Xi: Globalization an Irreversible Trend

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  President Xi Jinping met with Chairman of the Boao Forum for Asia (BFA) Ban Ki-moon at the Great Hall of the People in Beijing on May 15.
  Xi Jinping pointed out that the BFA, established at the beginning of this century, reflects the aspirations of Asian nations to pursue strength through unity, jointly meet challenges and increase the influence of Asia. The mission and purpose of the BFA are to promote economic integration in Asia and boost exchange and cooperation between countries in the region and the rest of the world to achieve mutual benefits and win-win results. As the host country, China will support the work of the Board of Directors of the BFA as always and back the BFA to continue increasing its influence.
  President Xi stressed that as the international landscape becomes more unstable and uncertain and new problems and challenges emerge one after another, all Asian countries and the international community need to make wise choices between opening up and isolation, innovation and conservatism, as well as between win-win results and zero-sum games. “I have made it clear to everyone at the BFA Annual Conference 2018 that economic globalization is an irreversible trend of the times, and the future of all countries in the world has never been as closely linked as they are today,” remarked Xi. “Facing problems born of economic globalization, avoidance is not a solution, and the light at the end of the tunnel is multilateral coordination.”
  Ban Ki-moon thanked the Chinese government for its strong support of the BFA. He remarked that in the current situation, the BFA should send out a clear message supporting globalization and free trade and make full use of the Belt and Road Initiative of China to promote Asia’s continued opening up and innovation while fostering better development. In the long run, the BFA should go beyond Asia while still rooted in Asia and become an important platform for boosting the harmonious coexistence of the people of the world to build a community with a shared future for mankind.
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