In his keynote speech at the global governance forum, Xi raised "four deficits" in global affairs including governance deficit, trust deficit, peace deficit and development deficit. To address these deficits, he proposed a four-pronged approach of fairness and reasonableness, consultation and understanding, joint efforts and mutual assistance and mutual benefit and win-win results.
It is advisable to pursue an innovation-driven, well-coordinated and inter-connected, and fair and inclusive approach and forge a growth model of vitality, a cooperation model of openness and win-win results, and a development model of balance and common benefits, so that people from across the world could share the benefits of economic globalization, Xi said.
SHARED OPPORTUNITIES
This year marks the 70th anniversary of the founding of the People's Republic of China, Wang said.
During his visit, Xi, based on China's just-concluded Two Sessions earlier this month, illustrated to the European leaders the fine performances of the Chinese economy which had overcome multiple challenges in 2018.
Wang said Xi also introduced the newly-adopted foreign investment law, emphasizing that it is necessary to use legal means to better protect intellectual property rights and attract foreign investment.
Xi pointed out that China will continue to push forward all-round reform and opening-up, promote trade and investment liberalization and facilitation, so that European friends can better share China's development opportunities.
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