Remarks by H.E. Ambassador Wang Qun at the Fourth China-OPEC High-level Dialogue
7 December 2020
Minister Zhang Jianhua,
Secretary-General Mohammed Barkindo,
I am really glad to see you again since our last dialogue six month ago.
2020 is indeed a tough year, with COVID-19 pandemic plunging the people of all countries into deep suffering, and the world economy, into recession. However, more and more countries have been working in a concerted effort and adopting more resolute and effective prevention and control measures in fighting the pandemic. And with good news keeping coming from the R&D of vaccines, we have reasons to be optimistic about the recovery of the world economy in the coming year.
China, for its part, has taken the lead, though through painstaking efforts, in controlling the pandemic, but also managed to maintain its economic recovery steadily by bringing its work and production back on the track again. China will become the only major economy in the world to achieve positive economic growth this year. China’s confidence comes not only from what it has achieved, but also from the clearly-defined future plan by the Chinese Communist Party and the Chinese government and the continuity of its development policies. The 19th Central Committee of the Communist Party of China concluded its 5th Plenary Session successfully last October. The Session adopted Recommendations for Formulating the 14th Five-Year for National Economic and Social Development and the Long-Range Objectives through 2035, which has laid out not only the vision of basically realizing socialist modernization by 2035, but also set out clearly the priorities of China’s economic development during the 14th Five-Year Plan period.
According to the above recommendations, we will work to foster a new development paradigm with, on the one hand, domestic circulation as the mainstay, and on the other hand, domestic and international circulation mutually reinforcing and supplementing each other. We will focus on the real economy, pick up the pace of our development of a modern industrial system, and promote the optimization and upgrading of the economic system. We will deepen our reform on all fronts, build a more competitive socialist market economic system, in promotion of maximum integration of the effectiveness of both the market and the government. And we will work to adapt ourselves to the trend of economic globalization by putting in place a new system of open economy of higher standards. This will inevitably create more opportunities for the world to benefit from China’s high quality development through win-win cooperation.
During the 14th Five-Year Plan period, the Chinese government will intensify its economic cooperation with countries around the world. We will work together with all other countries to build the Belt and Road on the principle of extensive consultation, joint contribution and shared benefits. We will intensify international macro-economic policy coordination, safeguard the multilateral trading system, advance infrastructure inter-connectivity in promotion of the development of an open world economy. We will accelerate international cooperation in the digital field by focusing on the role of innovation in steering global development. And we will support the indigenous capacity of the developing countries in a bid to facilitate solutions to imbalance in global development. All these will inject vitality into the recovery of the world economy after the pandemic, in promotion of the sound and sustainable development of the global energy market, thus providing development opportunities for the broader international community, including OPEC countries.
This year marks the 60th anniversary of the founding of OPEC and the 15th anniversary of the establishment of the dialogue mechanism between China and OPEC. Under the new situation, I see great prospects for a more fruitful cooperation between China and OPEC. The Chinese Permanent Mission in Vienna stands ready to play a greater role as a bridge to facilitate such a cooperation between the two sides.
In conclusion, I wish today’s meeting a great success!