GLOBALink | Xi's Davos speech pivotal to multilateral cooperation

Source: Xinhua| 2021-01-26 22:54:31|Editor: huaxia

GENEVA, Jan. 26 (Xinhua) -- Chinese President Xi Jinping's new Davos speech was pivotal to boosting multilateral cooperation, leaders of international organizations, business executives and economists have said, stressing China's role as a growth engine in supporting global economic recovery.

Addressing the World Economic Forum (WEF) Virtual Event of the Davos Agenda on Monday, Xi called on the world to abandon ideological prejudice and jointly follow a path of peaceful coexistence, mutual benefit and win-win cooperation.

"Difference in itself is no cause for alarm. What does ring the alarm is arrogance, prejudice and hatred," Xi said.

No global problem can be solved by any one country alone, and there must be global action, global response and global cooperation, Xi stressed.

International Labor Organization Director-General Guy Ryder said he is pleased that the emphasis of Xi's speech was on international cooperation.

"We need much more international cooperation so that everybody can apply the necessary policies. Multilateralism, international cooperation in vaccine policy but also in employment and financial policy needs to be on top of the policy agenda as we start this new year," he told Xinhua in an interview.

Produced by Xinhua Global Service