Interpretation of President Xi’s keynote speech at the annual meeting of the Davos Forum

The original title shines on the beacon of the world economic ship - Interpretation of President Xi’s keynote speech at the annual meeting of the Davos Forum
Sublime and broad feelings, rich and profound thoughts, vivid and solid interpretation. President Xi Jinping’s keynote speech entitled “Sharing the Responsibility of the Times and Promoting Global Development”, which was presented at the opening ceremony of the 2017 World Economic Forum in Davos, Switzerland on the 17th, caused strong repercussions at home and abroad.
At the critical moment when the international situation changes and the western protectionism trend rises, President Xi declared the Chinese proposition and the Chinese plan on economic globalization and the world economic difficulties in the speech, pointing out the direction for the world economic ship. President Xi also explained China's development path, China's mutually beneficial relationship with the world, and showed China's path to cracking the problem and promoting the economy to maintain medium-to-high-speed growth and move toward the middle and high-end levels.
Experts at home and abroad believe that President Xi’s speech has enhanced the confidence of the international community in the development of China and the world.

Strengthening globalization to show wisdom and courage
In today's world, problems are growing. Some people think that the problem lies in economic globalization, and advocates letting the sea of ​​the world economy return to an isolated small lake and small river. In this regard, President Xi clearly pointed out that simply blaming the problems plaguing the world on economic globalization is neither in line with the facts nor helpful for solving problems.
Wang Huiyao, chairman of the China and Globalization Think Tank, said that President Xi’s speech is the first time that Chinese leaders have systematically expounded China’s understanding of globalization on a global public platform, fully embodying the wisdom and courage of President Xi as a leader of a great power.
"From the British 'Brexit' to the US general election, the world has experienced too many shocks in recent times. Now it is at the beginning of the new year, the new president of the United States is about to take office. In such a moment of uncertainty, the Chinese leadership People put forward a firm stand on globalization, which embodies China's leading role, and has the role of a sea god pin. It is a powerful agent for the development of globalization," said Wang Huiyao.
In his speech, President Xi expressed his views on the current international situation and issued a Chinese voice on the roots of world issues. This speech marks the development of China from the participants to the leaders, whether it is global governance or global. The resolution of major issues is also good," said Zong Zongze, executive vice president of the China Institute of International Studies.
International public opinion is very concerned about President Xi’s positive voice on the issue of globalization. The EU media EurActiv online edition pointed out that when world leaders gathered in Davos to try to clarify the crux of recent economic and political turmoil, Chinese President Xi Jinping made active efforts to support globalization. "China has shown in Davos that it is willing to act as a leader in globalization and multilateralism."
Throughout human history, it is not difficult to find that economic globalization is the objective requirement of the development of social productive forces and the inevitable result of scientific and technological progress. It provides a powerful driving force for world economic growth, promotes the flow of goods and capital, advances in science and technology and civilization, and the people of all countries. Communication.
Like everything, the process of economic globalization is not perfect, but also has its shortcomings, bringing some new problems to the world. But it is not possible to kill economic globalization as a stick, but to adapt and guide economic globalization.
Since the main problem of the world economy is not from globalization, where does it come from? To this end, President Xi pointed to the world economy and pointed out three prominent contradictions: First, the global growth momentum is insufficient, it is difficult to support the sustained and steady growth of the world economy; second, the global economic governance is lagging behind, it is difficult to adapt to the new changes in the world economy; third, the global development imbalance, It is difficult to meet people's expectations for a better life. On this basis, he puts the right medicine and proposes to create "four modes":
-- Adhere to innovation drive and create a dynamic growth model.
-- Adhere to synergy and create an open and win-win cooperation model.
-- Adhere to the times and create a fair and reasonable governance model.
-- Adhere to fairness and tolerance and build a balanced development model.
Lin Yifu, former chief economist of the World Bank, said that the right medicine can only cure the disease. The problem that is now emerging is actually that the global economic growth is slowing down, international governance cannot reflect the contributions of developing countries, and there are some problems of inequality between the rich and the poor in developed countries during the rapid economic development.
“So, President Xi proposed an innovation drive to improve the global governance structure so that developing countries can make more voices and enable globalization to promote global development. In the process of development, not only the rich can benefit, but the general public can also Get the benefits," Lin said.

Explain the Chinese road to show confidence and responsibility
In his speech, President Xi also explained China's development path. He pointed out that the road determines fate. The key to China's development lies in the fact that under the leadership of the Communist Party of China, the Chinese people have embarked on a development path suited to China's national conditions.
Based on a series of solid data, President Xi pointed out that China's development is an opportunity for the world. China is a beneficiary of economic globalization and a contributor. He told the world with a confident and inclusive attitude that the Chinese people open their arms to welcome people from all over the world to take advantage of China's development of "fast cars" and "free cars."
In the view of Gao Dawei, a well-known French Sinologist and founder of the China-Europe Forum, when some Western leaders continue to advocate protectionism, President Xi has adhered to the stance of internationalism, multilateralism and multi-polarization. This is a choice that meets the requirements of the times. Bringing China's image and global status to a new height.
"The true greatness cannot be self-styled, nor can it be based on hegemonism. It is a recognition of the contribution of other countries to a country's long-term commitment to human prosperity and peace," Gao Dawei said. He stressed: "The world will tell us what greatness is, whether it is a speculative populism that tries to push the country above other countries, or a revival of a civilization that is committed to promoting a more harmonious world."
In response to China's economic prospects of concern to the world, President Xi said that China's economic development has entered a new normal, and economic growth, economic development mode, economic structure, and economic development momentum are undergoing major changes. But the long-term fundamentals of the Chinese economy have not changed.
As a major initiative for China to promote cooperation among countries and promote world economic growth, the “Belt and Road Initiative” initiative has been actively supported by more than 100 countries and international organizations in just over three years. Countries and international organizations have signed cooperation agreements with China. In his speech, President Xi also announced that in May this year, China will host the “Belt and Road” international cooperation summit forum in Beijing.
It can be said that in the context of the predicament of the world economy and the rise of protectionism, China has demonstrated the role of the great powers with its long-term vision and practical actions.
Ahmed Gandil, an expert on energy and Asia at the Egyptian Pyramid Political and Strategic Research Center, believes that the “Belt and Road” initiative proposed by President Xi is a good model for promoting economic growth by promoting cooperation among countries, and is receiving most of the world’s The country is welcome.
"After some unexpected incidents in Europe and the United States, everyone thought that globalization is going to be impossible, because the European and American countries used to be the promoters of globalization, but now they are going back. But because of China's launch of the 'One Belt, One Road' initiative, globalization has gained New kinetic energy," said Zong Zongze.
He believes that the “Belt and Road” is the catalyst for the next version of globalization. The essence of globalization is open and inclusive development, and the “Belt and Road” advocates openness, inclusiveness, and interoperability. It promotes linkage development and the sharing of opportunities and dividends. "From this perspective, the 'Belt and Road' is a catalyst for globalization in a difficult period and promoting globalization to a deeper level. This is China's contribution." (Note holders: Zhao Zhuoyu, Chen Jing; Participating reporters: Zhou Wei, Deng茜, Han Bing, Ying Qiang, Liu Hongde, Wang Xue, Gui Tao)

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