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00:00Professor Klaus Schwab. Ladies and gentlemen friends this past year was marked by the sudden onslaught of the Kailey Leinz 19 pandemic global public health she faced a severe threat and the world economy was mired in deep recession. Humanity encountered multiple crises rarely seen in human history not simply the past year also bore witness to the enormous resolve and courage of people around the world in battling the deadly Corona virus guided by science reason and a humanitarian spirit. The world has achieved initial progress in fighting Soviet 19 years. That said the CAC is far from over. The recent resurgence in Kovic cases reminds us that we must carry on the fight. Yet we remain convinced that winter cannot stop their rival of. And darkness can never shroud the light of dawn. There is no doubt that humanity will say Vale's into the virus and emerge even stronger from this disaster. Ladies and gentlemen friends history is moving forward and the world will not go back to what it was in the past. Every choice move we meet today will shape the world of the future. It is important that we properly address the four major tasks facing people of our times. The first is to step up macroeconomic policy coordination and jointly promote strong sustainable balanced and inclusive growth of the world economy. We are going through the worst recession since the end of World War Two. See for the first time in history the economies of all regions have been hit hard. At the same time with global industrial and supply chains clogged and trade and investment down in the doldrums despite the trillions of dollars in relief packages worldwide global recovery is rather shaken. And the outlook remains uncertain. We need to focus on current priorities and balance Corbett's response on economic development. Macroeconomic policy support should be stepped up to bring the world economy out of the woods as early as possible. More importantly we need to look beyond the horizon and strengthen our wealth and resolve for change. We need to shift the driving forces and the growth models of the global economy and improve its structure so as to set the course for long term sound and steady development of the world economy. The second is to abandon ideological prejudice and jointly follow a path of peaceful coexistence mutual benefit and win win cooperation. No two leaves in the world are identical and no histories cultures or social systems are the same. Each country is unique with its own history culture and social stands and none is superior to the other. The best criteria are whether a country's history culture and social system fit its particular situation. Enjoy peoples support serve to deliver political stability social progress and better lives and contribute to human progress not different histories cultures and social systems. As old as human societies. And they are inherent features of human civilization. There will be no human civilization without diversity and such diversity will continue to exist for as long as we can imagine. O Difference in itself is no cause for alarm. What does ringing alarm is arrogance prejudice and hatred. It is the attempt to impose hierarchy on human civilization or to force its own history culture and social system upon others. The right choice is for countries to pursue peaceful coexistence based on mutual respect and on expanding common ground while shelving differences and to promote exchanges and mutual learning. This is a way to add impetus to the progress of human civilization. The third is to close the divide between developed and developing countries and jointly bring about growth and prosperity for all. Today inequality continues to grow. The North-South gap remains to be breached and sustainable development faces severe challenges as countries grapple with a pandemic and economic recoveries are following divergent trajectories. And the North-South gap risks further widening and even perpetuation for developing countries aspiring for more resources and space for development. They are calling for stronger representation on voice in global economic governance. We should recognize that with the growth of developing countries global prosperity and stability put a more solid footing and developed countries will stand to benefit from such growth. The international community should keep its eyes on the long run honor its commitment and provide necessary support to developing countries and to safeguard their legitimate development interests. Equal rights equal opportunities and equal rules should be strengthened so that all countries. Well benefit from the opportunities and the fruits of development. The fourth is to come together against global challenges and jointly create a better future for humanity. In the era of economic globalization these are public health emergencies like Kogut 19 may very well turn back and global public health governance needs to be enhanced. The earth is our one and only home. Change to scale up efforts to address climate change and promote sustainable development plays bass on the future of humanity. No global problem can be solved by any one country alone. There must be global action and a global response and global cooperation. Ladies and gentlemen friends please. The problems facing the world are intricate and complex. The way out of them is through upholding multilateralism and building a community with a shared future for mankind. First we should stay committed to openness and inclusiveness instead of closeness and exclusion. Multilateralism is about having international affairs addressed through consultation and the future of the world decided by everyone working together to build small circles or start a new coach or to reject threaten or intimidate others to willfully impose decoupling supply disruption or sanctions and to create isolation or estrangement were only pushed the world into division and even confrontation. We cannot tackle common challenges in a divided world. And confrontation will lead us to a dead end.

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China’s Xi Calls for Unity, Warns Against New Cold War

President Xi Jinping, speaking at the Davos Agenda event, urged the world to work in harmony to help the recovery from the coronavirus pandemic, saying that “confrontation will lead us to a dead end.” He also called for an end to an “outdated Cold-War mentality” as he signaled that China will continue to forge its own path regardless of western criticism. (Translated from Mandarin to English.) (Source: Bloomberg)

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