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Noting that international order and relations have been severely impacted by hegemonism, protectionism and unilateralism, Wang said China and the United States should "adopt correct mutual perception toward each other, conform with the trend of the times, heed the call from the international community, and shoulder due responsibilities as major countries."
Xi said he hoped that participants of the forum could conduct in-depth communications on poverty reduction experiences, reach broad consensus, and build up more confidence to accelerate the process of international poverty reduction.
Commercial endowment insurance, which serves as the third pillar of China's pension system, will be put under unified standards and regulations, and its development will be stepped up. The protection function of commercial endowment insurance shall be intensified. Endowment insurance featuring convenient application, flexible payment and relatively stable earnings shall be supported, and pension annuity insurance products actively developed. The insurance sector is encouraged to participate in a pilot insurance scheme for long-term care.
Addressing the summit of the five major emerging economies -- Brazil, Russia, India, China and South Africa -- Tuesday in Beijing via video link, Xi put forward a series of proposals for BRICS cooperation to overcome global challenges including the COVID-19 pandemic and global economic recession.
BEIJING, Nov. 20 (Xinhua) -- Chinese State Councilor and Foreign Minister Wang Yi on Friday called on countries around the globe to build consensus and strength from the COVID-19 pandemic and stick together to work for a better future for mankind.
来源：资阳报