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More than 100 participants, including members of the Asia Society and members of the U.S. strategic sector, attended the event.

The statement also pointed out that China has become the only major economy with positive growth. "Three tough battles" against major risks, poverty and pollution have achieved decisive outcomes. Scientific and technological innovation saw major progress and new breakthroughs have been made in reform and opening up.

The two countries making this joint announcement is of historic significance, she said.

U.S. Navy Secretary Kenneth Braithwaite has reportedly called on the U.S. Navy to establish a new fleet at the intersection of the Indian and Pacific Oceans to deal with China's growing geopolitical ambitions.

Fourth, pursue more inclusive development. We should keep our support for developing countries and help them overcome the hardships caused by the pandemic. In spite of its own difficulties, China has fully implemented the Debt Service Suspension Initiative (DSSI) and put off debt repayment totaling over US.3 billion. China supports the decision on DSSI extension and will continue to work with other parties for its full implementation. Meanwhile, China will increase the level of debt suspension and relief for countries facing particular difficulties and encourage its financial institutions to provide new financing support on a voluntary basis and according to market principles. We should help women walk out of the shadow of the pandemic, address their special needs, and implement the Beijing Declaration and Platform for Action. China has proposed the convening of another Global Leaders’ Meeting on Gender Equality and Women’s Empowerment in 2025 to contribute to women’s development in the post-COVID era. It is also vital that we take the challenge of food security seriously and support the UN in holding the Food Systems Summit next year. In this connection, China proposes the holding of an international conference on food loss and waste in due course, and welcomes the active participation of G20 members and relevant international organizations.