History has proven time and again that both China and the United States will benefit from cooperation and lose from confrontation. China seeks to develop a new type of major country relationship with the United States. As for the US side, it needs to act with sincerity, match its words with deeds and take concrete actions together with China to stabilise the relations and prevent further deterioration.

Ladies and gentlemen, friends, throughout its 5,000-year history, the Chinese nation has always valued peace and harmony. Since the founding of the People's Republic of China more than 70 years ago, we never started a conflict, occupied an inch of foreign land, or raged a proxy war. China has one of the best peace record among major countries. China stays committed to the path of peaceful development. But we will never hesitate to defend our legitimate rights and interests, let alone sacrificing the nation's core interests.

Third, eliminating conflicts and confrontation through mutual trust and consultation. It is natural for countries to disagree with each other. But there are two approaches to addressing differences. One is exacerbating tension and adding fuel to flames, while the other is seeking consensus and promoting reconciliation and negotiations. It is quite clear which one is the right choice.

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It is so called rules-based international order. It never tells you what the rules are and who made these rules. It practices exceptionalism and double standards and only serves the interests and follows the rules of a small number of countries. A just an equitable environment for development meets the shared interests of Asia Pacific countries. Anyone who attempts to fleece the flock or prey on the weak will surely be opposed by countries in the region.

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As a matter of fact, regional countries have every wisdom and capability to settle their differences and disputes. At the end of the day, only enhancing dialogue and communication and promoting solidarity and cooperation will ensure stability in our region.

Second, Chinese modernisation has contributed significantly to safeguarding world peace. Peaceful development is enshrined in China's constitution. We firmly pursue a national defense policy that is defensive in the first place and have endeavoured to safeguard world and regional security.

Some country has willfully interfered in other country's internal affairs and matter in the affairs of other countries and frequently resorted to unilateral sanctions, incursion with force. It has incited colour revolutions and proxy wars in different regions create a chaos and turbulence and just walked away leaving a mess behind. We must never allow such things to happen again in the Asia Pacific.

I once read a line written by Chinese soldier on his mission. And here I quote, “If people ask why go into such dangerous places to keep peace, please tell them someone must step forward to safeguard the fundamentals of human civilization.” This is a simple wish of a Chinese soldier. It is also a solemn commitment made by the Chinese military to the world.

First, mutual respect should prevail over bullying and hegemony. Facts have proven that where there is hegemonism and power politics, there will be instability kills, and even worse. We, in China, believe that the key for countries to live in harmony is mutual respect and treating each other as equals. We are strongly opposed to imposing one's own will on others, placing one's own interests above those of others, and pursuing one's own security at the expense of others.

China is committed to promoting world peace and development with concrete actions. The Communist Party of China, uniting and leading the Chinese people in concerted efforts of several generations, has successfully blazed a Chinese path to modernisation. One distinctive feature of the Chinese path is peaceful development. This is an invaluable guide for our way forward that we have developed through years of hardships and dedicated efforts.

Today, as we look around, we see sluggish global economic recovery, resurging cold war mentality, rising regional conflicts, and security threats emerging one after another. Our world is far from tranquil, and people across the countries long for peace, development and cooperation.

The true design of pushing for NATO-like military alliances in the Asia Pacific is to hold countries in the region hostage and play up conflict and confrontation that attempts will only plan to the region into a whirlpool of division, disputes and conflicts. History has proven that block politics, division and confrontation have never delivered genuine security. They can only escalate tensions and destabilise the region.