Chinese Premier Li Qiang delivers the opening speech at the 6th CIIE - Photo: VGP/MK
The opening ceremony of CIIE 6 was attended by leaders and representatives from 150 countries and territories, international organizations, and hundreds of leading corporations and businesses worldwide. This is one of the four largest annual multilateral diplomatic activities of the Chinese government, initiated by Chinese President Xi Jinping since 2018.
The 6th CIIE Fair, themed "New Era, Sharing the Future Together," attracted over 150 countries and international organizations, and 3,400 participating enterprises. The fair aimed to enhance China's role in the global supply chain, affirm China's two-way trade policy, and demonstrate its readiness to open its vast market, contributing to the recovery and growth of global trade and the economy .
Deputy Prime Minister Tran Hong Ha (front row, third from the left) attends the opening session of the 6th CIIE - Photo: VGP/MK
In his keynote address at the forum "Developing Green Investment and Trade - Building a Global Ecological Civilization Together," Deputy Prime Minister Tran Hong Ha highly appreciated China's initiative to organize the 6th International Import Expo.
In the context of a profoundly changing world with the strong development of science and technology and trends of digital transformation, green transformation, and technology- and knowledge-based development, the Deputy Prime Minister believes that this is a historic moment for the world to rapidly innovate, transform its economy from brown to green, and share three major directions of cooperation.
Deputy Prime Minister Tran Hong Ha introduces the Vietnamese national pavilion to Chinese Prime Minister Li Qiang and other delegates - Photo: VGP/MK
Firstly, it is necessary to strengthen international cooperation and solidarity to build an ecosystem for green investment and trade. The Deputy Prime Minister emphasized that addressing global challenges requires global efforts and promotes multilateralism. Multilateral institutions such as the World Trade Organization (WTO), UNCTAD, UNDP, and the United Nations Environment Programme (UNEP) need to play a role in strengthening connections and building global policies to promote green and sustainable trade and investment.
Secondly, the process of greening investment and trade needs to ensure fairness. Countries need to act together, pursuing common goals while taking into account differences in development levels, economic scale, and adaptability. Developed countries need to provide financial, technological, and human resource support to developing countries to catch up with global green standards and regulations.
Thirdly , science and technology are the "vaccine" in the journey to respond to climate change and green transition. The Deputy Prime Minister suggested that developed countries should take the lead in inventing and developing science and technology to produce green products such as green hydrogen, and infrastructure for storage, transportation, and production with low emissions and environmental friendliness. International organizations need to contribute to ensuring the equitable allocation of resources and transfer of green technologies from developed countries to developing countries.
Deputy Prime Minister Tran Hong Ha emphasized that addressing global challenges requires global efforts and promotes multilateralism - Photo: VGP/MK
The Deputy Prime Minister emphasized that if developed and developing countries cooperate and effectively utilize and exploit natural resources for energy transition, they can turn the impossible into the possible, working together towards the highest goal: sustainable development and a global ecological civilization.
"Vietnam is ready to join developed countries in establishing a framework for cooperation between developed and developing countries for green transition," the Deputy Prime Minister affirmed.
As one of the three countries implementing the Joint Fair Energy Transition Agreement (JETP) with the G7 countries and international partners, Vietnam promotes a green finance mobilization mechanism, whereby government capital plays a leading role in directing private investment to realize emission reduction, green transition, and sustainable development goals.
Deputy Prime Minister Tran Hong Ha stated that the process of greening investment and trade needs to ensure fairness between developed and developing countries - Photo: VGP/MK
Over 200 representatives from governments, businesses, experts, academics from various countries, and international organizations attended the Forum, focusing on solutions to promote trade and investment to strengthen financing for development, as well as developing green technologies towards building a global ecological civilization.
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