countries around the world to access its market and share the opportunities, and injecting fresh impetus to both the Chinese and world economy.

Wang Yi concluded that the world today needs multilateralism, solidarity and cooperation more than ever before. Every choice we make and every action we take today will shape the world tomorrow. Let us work together to build a community with a shared future for mankind, and stride forward on the right path of multilateralism and cooperation.

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