G20 Brazil: The Rio Summit

LEADERS’ VIEWS

Xi Jinping President, China

The five principles of peaceful coexistence

implementation of the Global Development Initiative, so as to facilitate growth in Global South countries. It will renew the China-IFAD [International Fund for Agricultural Development] South-South and Triangular Cooperation Facility, and make an additional Renminbi contribution equivalent to US$10 million to be used to support agricultural development of the Global South. China is ready to discuss free trade arrangements with more Global South countries, continue to support the WTO’s [World Trade Organization’s] Aid for Trade initiative, and renew its contribution to the WTO’s China Program. It welcomes more Global South countries to join the Initiative on International Trade and Economic Cooperation Framework for Digital Economy and Green Development. Between now and 2030, China’s imports from fellow developing countries is expected to exceed US$8 trillion … China’s resolve to stay on the path of peaceful development will not change … It has been playing a constructive role in the Ukraine crisis, the Palestinian-Israeli conflict, and issues relating to the Korean Peninsula, Iran, Myanmar, and Afghanistan. Every increase of China’s strength is an increase of the prospects of world peace … China’s resolve to promote common development across the world will not change. High-quality development of the Chinese economy will provide strong impetus to world economic growth. Modernization achieved by 1.4 billion Chinese people means the addition of a new super-large market larger than all developed countries combined. China will only open itself ever wider to the outside world. Its door will never close. We are planning to take, and in some cases already taking, major steps to further deepen reform across the board and expand institutional opening up. We will build a business environment that is more solidly based on [the] market and rule of law and is up to international standards. “Small yard with high fences,” decoupling, and severing industrial and supply chains simply run counter to the tide of history. They will do nothing but harm the common interests of the international community. Address to the Conference Marking the 70th Anniversary

N o matter how the world evolves, one basic fact will not change. There is only one Planet Earth in the universe, and the whole [of] mankind [has] one common home. Our shared future depends on Earth. We must take good care of it, and leave a happy land for our future generations … At this historic moment when mankind [has] to choose between peace and war, prosperity and recession, unity and confrontation, we must champion more than ever the essence of the Five Principles of Peaceful Coexistence, and we must always strive tirelessly for the lofty goal of building a community with a shared future for mankind. We need to uphold the principle of sovereign equality. The Five Principles of Peaceful Coexistence center on the principle of sovereign equality … An equal and orderly multipolar world means every country can find its place in a multipolar system and play its due role pursuant to international law, so that the process of multipolarization is stable and constructive on the whole. We need to cement the foundation of mutual respect. Countries must make equality, mutual respect and mutual trust the ground rules of engagement … We must jointly uphold the ‘golden rule’ of non-interference, and jointly oppose acts of imposing one’s will on others, stoking bloc confrontation, creating small circles, and forcing others to pick sides. We need to turn the vision for peace and security into reality … In today’s interdependent world, absolute security and exclusive security are just not viable. The China-proposed Global Security Initiative is aimed to advocate the vision of common, comprehensive, cooperative and sustainable security … We need to unite all forces to achieve prosperity … In the era of economic globalization, what is needed is not gaps of division but bridges of communication, not iron curtains of confrontation but highways

of cooperation. China has been advocating a universally beneficial and inclusive economic globalization, promoting high-quality Belt and Road cooperation, and endeavoring to deliver on the Global Development Initiative … We need to commit to fairness and justice ... In face of the new developments and challenges, the authority and central role of the United Nations can only be strengthened rather than weakened … Our goal is that international rules should be made and observed by all countries. World affairs should be handled through extensive consultation, not dictated by those with more muscles. We need to embrace an open and inclusive mindset … The Global Civilization Initiative proposed by China is aimed at increasing understanding and friendship among peoples and promoting tolerance and mutual learning among civilizations … Of all the forces in the world, the Global South stands out with a strong momentum, playing a vital role in promoting human progress … To better support Global South cooperation, China will establish a Global South research center. It will provide 1,000 scholarships under the Five Principles of Peaceful Coexistence Scholarship of Excellence and 100,000 training opportunities to

Global South countries in the coming five years. It will also launch a Global South youth leaders program. China will continue to make good use of the China–U.N. Peace and Development Fund, the Global Development and South-South Cooperation Fund, and the Climate Change South-South

Cooperation Fund, and will work with interested parties to set up a tripartite center of excellence for the

of the Five Principles of Peaceful Coexistence, 28 June 2024

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2024 — G20 BRAZIL: THE RIO SUMMIT

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