Chinese President Xi Jinping (9th R Front) meets with representatives of the prospective founding countries who attended the signing ceremony of the articles of the agreement of the Asian Infrastructure Investment Bank (AIIB) at the Great Hall of the People in Beijing, capital of China, June 29, 2015. (Photo: Xinhua/Lan Hongguang)
A "major-country diplomacy with Chinese characteristics" has taken shape since Xi Jinping became the top leader in late 2012.
Following are 26 key words or phrases that relate to this new style of diplomacy.
AIIB
The Asian Infrastructure Investment Bank (AIIB), a new development bank proposed by China, started operation on Jan. 16, 2016.
The new global multilateral financial institution, to support infrastructure projects in Asia, was formally established in Beijing on Dec. 25, 2015. Headquartered in Beijing, it now has 57 founding members.
AIIB also means a great deal to the global economic governance system. It is a product of the evolving economic landscape, and will help make the global economic governance system more just, equitable and effective.
Belt and Road Initiative
The Belt and Road initiative, which comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road, was first promulgated by Xi in 2013, who envisioned a trade and infrastructure network that connects Asia with Europe and Africa along the ancient Silk Road routes. Over 70 countries and organizations have voiced support for and willingness to join the initiative.
Climate Change
To fulfill its commitment to the Paris Agreement on climate change, China will cut its carbon emissions per unit of GDP by 60 to 65 percent by 2030 from the 2005 levels; increase non-fossil fuel sources in primary energy consumption to about 20 percent; and peak its carbon emissions by 2030. UN Secretary-General Ban Ki-moon said China had demonstrated great leadership with its remarkable commitment to the 2030 Agenda for Sustainable Development.
Destiny
The concept of "a community of common destiny" was first raised in a report approved by the 18th National Congress of the Communist Party of China (CPC) in 2012, expressing the hope of the Chinese people to build a better world together with people from other countries.
It underlines that all nations should raise the awareness that everyone on earth is a member of the community of common destiny, meaning there is a common responsibility to pull together in times of trouble, and strive for common development and lasting peace.
Economic Governance
According to a communique issued after the Fifth Plenary Session of the 18th CPC Central Committee, in the five years from 2016, China will further integrate its economy with the wider global economy, and pursue an open strategy of mutual benefit and win-win, while participating in global economic governance and the provision of public goods, raise its institutional discourse power in global economic governance and establish a far-ranging community of shared interests.
FTA
The latest free trade agreements (FTAs) between China and the Republic of Korea (ROK), and between China and Australia, shows that a "grand free trade strategy" is taking shape, bringing the nation closer to establishing a global free trade network and implementing deeper domestic reforms.
China has signed and implemented 14 FTAs covering 22 countries and regions across Asia, Latin America, Oceania and Europe.
