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Statement by Ambassador Ma Zhaoxu at the Ministerial Meeting of the High-level Political Forum on Sustainable Development

2018/07/19

Mr. President,

China associates itself with the statement made by Egypt on behalf of the Group of 77 and China. The 2030 Agenda for Sustainable Development outlines a new vision for global development and offers new opportunities for international development cooperation. Over the past 3 years since its adoption, steady progress has been made in its global implementation. Nonetheless, countries still face great challenges and an up-hill battle before achieving sustainable development goals.

The international community should remain committed to equitable, open, comprehensive and innovative development, putting development high on the global agenda, with a focus on helping the developing countries break through development bottlenecks in an effort to rigorously implement the 2030 Agenda.

First, we must strive for equitable development to make development opportunities more equal. We need to improve global economic governance and increase the representation and voice of developing countries.

Second, we must pursue open development that benefits all. Countries need to build an open economy through consultation and contribution to achieve shared benefits.

Third, we must strive for comprehensive development and solidify the basis of development. Efforts should be made to achieve coordinated economic, social and environmental development.

Fourth, we must promote innovative development to unlock development potential. Countries should use reform and innovation to stimulate development, drive economic growth and foster new core competitiveness.

Mr. President,

Recently, unilateralism and protectionism have threatened global economic growth, causing widespread concern and rejection around the world. China opposes unilateralism and trade protectionism and advocates rational handling of differences and problems in trade relations. China is willing to work with all parties to safeguard free trade and the multilateral trading system and resolutely defend the common interests of all countries.

Mr. President,

This year marks the 40th anniversary of China's reform and opening up. Reform and opening up has provided powerful impetus to China's sustainable development. Since 2002, China’s average contribution to world economic growth has approached 30%, and China’s huge consumption and investment space have created more jobs for the world.

The “Belt and Road Initiative” has created a broad prospect for win-win cooperation between China and the world. In the past five years, China’s trade with countries along the route has exceeded US$5 trillion, its accumulative investment over US$70 billion, creating more than 200,000 jobs for local communities. In the next 15 years, China is expected to import 24 trillion US dollar worth of goods and absorb 2 trillion US dollars in foreign investments. Its outbound investment will reach 2 trillion US dollars. China will uphold the philosophy of innovative, coordinated, green, open and shared development, with focus on tackling uneven and inadequate development. We are willing to work with all parties to build an open world economy, maintain the multilateral trading system and rules, and steer globalization towards greater openness, inclusiveness, universal benefits, balance and win-win results. Together we will build a community with a shared future for humankind.

Thank you, Mr. President .

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