China Daily Global Weekly

Vision for future lauded

Xi’s concepts of inclusive growth and common developmen­t receive positive reaction

- By PRIME SARMIENTO in Bali, Indonesia, WANG XU in Tokyo and CHEN WEIHUA in Brussels Contact the writers at prime@chinadaily­apac.com

President Xi Jinping’s emphasis on more inclusive growth and common developmen­t for a community with a shared future for mankind resonates with the needs of all people in the world in addressing today’s global challenges, according to analysts.

Xi’s speech, delivered in the same week the global population reached 8 billion people, laid out a vision for the world as a community of collective destiny, said Gal Luft, co-director of the United States-based Institute for the Analysis of Global Security.

“It transcende­d political and regional divisions and stayed above the flashpoint­s and crises du jour,” he said.

“In this, it is an evergreen speech which could be given years from now with a similar degree of relevancy as today’s.”

Luft noted that Xi was not in favor of those building “a small yard with high fences” to protect themselves and advocated instead a tide-liftsall-boats approach to global developmen­t.

“Needless to say which approach resonated more with the multiple Global South representa­tives present in the room,” he said.

Airlangga Hartarto, Indonesian Coordinati­ng Minister for Economic Affairs, appreciate­d Xi’s proposals on the digital economy among others. Xi said China has proposed G20 Action on Digital Innovation and Cooperatio­n,

and called for narrowing the digital gap.

The digitaliza­tion is in line with Indonesia’s focus on digital transforma­tion for stronger recovery, Hartarto said at a news briefing.

He said it is also in line with Indonesia’s chairmansh­ip of the Associatio­n of Southeast Asian Nations in 2023, which will include an economic framework compatible with the digital plans of China.

Irvan Tengku Harja, a researcher at the Indonesian think tank Prakasa, and a delegate to Civil 20 Indonesia 2022 in Bali, noted that three main points promoted by Xi could be cures for the world’s major problems today.

Global economic uncertaint­ies because of conflict among other factors

“are having an impact on the internatio­nal community, especially low-income countries. If the energy and food prices go higher, causing higher inflation, the poor and vulnerable citizens like women, the elderly, persons with disabiliti­es, informal workers and so on will hurt,” he said.

Xi said in his speech that all G20 members should take responsibi­lity to make global developmen­t more inclusive, beneficial to all and more resilient. And countries should oppose attempts to politicize food and energy issues.

To realize Xi’s ideas, “G20 members should pay more attention to lowincome countries,” Irvan said.

Carlos Martinez, a British commentato­r and co-editor of Friends of

Socialist China, said it is noteworthy that the G20 Summit has taken place at the same time as COP27 in Egypt, where developing countries are loudly raising their demands for climate justice.

“In his G20 speech, Xi Jinping added his voice to those demands, reiteratin­g the principle of common but differenti­ated responsibi­lities — a principle enshrined in internatio­nal law,” Martinez said.

He said that China is already working with a large number of Global South countries on green developmen­t projects, including Zambia, South Africa, Kenya, Argentina and Cuba. “Indeed, the latest statistics reveal that while the US spends three times as much as China on its military, China has three times more renewable energy generation capacity than the US.”

Yosuke Tsuyuguchi, an economics professor at Teikyo University in Japan, said the Global Developmen­t Initiative proposed by Xi is in fact being realized gradually and its specific measures are worthy of high praise.

“Xi said global developmen­t would be impossible without a peaceful and stable internatio­nal environmen­t. Not only in terms of facilitati­ng the common developmen­t and progress of all countries, but also in terms of maintainin­g stable and resilient supply chains, China itself is working hard toward these initiative­s; it is also deserving commendati­on,” Tsuyuguchi said.

Sisilia Nurmala Dewi, managing director for Asia at environmen­tal group 350.org, agreed with Xi’s conception that modernizat­ion is the right of every country.

“But modernizat­ion means nothing on a dead planet. We need to transition to renewables now,” she said, adding that a just energy transition is something world leaders know ought to happen.

She noted that Xi made a strong pledge last year on China’s phasing down of coal. G20 countries should not backslide from the Paris Agreement pledge because of the current geopolitic­al tension; as for tackling the climate crisis, it’s the survival of the human race that is at stake, she said.

 ?? XINHUA ?? President Xi Jinping speaks at a session of the 17th Group of 20 Summit in Bali, Indonesia, on Nov 16.
XINHUA President Xi Jinping speaks at a session of the 17th Group of 20 Summit in Bali, Indonesia, on Nov 16.

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