Xi: Ukraine peace talks vital

Meeting highlights need to strive for sustained growth of China-EU ties

President Xi Jinping reaffirmed China's support on Friday for peace talks in resolving the Ukraine crisis, saying that China and the European Union should remain committed to bringing the situation under control and preventing a spillover of the crisis.

Speaking during a virtual meeting with European Council President Charles Michel and European Commission President Ursula von der Leyen, Xi said Beijing supports the endeavor made by the EU to resolve the situation in Ukraine and the nation has always been promoting peace talks in its own way.

Xi reiterated that Beijing finds it deeply regrettable about the current situation in Ukraine, saying that it has been the consistent and clear position of China to always stand on the side of peace, assess the situation independently and make judgments on the basis of the merits of the issue.

The international community should continue to create the conditions and the environment for negotiations between Russia and Ukraine, and open up space for a political settlement, rather than fuel the crisis or heighten tensions, he said.

China, after having provided several batches of emergency aid to the Ukrainian side and supplies to European countries receiving large numbers of refugees, stands ready to maintain dialogue with the EU to jointly avert a humanitarian crisis on an even larger scale, he said.

The president highlighted the need to ensure lasting peace in Europe and the Eurasian continent.

The fundamental cause of the Ukraine crisis lies in the longstanding regional security conflict in Europe, and the fundamental solution is to accommodate the reasonable security concerns of various sides, he said.

He cautioned against the use of a Cold-War mentality to develop global and regional security frameworks, saying that China supports the leading role of the EU and dialogue between the EU, Russia, the United States and NATO to face up to the contradictions accumulated over the years and find a solution to problems.

In properly handling the crisis, one should not take the wrong medicine, or focus on just one aspect of the issue without regard to the rest, or hold the entire world hostage, he said, adding that it is important to avoid making ordinary people around the world suffer as a result.

He urged various sides to cherish the current global economic landscape, saying that the global economic system cannot be disrupted at will, and attempts to politicize or weaponize the global economy as a tool to serve one's own agenda should not be allowed.

Such attempts will trigger serious crises in global finance, trade, energy, technology, food, industrial and supply chains, among others, he said.

If the situation continues to worsen, it could take several years, if not decades, to get things back on track, he said, citing the concerns of many people that the current situation may wipe out the fruits of international economic cooperation gained through decades of efforts.

China and the EU should keep the system, rules and foundation of the global economy stable in order to boost public confidence, he said.