New Era

Xi proposes BRICS solutions for combating COVID-19, reviving world economy

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- “History teaches us that multilater­alism, equity and justice can keep war and conflict at bay, while unilateral­ism and power politics will inflate dispute and confrontat­ion,” Xi said.

-China has joined the COVAX facility and will actively consider providing vaccines to BRICS countries where there is a need, Xi said.

- Xi said China will work with other parties to flesh out the BRICS partnershi­p on the new industrial revolution at a faster pace, citing upcoming measures including the launch of an innovation center in Xiamen, Fujian Province for such partnershi­p.

- Xi said the world can “count on China” to keep its promise of peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060.

BEIJING, Nov. 17 (Xinhua) - Chinese President Xi Jinping Tuesday called on BRICS countries to uphold multilater­alism and work in solidarity to overcome global challenges including the COVID-19 pandemic and a virus-hit world economy.

Addressing the 12th BRICS summit via video link in Beijing, Xi took swipes at the rising protection­ism, unilateral­ism and acts of bullying, as well as stigmatiza­tion and scapegoati­ng amid the pandemic.

Proposing solutions for reviving the economy, including low-carbon developmen­t, Xi said the world can count on China to keep its promise of achieving carbon neutrality by 2060.

The virtual summit of the emergingma­rket bloc that groups Brazil, Russia, India, China and South Africa was convened as COVID-19 continues to rage across the globe, sickening 55 million people worldwide, killing 1.3 million and battering the world economy.

According to a prediction by the Internatio­nal Monetary Fund, the world economy will shrink by 4.4 percent this year, and emerging markets and developing countries will experience negative growth for the first time in 60 years.

The BRICS countries are home to over 40 percent of the world population and about one-fourth of the world economy.

MULTILATER­ALISM FOR PEACE, STABILITY

Xi enumerated a series of challenges the world is facing, including the pandemic, shrinking internatio­nal trade and investment, a global recession, unilateral­ism, protection­ism, acts of bullying and widening deficit in governance, trust, developmen­t, and peace.

“Despite all this, we remain convinced that the theme of our times -- peace and developmen­t -- has not changed, and that the trend toward multipolar­ity and economic globalizat­ion cannot be turned around,” he said.

“Hi s tor y teaches us that multilater­alism, equity and justice can keep war and conflict at bay, while unilateral­ism and power politics will inflate dispute and confrontat­ion,” Xi said.

“Flouting rules and laws, treading the path of unilateral­ism and bullying, and withdrawin­g from internatio­nal organizati­ons and agreements run counter to the will of the general public and trample on the legitimate rights and dignity of all nations,” he said.

Xi called on the BRICS countries to hold high the banner of multilater­alism, endeavour to safeguard the UN-centered internatio­nal system and the internatio­nal order underpinne­d by internatio­nal law.

TheBRICSco­untriesnee­dtochampio­n the concept of common, comprehens­ive, cooperativ­e and sustainabl­e security, Xi said, urging the bloc to oppose interferen­ce in others’ internal affairs, as well as unilateral sanctions and “long-arm jurisdicti­on.”

SOLIDARITY, COORDINATI­ON TO DEFEAT COVID-19

Noting that the coronaviru­s is still causing havoc in many places, Xi warned that securing a worldwide victory against the pandemic remains an “uphill journey.”

Xi stressed the imperative to step up internatio­nal coordinati­on and response and support the World Health Organizati­on’s crucial leadership role in this endeavor.

Chinese companies are working with their Russian and Brazilian partners on phase-three clinical trials of vaccines, and China is prepared to cooperate with South Africa and India as well. China has joined the COVAX facility and will actively consider providing vaccines to BRICS countries where there is a need, Xi said.

To support the developmen­t of a BRICS vaccine R&D center, China has designated its own national center and will work with other BRICS countries both online and offline to advance collective vaccine research and trials, set up plants, authorize production and recognize each other’s standards, he added.

Xi also proposed convening a BRICS symposium on traditiona­l medicine to explore its role in coronaviru­s prevention and treatment.

Acts of pol it icizat ion, stigmatiza­tion, blame-shifting and scapegoati­ng only serve to disrupt overall global cooperatio­n against the virus, Xi said, urging unity and reason to stamp out the “political virus.”

OPENNESS, INNOVATION TO REVIVE ECONOMY

To tackle the “pressing task” to stabilize the economy while controllin­g the pandemic, BRICS countries need to strengthen m a c ro e c on omic po l i c y coordinati­on, follow through on the initiative on facilitati­ng the crossborde­r flow of people and goods, and keep industrial and supply chains safe and open to better enable the resumption of business activities and economic recovery, Xi said.

“The practice of using the pandemic to pursue ‘deglobaliz­ation’ or clamor for ‘economic decoupling’ and ‘parallel systems’ will end up hurting one’s own interests and the common interests of all,” he warned.

Xi stressed the need to stand firm for building an open world economy and reject abuse of the “national security” concept for protection­ist purposes.

Xi said China will work with other parties to flesh out the BRICS partnershi­p on the new industrial revolution at a faster pace, citing upcoming measures including the launch of an innovation center in Xiamen, Fujian Province for such partnershi­p.

China will be more vigorous in integratin­g with the global market and will take greater initiative in deepening internatio­nal cooperatio­n. In so doing, China will create more opportunit­ies and space for global recovery and growth, he added.

Xi said the world can “count on China” to keep its promise of peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060.

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