China’s Global Security Initiative

Within Boao Forum for Asia In Hainan province, China yesterday, remarkable discussions related to global security and efforts to recover the world economy and sustainable development after the pandemic took place.

With a video speech in front of more than 300 guests who are leaders of many Asian countries, international organizations, and scholars, Chinese President Xi Jinping has proposed Global Security Initiative. Accordingly, security is a prerequisite for development and humanity lives in an indivisible security community. He also called for making Asia a fulcrum for world peace, a driving force for global growth, and a new model for international cooperation.

Also at the forum, the Director General of the International Monetary Fund (IMF) Kristalina Georgieva warned that the risk of a slowdown in the world’s second economy had a significant impact on the global economy. She said that China needs to promote consumption from households, support policies for businesses to invest in industries with low carbon emissions.

At the forum “Asian Intellectual Property: Trends and Opportunities”, Secretary General of the Forum Boao said that with the global economic recovery, there are still many uncertainties, innovation and protection of intellectual property rights. Intelligence is the key to scientific and technological progress and sustainable development. Asia is emerging as a global power in innovation and intellectual property rights, which has given a huge boost to the world economy.

At many forums, the delegates also raised many challenges facing Asia, such as the COVID-19 pandemic, the growing new traditional security risks, climate change and many other issues facing the world. in the development of the digital economy.

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