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During President Xi Jinping's visit to Latin America last year, he proposed "a community of common destiny", and highlighted the role of China and Latin America in making the world a more balanced, prosperous place.

Beijing is willing to cooperate with the Brazilian side in locomotive manufacturing, ship building, auto making, steel and construction materials, he said, adding that China will not only export quality and environment-friendly equipment to Brazil, but open production lines and spare parts maintenance facilities in Brazil, train local workers and create jobs there.

Over the past 70 years, Asian countries have gradually transcended their differences in ideology and social system. No longer cut off from each other, they are now open and inclusive, with suspicion and estrangement giving way to growing trust and appreciation. The interests of Asian countries have become intertwined, and a community of common destiny has increasingly taken shape. Be it the arduous struggle for national independence, or the difficult periods of the Asian financial crisis and the international financial crisis, or the hard time in the wake of devastating disasters including the Indian Ocean tsunami and earthquake in Wenchuan, China, the people of Asian countries have always come to those in need with a helping hand and worked together to overcome one challenge after another, demonstrating the power of unity in face of difficulties and the spirit of sharing weal and woe. This said, Asia still faces numerous challenges. Some are the old issues left over from history and others are new ones associated with current disputes. Asia is also confronted with various traditional and non-traditional security threats. Hence it remains an uphill battle for Asian countries to grow the economy, improve people's livelihood and eliminate poverty.

President Xi says action plan of "Belt and Road" initiative developed

On various occasions, the president has reaffirmed that China will stick to a peaceful development path and that the Chinese dream conforms with the aspirations of all nations in the world. China is willing to work with relevant sides to advance the initiatives of the "Belt and Road", the Asian Infrastructure Investment Bank (AIIB) and the Silk Road Fund.