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Wang Yi: China Has Made Active Contribution to Addressing Global Challenges

On June 25, 2021, State Councilor and Foreign Minister Wang Yi attended the Lanting Forum on China and the UN: Cooperation in 50 Years and Beyond and delivered a keynote speech.

Wang Yi said, on climate change, China has worked actively for the adoption of the Paris Agreement and has remained a firm supporter to it, and has facilitated solutions to environmental protection and sustainable development. At the General Debate of the 75th Session of the UN General Assembly, President Xi Jinping announced that China will strive to peak its CO2 emissions before 2030 and achieve carbon neutrality before 2060. Later at the Climate Ambition Summit, President Xi put forth more steps to scale up China's nationally determined contributions, testifying to China's sense of mission and responsibility. When the Asian financial crisis broke out in 1997, China's commitment of not letting the RMB depreciate served our neighboring economies well in navigating the crisis. In the wake of the 2008 financial crisis, our responsible macroeconomic policies were an important contribution to world economic recovery. In recent years in particular, China absorbed 25 percent of the total exports from least developed countries. Under the G20 Debt Service Suspension Initiative, China has put off more loan repayments than other countries. All these are concrete steps to narrow the North-South gap. In the global fight against COVID-19, we have launched as promptly as possible an emergency humanitarian operation, and have provided medical supplies to over 150 countries and 13 international organizations. President Xi Jinping has solemnly announced that Chinese vaccines will be made a global public good, and that China will be committed to ensuring accessibility and affordability of vaccines in developing countries. To date, China has provided 438 million doses of Chinese vaccines and raw ingredients to over 90 countries and international organizations. At the Global Health Summit last month, President Xi announced the major steps China will take to support international efforts to defeat the virus, sending once again China's strong message of solidarity to the world.

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