Full text of President Xi's speech at opening of Belt and Road forum

Third, we should build the Belt and Road into a road of opening up. Opening up brings progress while isolation results in backwardness. For a country, opening up is like the struggle of a chrysalis breaking free from its cacoon. There will be short-term pains, but such pains will create a new life. The Belt and Road Initiative should be an open one that will achieve both economic growth and balanced development.

We should build an open platform of cooperation and uphold and grow an open world economy. We should jointly create an environment that will facilitate opening up and development, establish a fair, equitable and transparent system of international trade and investment rules and boost the orderly flow of production factors, efficient resources allocation and full market integration. We welcome efforts made by other countries to grow open economies based on their national conditions, participate in global governance and provide public goods. Together, we can build a broad community of shared interests.

Trade is an important engine driving growth. We should embrace the outside world with an open mind, uphold the multilateral trading regime, advance the building of free trade areas and promote liberalization and facilitation of trade and investment. Of course, we should also focus on resolving issues such as imbalances in development, difficulties in governance, digital divide and income disparity and make economic globalization open, inclusive, balanced and beneficial to all.

Fourth, we should build the Belt and Road into a road of innovation. Innovation is an important force powering development. The Belt and Road Initiative is new by nature and we need to encourage innovation in pursuing this initiative.

We should pursue innovation-driven development and intensify cooperation in frontier areas such as digital economy, artificial intelligence, nanotechnology and quantum computing, and advance the development of big data, cloud computing and smart cities so as to turn them into a digital silk road of the 21st century. We should spur the full integration of science and technology into industries and finance, improve the environment for innovation and pool resources for innovation. We should create space and build workshops for young people of various countries to cultivate entrepreneurship in this age of the internet and help realize their dreams.

We should pursue the new vision of green development and a way of life and work that is green, low-carbon, circular and sustainable. Efforts should be made to strengthen cooperation in ecological and environmental protection and build a sound ecosystem so as to realize the goals set by the 2030 Agenda for Sustainable Development.

Fifth, we should build the Belt and Road into a road connecting different civilizations. In pursuing the Belt and Road Initiative, we should ensure that when it comes to different civilizations, exchange will replace estrangement, mutual learning will replace clashes, and coexistence will replace a sense of superiority. This will boost mutual understanding, mutual respect and mutual trust among different countries.

We should establish a multi-tiered mechanism for cultural and people-to-people exchanges, build more cooperation platforms and open more cooperation channels. Educational cooperation should be boosted, more exchange students should be encouraged and the performance of cooperatively run schools should be enhanced. Think tanks should play a better role and efforts should be made to establish think tank networks and partnerships. In the cultural, sports and health sectors, new cooperation models should be created to facilitate projects with concrete benefits. Historical and cultural heritage should be fully tapped to jointly develop tourist products and protect heritage in ways that preserve the distinctive features of the Silk Road. We should strengthen exchanges between parliaments, political parties and non-governmental organizations of different countries as well as between women, youths and people with disabilities with a view to achieving inclusive development. We should also strengthen international counter-corruption cooperation so that the Belt and Road will be a road with high ethical standards.