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Indispensable multilateralism
February 9, 2021
From January 25 to January 29, the World Economic Forum held the ‘Davos Agenda’ through video conference for the very first time. More than 2,000 politicians and business leaders around the world exchanged opinions online.
Chinese President Xi Jinping delivered a keynote speech, ‘Let the Torch of Multilateralism Light up Humanity’s Way Forward’, comprehensively analyzing the "four major issues" facing the world today and putting forward the "four persistences" necessary to cope with the global challenges, and China’s "five continuations" in helping each other and cooperating with other countries in the world.
"It was the best of times, it was the worst of times." At the Opening Session of the World Economic Forum Annual Meeting 2017, President Xi Jinping quoted English writer Charles Dickens to describe this world full of contradictions, challenges and uncertainties. Today, four years later, humankind is facing more crises and challenges. The Covid-19 pandemic is still disseminating globally, the world economy is in deep recession, and the global industrial chain and supply chain are suffering. Unilateralism, protectionism and bullying are on the rise, economic globalization has encountered a counter-current, and humanity has experienced multiple crises that are rare in history.

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