Wang Qishan said that China will unswervingly do its own things well. The problem of unbalanced development also exists in China. China's insistence on development is its top priority.(Bloomberg)

Wang Qishan said that to solve the problems that arise in the process of economic globalization, we must prescribe the right medicine. Unbalanced development must be solved by development. The country should actively carry out structural reforms, grasp the relationship between equity and efficiency, and adopt effective policies and measures to avoidThe imbalance in income distribution has worsened.

Chinese Vice President Wang Qishan said at the World Economic Forum in Davos yesterday that we can only seek better ways to cut the cake in the process of making it bigger, and we must not stop to engage in endless disputes about how to cut the cake.This is his response to the trade disputes caused by the concept of America first without naming names.

When Wang Qishan attended the World Economic Forum Annual Meeting in Davos, Switzerland yesterday, he delivered a speech entitled Historical, cultural and philosophical considerations are a key to understanding China.

He called on the international community to balance the interests of all countries, especially emerging market countries and developing countries, and not just rely on the safety standards of individual developed countries.He emphasized that the sovereignty of all countries should be respected.Do not engage in technological hegemony, do not interfere in the internal affairs of other countries, and do not condone or protect technological activities that endanger the security of other countries.

He said that to solve the problems that arise in the process of economic globalization, we must prescribe the right medicine. Unbalanced development must be solved by development. The country should actively carry out structural reforms, grasp the relationship between equity and efficiency, adopt effective policies and measures, and avoid income tax.Distribution imbalances have intensified.

He said: We can only seek better ways to cut the cake in the process of making it bigger. We must not stop and have endless arguments about the way to cut the cake. Leaving it to others will not help solve the problem.

He said that China will unswervingly do its own things well. The problem of unbalanced development also exists in China. China's insistence on development is its top priority.

China is expected to achieve a moderately prosperous society in all respects next year

When answering questions, Wang Qishan said that China's economic growth rate of 6.6% last year was a quite high rate. Despite various risks, challenges and difficulties, China's task of achieving a comprehensive moderate prosperity in 2020 is not a problem.He also said that speed is important, but structure, quality and efficiency are more important right now.

In response to the question of whether China's economic cycle has reached the end and whether an economic crisis will occur, Wang Qishan replied: Whether it is a blessing or a curse, we cannot avoid it, so what if a crisis does occur?He believes that China's economic development is not only not over, but also sustainable.

During his speech, Wang Qishan bowed his head seriously and read the speech script seriously.After he finished reading the manuscript, he looked up with a smile and took off the manuscript to continue his speech.He said that golf coaches have a commandment, that is, do not raise your head, and something will go wrong if you raise your head, so he didn't raise his head when he was reading the manuscript just now.He also laughed at himself and said that he couldn't raise his head because there was no hidden prompt board, our soft power had not reached that level yet, and there was no speech training for people like us.He ended his speech with a witty self-deprecation, which drew warm applause from the audience.