History has proven time and again that both China and the United States will benefit from cooperation and lose from confrontation. China seeks to dev… - Li Shangfu

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.

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.

Third, Chinese modernisation has played its role in improving global governance. Facing growing deficits in global governance, China holds high the banner of multilateralism and endeavours to follow a vision of global governance featuring extensive consultation, joint contribution and shared benefits. We take seriously the legitimate security concerns of other countries and are committed to advancing global security governance.