[Vice Foreign Minister Ma Zhaoxu's speech at the third phase of the G20 Foreign Ministers' Meeting] Secretary of State Rubio, colleagues: The current geopolitical situation is complex and changing, and the fragmentation of the industrial chain supply chain is intensifying, threatening the recovery of world economic growth. The development of all countries is inseparable from an international environment of open cooperation. Protectionism has no winners. Building walls and decoupling and breaking the chain will only disrupt the stability and smooth flow of the global industrial chain supply chain and harm the interests of all parties. G20 members should insist on building an open world economy and maintain the stability and smooth flow of the global industrial chain supply chain through practical actions. The Chinese side put forward four suggestions: the first is to deepen policy coordination. As a major global economy, the G-20 has the duty and mission of promoting strong, sustainable, balanced, and inclusive growth in the world economy. The key is to form a synergy of policies and actions. All economies should adopt responsible macroeconomic policies while strengthening policy communication and coordination to prevent negative spillover effects. Promote the stability and smooth flow of production and supply chains through coordination and cooperation, strive to expand global aggregate demand, jointly cultivate and expand growth momentum, and promote inclusive economic globalization. The second is to strengthen the smooth flow of trade. It is necessary to practice true multilateralism, maintain the international trade system with the WTO at its core, actively create a fair, open and predictable market environment, and promote trade and investment liberalization and facilitation. It is necessary to prevent politicization, weaponization, and general security of economic and trade issues, let alone actually use protectionism in the name of fair competition. The third is to explore innovation and empowerment. It is necessary to deepen technological innovation and open scientific cooperation, promote the deep integration of innovation chains and production and supply chains, and promote industrial development through technological progress. It is necessary to give full play to the innovation potential in cutting-edge fields such as artificial intelligence, accelerate the level of digitalization and intelligence of the industry, and promote changes in production methods. We must uphold the concept of putting people first and improving, make artificial intelligence an important driving force to promote common prosperity and maintain common security, and work together to establish a fair and reasonable global artificial intelligence governance system. Fourth, promote inclusive development. It is necessary to strengthen the level of infrastructure construction and connectivity, and actively maintain the open connectivity and smooth operation of the global energy market. Strengthen mutually beneficial cooperation and peaceful use of key minerals, especially to ensure that developing countries benefit fairly in the global value chain. China looks forward to working with all parties to establish an open, inclusive, fair and reasonable, cooperative, green and clean global key mineral management system. Dear colleagues, China insists on promoting a high level of opening-up to the outside world. In the first three quarters of this year, China's goods trade imports increased by 22.3% year-on-year, and the monthly growth rate maintained double-digit growth for 6 consecutive months. Against the backdrop of the slow growth of the world economy, this is China's outstanding contribution to the stability and smooth flow of the world supply chain. China has always carried out international trade based on the principle of marketization and WTO rules. It will continue to effectively utilize the advantages of a complete industrial chain system and hyperscale market, maintain the stability and smooth flow of the global industrial chain supply chain through practical actions, and continue to be a maintainer and builder of global production and supply chain cooperation. Thank you.

[Vice Foreign Minister Ma Zhaoxu's speech at the third phase of the G20 Foreign Ministers' Meeting] Secretary of State Rubio, colleagues: The current geopolitical situation is complex and changing, and the fragmentation of the industrial chain supply chain is intensifying, threatening the recovery of world economic growth. The development of all countries is inseparable from an international environment of open cooperation. Protectionism has no winners. Building walls and decoupling and breaking the chain will only disrupt the stability and smooth flow of the global industrial chain supply chain and harm the interests of all parties. G20 members should insist on building an open world economy and maintain the stability and smooth flow of the global industrial chain supply chain through practical actions. The Chinese side put forward four suggestions: the first is to deepen policy coordination. As a major global economy, the G-20 has the duty and mission of promoting strong, sustainable, balanced, and inclusive growth in the world economy. The key is to form a synergy of policies and actions. All economies should adopt responsible macroeconomic policies while strengthening policy communication and coordination to prevent negative spillover effects. Promote the stability and smooth flow of production and supply chains through coordination and cooperation, strive to expand global aggregate demand, jointly cultivate and expand growth momentum, and promote inclusive economic globalization. The second is to strengthen the smooth flow of trade. It is necessary to practice true multilateralism, maintain the international trade system with the WTO at its core, actively create a fair, open and predictable market environment, and promote trade and investment liberalization and facilitation. It is necessary to prevent politicization, weaponization, and general security of economic and trade issues, let alone actually use protectionism in the name of fair competition. The third is to explore innovation and empowerment. It is necessary to deepen technological innovation and open scientific cooperation, promote the deep integration of innovation chains and production and supply chains, and promote industrial development through technological progress. It is necessary to give full play to the innovation potential in cutting-edge fields such as artificial intelligence, accelerate the level of digitalization and intelligence of the industry, and promote changes in production methods. We must uphold the concept of putting people first and improving, make artificial intelligence an important driving force to promote common prosperity and maintain common security, and work together to establish a fair and reasonable global artificial intelligence governance system. Fourth, promote inclusive development. It is necessary to strengthen the level of infrastructure construction and connectivity, and actively maintain the open connectivity and smooth operation of the global energy market. Strengthen mutually beneficial cooperation and peaceful use of key minerals, especially to ensure that developing countries benefit fairly in the global value chain. China looks forward to working with all parties to establish an open, inclusive, fair and reasonable, cooperative, green and clean global key mineral management system. Dear colleagues, China insists on promoting a high level of opening-up to the outside world. In the first three quarters of this year, China's goods trade imports increased by 22.3% year-on-year, and the monthly growth rate maintained double-digit growth for 6 consecutive months. Against the backdrop of the slow growth of the world economy, this is China's outstanding contribution to the stability and smooth flow of the world supply chain. China has always carried out international trade based on the principle of marketization and WTO rules. It will continue to effectively utilize the advantages of a complete industrial chain system and hyperscale market, maintain the stability and smooth flow of the global industrial chain supply chain through practical actions, and continue to be a maintainer and builder of global production and supply chain cooperation. Thank you.