Solidarity, development, security for all bedrock on which to build shared future

In his keynote speech delivered via video link at the opening of the Boao Forum for Asia Annual Conference 2022 on Thursday, President Xi Jinping called for confidence and cooperation in the face of changes that are "unfolding in ways like never before".

Building on the Global Development Initiative that he proposed in his speech at the 76th United Nations General Assembly last year that seeks greater cooperation to promote a new stage of balanced, coordinated, sustainable and inclusive growth, he urged greater practical cooperation in such key areas as pandemic response, poverty reduction, food security, development financing and industrialization.

Notably, Xi, who has said that peace and stability are the prerequisites for development and that development is the "golden key to address the world's problems", proposed a Global Security Initiative in his Boao speech.