Third, we should pursue inclusive growth to deliver benefits to people of all countries. Uneven and insufficient development is a common challenge facing all countries. The North-South gap, namely, the gap between developed countries and emerging markets and developing countries, remains huge. And there are also development gaps of varying degrees within countries.

The 2030 Agenda for Sustainable Development provides a comprehensive action plan for the international community. We BRICS countries should, basing ourselves on our actual national conditions, follow the guidance of the 2030 Agenda as we pursue our own development strategies. We should put people first, ensure coordinated economic and social development and protect the environment, thus giving our people a stronger sense of fulfillment and happiness. We should ensure harmony between man and nature and encourage the international community to fully implement the Paris Agreement. We should treat nature with awe and do more to foster an ecological system conducive to green development. It is necessary to promote international development cooperation, urge developed countries to fulfill their promises on official development assistance and increase support to developing countries.

Home to more developing countries than any other continent, Africa has more development potential than any other region in the world. We should strengthen cooperation with Africa, support its development and make BRICS-Africa cooperation a model for South-South cooperation. We should actively carry out cooperation with African countries in such areas as poverty reduction, food security, innovation, infrastructure development and industrialization in a way compatible with their national conditions. We should help African countries develop their economic structure, contribute to the implementation of Agenda 2063 of the African Union and thus enable Africa, an ancient continent, to gain strong vitality.

Fourth, we should uphold multilateralism and improve global governance. An enabling and stable external environment is crucial for the development of all countries, especially emerging markets and developing countries. Obviously, the current international order is not a perfect one. But as long as it is rule-based, aims to be equitable and pursues win-win outcomes as its goal, such an international order should not be discarded at will, still less should it be dismantled and rebuilt all over again.

We BRICS countries must uphold multilateralism. We should urge all parties to fully observe collectively adopted international rules, and we should treat all countries as equals regardless of their size, address issues that matter to all through consultation and oppose hegemony and power politics. We should promote common, comprehensive, cooperative and sustainable security, get actively involved in mediation efforts for resolving geopolitical hotspot issues. It is important for us to firmly support the multilateral trading regime, advance global economic governance reform and increase the representation and voice of emerging markets and developing countries. When new rules are made on such issues as innovation, trade and investment and intellectual property protection or on new frontiers including cyberspace, outer space or the polar regions, we should make sure that the views of emerging markets and developing countries are heeded, their interests and demands are taken into consideration, and there are sufficient opportunities for their development.

Ladies and gentlemen,

Friends,

This year marks the 40th anniversary of China's reform and opening-up. Success only comes through hard work. During the past 40 years, China has come a long way. With strenuous efforts, China has blazed a path of building socialism with distinctive Chinese features. Proceeding from China's realities and developing a global vision, we in China have both drawn strength from the wisdom of the time-honored Chinese civilization and learned from other countries, both east and west. We have embraced the world and integrated our country fully into it. While pursuing its own development, China has also made important contribution to peace and development of mankind.

As the world's biggest developing country, China will ride the trend of the times and pursue innovation-driven, coordinated, green and open development for all. We will step up efforts to pursue innovation-driven development and fully engage in international cooperation on innovation and technologies. We will take an active part in South-South cooperation to foster greater opportunities for common development of emerging markets and developing countries.

China will continue to develop itself with its door wide open. At the annual conference of the Boao Forum for Asia held last April, I announced a number of new initiatives to open China further, and these initiatives are being speedily pursued. China will build a more investment-friendly environment that is aligned with international standards, more transparent and law-based and encourages competition and opposes monopoly. China will take tough law enforcement steps to strengthen protection of intellectual property rights and make IPR infringement even more costly. We encourage companies to maintain normal technological exchanges and cooperation, and will see to it that their lawful intellectual property rights are protected. China will also increase imports to promote balance of payment under the current account.

China will host the first China International Import Expo in Shanghai this November, a major move to firmly support trade liberalization and open its market. The Expo will serve as a new platform for the world to access the Chinese market. By now, over 130 countries and regions and more than 2,800 companies have confirmed participation and over 150,000 buyers in and outside China are expected to attend this fair. I welcome business leaders from other BRICS and African countries to attend the Expo.

China will continue to vigorously pursue the Belt and Road Initiative to create new opportunities of social and economic development for participating countries and for them to implement the UN 2030 Agenda. The Belt and Road Initiative, guided by the principle of seeking shared benefits through extensive consultation and joint contribution, originated in China but belongs to the world. It is our sincere hope that other BRICS countries, African countries and other emerging markets and developing countries will forge strong partnerships with this initiative so that its benefits will reach more countries and their peoples.

China and African countries are destined to be good friends, good brothers and good partners, and China-Africa cooperation stands as a fine example of South-South cooperation. This coming September will see a reunion of China and African countries at the Summit of the Forum on China-Africa Cooperation in Beijing. Themed on "China and Africa: Toward an Even Stronger Community with a Shared Future through Win-Win Cooperation," the Beijing Summit aims to enhance complementarity between China-Africa joint efforts to pursue the Belt and Road Initiative, the 2030 Agenda and the 2063 Agenda on the one hand and the development strategies of African countries on the other. This will enable China and Africa to pursue high quality and high standard cooperation for mutual benefit and common development.

Ladies and gentlemen,

Friends,

Business cooperation is the most important and fruitful aspect of BRICS cooperation. Thanks to our joint efforts, new advances have been made in this cooperation this year. We BRICS countries will forge a partnership on the new industrial revolution, which involves more coordination of macro economic policies, closer cooperation on innovation and industrialization and joint efforts to accelerate economic upgrading and the replacement of growth drivers. Our five BRICS countries have also made good progress in cooperation on trade facilitation, service trade, e-commerce, intellectual property rights and in other fields. These steps will enable us to seize opportunities and meet challenges in a changing world and enrich the BRICS Economic Partnership Strategy.

The business community is the mainstay of BRICS economic cooperation and a dynamic force driving it. As business leaders, you have a great role to play in shaping the second Golden Decade of BRICS cooperation. I hope that you will fully leverage your strengths to enhance win-win cooperation for common development between our five countries. As business leaders, you should take bold steps to explore new ground in pursuing reform and innovation. And working together, you can surely open up new horizon for the development of our five countries and other emerging markets and developing countries. I also hope you will keep in mind the needs of the people and pursue both economic and social returns, so as to increase public support for BRICS cooperation.

Ladies and gentlemen,

Friends,

This year marks the centenary of the birth of Nelson Mandela. Let me quote one of his famous sayings, "After climbing a great hill, one only finds that there are many more hills to climb." Indeed, the history of BRICS cooperation is a journey of our five countries climbing great hills only to reach new heights. I am convinced that when our five countries forge ahead together, we will scale new peaks, reach new heights, and make even greater contribution to peace and development of mankind.

Thank you.