Comparing the world today to a vast ocean in which all countries are interconnected and share a promising future and face the same challenges, he said: "No one can stay unscathed or deal with these challenges on their own. Shifting troubles to others is not the right way forward. Collective response is the only viable solution."

Through concrete actions, such as promoting Belt and Road cooperation, hosting the China International Import Expo, reducing the items on the negative list for foreign investment access and improving the business environment, China is sharing with the world the vast opportunities of its development, he noted.

Wang said: "The evolution of history is never a linear course. Only when seeing the direction clearly, can we make a rational and informed choice. The more difficulties we face, the more imperative it is for us to stay focused and patient, take concerted and vigorous actions, and let the sensible approach prevail."

The Chinese vice president expressed the hope that countries could work together to reduce peace deficit by expanding converging interests, reinforce the safeguards for peace by upholding multilateralism, overcome the challenges to peace by enhancing equal-footed consultation, and strengthen the bond of peace by encouraging dialogue among civilizations.

"We are confident that we will be able to build a world free of war and poverty, a world with security and prosperity shared by all," he emphasized.

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