The state-run CCTV (June 23) reported that on the evening of June 22, Chinese President Xi
Jinping attended the opening ceremony of the BRICS Business Forum by video and delivered
a keynote speech entitled "Grasp the Trend of the Times and Create a Bright Future". Xi Jinping
said, "that at present, the world's century-old changes and the epidemic of the century are
intertwined, various security challenges emerge one after another, the world economic recovery
is struggling, and global development has encountered serious setbacks". Xi Jinping
emphasized that "we must unite and work together to maintain world peace and stability.
Painful history shows that hegemonism, bloc politics, and camp confrontation will not bring
peace and security, but will only lead to war and conflict. Believing in the status of strength,
expanding military alliances, and seeking one's own security at the expense of other countries'
security, will inevitably fall into a security dilemma. Only when everyone cherishes and
maintains peace, and only when everyone remembers the painful lessons of the war, can there
be hope for peace. We must not forget the original intention of the UN Charter and keep in
mind the mission of safeguarding peace". "Second, we should help each other and jointly
promote global sustainable development". Third, "some important industrial chains and supply
chains have been artificially interfered, global inflation remains high, the international financial
market continues to fluctuate, and the momentum of world economic recovery continues to
weaken. Everyone is worried that the world economy will fall into the quagmire of crisis". He
added "Major developed countries should adopt responsible economic policies to avoid spill
over of negative policy effects and serious impact on developing countries. Facts have proven
time and time again that sanctions are a "boomerang" and a "double-edged sword", politicizing,
instrumentalizing and weaponizing the world economy, taking advantage of the dominance of the international financial and monetary system to impose arbitrary sanctions, which will
ultimately harm others and bring harm to the people of the world". Fourth, we must be inclusive
and work together to expand openness and integration and overcome "headwinds and currents".
CCTV said 'Xi Jinping pointed out that the BRICS cooperation mechanism is an important
platform for cooperation between emerging market countries and developing countries. At
present, BRICS cooperation has entered a new stage of high-quality development. ... As long
as we raise the sails of mutual benefit and win-win results and hold the rudder of solidarity and
cooperation, the big ship of the BRICS countries will surely be able to ride the wind and waves
and sail to a brighter and better shore. It said South African President Ramaphosa, Brazilian
President Bolsonaro, Russian President Vladimir Putin, and Indian Prime Minister Narendra
Modi attended the opening ceremony of the forum and delivered speeches and about 1,000
people including BRICS economic and trade ministers, diplomatic envoys to China and
representatives of the business community attended the event. Politburo Standing Committee
member Hu Chunhua presided over the opening ceremony.
The Global Times (June 24) said in a virtual speech at the 14th BRICS Summit in Beijing,
Chinese President Xi Jinping on June 23 'lauded the BRICS mechanism as having shown
resilience and vitality in the current global crisis, and called on the mechanism to stay open and
inclusive to welcome like-minded partners to join the big BRICS family, while firmly opposing
the abuse of unilateral sanctions and rejecting "small circles" built around hegemony'. It quoted
Chinese analysts saying, 'the summit sent a strong signal to the world that apart from Westerndominated organizations, which have harmed the world economy with bloc-to-bloc
confrontation and abuse of sanctions, there are multilateral mechanisms formed by nonWestern major economies, just like BRICS, that can effectively represent the majority of the
international community in making joint efforts to realize recovery and overcome global
challenges'. It cited Wang Lei, Director of the Center for BRICS Cooperation Studies at Beijing
Normal University, as saying 'this is a clear trend of change in the global power balance,
showing that power is no longer monopolized by the US, and the West needs to get used to this
trend and embrace it, rather than contain it'.
|
