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Tian Qi | Meeting Global Challenges Through Partnerships | On point

 


This outgoing year 2020 is extraordinary. We have experienced the most severe global pandemic in a century, which is still wreaking havoc around the world.

Some countries face the threat of a second wave of infections. Containing the virus, stabilizing the economy and protecting livelihoods remains a long and arduous journey for all countries.

SOLUTIONS TO GLOBAL CHALLENGES

It is against this background that the 12th BRICS Summit, the 27th APEC Economic Leaders Meeting and the 15th G20 Leaders’ Summit were held from November 17 to 22, 2020. Chinese President Xi Jinping attended these events. multilateral events by video and put forward 23 important initiatives, proposals and measures to coordinate the fight against COVID-19 with economic and social development, cooperate to shape the post-pandemic international order and strengthen global economic governance.

Countries cannot fight the pandemic alone. The world will only be able to weather the pandemic through partnerships. President Xi reaffirmed that China will remain committed to openness and cooperation and adhere to multilateralism and the principle of deep consultation, joint contribution and shared benefits and come up with a package of solutions to facilitate global economic recovery, with openness, innovation, inclusiveness, and green development.

President Xi reiterated that China will continue to actively support and participate in international cooperation on COVID-19 vaccines; materialize the COVAX installation supported by the World Health Organization; share China’s vaccines with other countries, especially developing countries; and work to make vaccines an accessible and affordable global public good for people around the world. Currently, five Chinese vaccine candidates are in clinical trials, and phase one and phase two clinical trials of some other vaccines have been accelerated. The Chinese government actively supports cooperation between Chinese companies and other countries in vaccine research and development.

Following on from the vision of a community with a common future for humanity and mobilizing to address climate and other environmental challenges, President Xi also called on the international community to strengthen the collective response to climate change and deepen the transition to clean energy. Earlier this year, President Xi announced China’s initiative to increase its Nationally Determined Contributions and achieve peak carbon dioxide emissions by 2030 and achieve carbon neutrality in by 2060. China will honor its commitment and see its implementation succeed. China has built the world’s largest clean energy system and has led the world in the production and sales of new energy vehicles for five consecutive years.

THE NEW DEVELOPMENT PARADIGM BENEFITS THE WORLD

Building on its major strategic gains in the fight against COVID-19, China has made steady progress in economic development. In the first three quarters of this year, China’s economic growth turned positive. The fourth quarter is expected to see much faster growth. International institutions generally predict that China will become the only major economy to maintain positive growth this year.

On October 29, 2020, the fifth plenary session of the 19th Communist Party of China Central Committee adopted the Party leadership’s proposals for formulating the 14th Five-Year Plan (2021-2025) for national and long-term economic and social development. Goals through the year 2035, the content of which should be approved by the National People’s Congress next March. China will promote a new development paradigm with domestic circulation as a pillar and national and international circulation mutually reinforcing.

The new development paradigm will allow China to open up more widely and share more opportunities for common development with other countries. Openness is China’s basic policy which will not change at any time. China will remain committed to openness, cooperation and unity for win-win results. We will constantly expand global openness and explore more efficient ways to connect domestic and foreign markets and share factors of production and resources. At the same time, China, along with Jamaica and other countries, will continue to strongly support the multilateral trading system and engage more actively in the reform of the global economic governance system.

The new development paradigm will also allow China to fully unleash its market potential and create greater opportunities for other countries. China has 1.4 billion people and its middle-income population exceeds 400 million. The Chinese peoples’ aspiration for a better life will create an increased demand for a greater variety of quality products, technologies and services across the world. The huge Chinese market is the most promising in the world. China’s total imports are estimated to exceed US $ 22 trillion over the next decade. Our goal is to make the Chinese market a market for the world, a market shared by all and a market accessible to all.

In the years to come, China will experience a steady increase in its volume of foreign trade as well as its investments abroad. Through high-level opening, China will provide a wider market with more opportunities to the world, which will not only improve China’s development, but also create a fairer and more equitable global economic governance system to do advance the construction of a community with a shared future for humanity.

MUTUAL BENEFITS AND WIN-WIN COOPERATION

China and Jamaica are strategic partners. Jamaica is the first country in the region to sign the cooperation plan with China for the joint construction of the Belt and Road. China will work with Jamaica to pursue high quality Belt and Road cooperation; seek greater complementarity between our development strategies; and deepen effective cooperation in the areas of infrastructure, trade, agriculture, scientific and technological innovation, public health and people-to-people exchanges, with more specific cooperation projects in Jamaica and benefits more tangible for the Jamaican people.

Looking to the future, Chinese and Jamaican business communities can seize the opportunities of China’s new development paradigm for shared benefits. We welcome and encourage Jamaican companies to make full use of the platforms of China International Import Expo, China’s international services trade fair, among others, to develop business and economic cooperation. Besides high quality traditional Jamaican products like Blue Mountain Coffee and Rum, we would like to see more products and services, such as seafood, pork, seasonings, tourism, entertainment, music, exported to China. By working together, the business community could contribute to the recovery and growth of our two economies and bring more benefits to our people.

I am encouraged by the recent good news that Jamaica is one of four countries recognized by the Pan American Health Organization for their respective efforts to reduce the spread of COVID-19 through contract tracing mechanisms. I am confident that by stepping up our global cooperative efforts against COVID-19 and keeping the global economy open, we will navigate this difficult time together to defeat the virus at an early date and achieve robust, sustainable, balanced growth and inclusive for everything.

– Tian Qi, Chinese Ambassador to Jamaica. Send your comments to [email protected]

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