As Iran war rages, China links peace to economic growth at Boao Forum
hao Leji, chairman of the National People’s Congress Standing Committee, at the Boao Forum for Asia in Boao, south China’s Hainan province, on Wednesday.
Photo: Xinhua As the US-Israeli war on Iran continues, China’s top legislator, Zhao Leji, has told the Boao Forum for Asia – a high-level gathering of governments and business leaders – that power politics should be rejected in favour of economic development and conflicts should be resolved through negotiations. “The people of Asia, having endured the scourge of war and chaos, deeply understand the value of peace and stability,” said Zhao, chairman of the National People’s Congress Standing Committee, China’s top legislative body, at the forum’s plenary session on Thursday. “We should … respect the sovereignty and territorial integrity of all countries, adhere to non-interference in the internal affairs of other countries, [and] resolve conflicts and differences through peaceful means,” said Zhao, also a member of the Politburo Standing Committee, the central decision-making authority of the ruling Communist Party. “We need to … respect the diversity of world civilisations, promote the common values of humanity and oppose the clash of civilisations and ideological confrontation.” Zhao credited Asia’s rapid economic progress in recent decades to openness and cooperation, saying regional countries should reject hegemony.
China, whose contribution to global economic growth remains stable at about 30 per cent, would continue advocating for free trade and openness to foreign investment, he added. “China will continue to govern the country comprehensively in accordance with the law and continuously improve its business environment.
The rule of law is a crucial safeguard for Chinese-style modernisation.” The country currently has 310 national laws in effect, over 600 administrative regulations and more than 14,000 local regulations, providing a legal framework for governance, he added. “We will continue to create a first-class business environment that is market-oriented, law-based and internationalised, protect the legitimate rights and interests of foreign investors in accordance with the law, fully implement national treatment and ensure consistency in the application of laws and equality in treatment,” Zhao said. “China will long remain a fertile ground for foreign-funded enterprises to invest and thrive.” Turning to technology, Zhao said China would actively participate in global artificial intellige
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