April 21, 2022

Chinese President Xi Jinping proposed a Global Security Initiative which stressed a commitment to the vision of common, comprehensive, cooperative and sustainable security and to reject a Cold War mentality, group politics and bloc confrontation while delivering a keynote speech via video link at the opening ceremony of the Boao Forum for Asia Annual Conference 2022 in South China's Hainan Province on Thursday. 

Analysts said the proposal was necessary and urgent as solidarity, security and development is needed amid rising concerns over the impact on global stability and the economy brought by the Ukraine crisis and attempts to build small cliques to create confrontation. The proposal called on countries to take a comprehensive security concept to avoid the Cold War mentality and also injected confidence in the global economic recovery, analysts said. 

Citing an old saying from the "Guanzi" collection of ancient Chinese writings "Stability brings a country prosperity while instability leads a country to poverty," Xi said in his speech that security is the precondition for development. 

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https://www.globaltimes.cn/page/202204/1259907.shtml