EconomyForex

China’s Xi calls for COVID-19 vaccine mutual recognition

1 Mins read

BEIJING — Chinese President Xi Jinping on Saturday called for mutual recognition of COVID-19 vaccines based on the World Health Organization’s (WHO) emergency use list, according to a transcript of his remarks published by the official Xinhua news agency.

Speaking to the Group of 20 (G20) Leaders’ Summit in Rome via video link, Mr. Xi said China had provided more than 1.6 billion COVID shots to the world, and was working with 16 nations to cooperate on manufacturing doses.

“China is willing to work with all parties to improve the accessibility and affordability of COVID-19 vaccines in developing countries,” Mr. Xi said.

Mr. Xi reiterated China’s support of the World Trade Organization (WTO) making an early decision on waiving intellectual property rights for COVID-19 vaccines, and he called for vaccine companies to be encouraged to transfer technology to developing countries.

Two Chinese vaccines, one from Sinovac Biotech and one from Sinopharm, have been included in the WHO’s emergency use list.

Mr. Xi also called for policies to maintain global economic and financial stability, saying China will strengthen macroeconomic policy coordination and maintain policy continuity, stability and sustainability.

“Major economies should adopt responsible macroeconomic policies to avoid negative spillover effects to developing countries and maintain the steady operation of the international economic and financial system,” he said.

Mr. Xi reiterated that China would work to hit a carbon emissions peak by 2030, with the goal of reaching carbon neutrality by 2060. — Reuters

Related posts
EconomyForex

Young northern Europeans flock to Spain’s Malaga to work remotely

2 Mins read
A WOMAN in a remote meeting via videoconference works from her living room. — REUTERS MADRID — The Spanish city of Malaga…
EconomyForex

Manila 3rd cheapest prime office market in Asia-Pacific in Q4 2022

1 Mins read
Occupancy costs* for Manila’s prime office spaces amounted to $32.6 per square foot (sq. ft.) a year in the fourth quarter of…
EconomyForex

Marcos: Philippines to import more to deal with rising prices

2 Mins read
OFFICE OF THE PRESS SECRETARY President Ferdinand R. Marcos, Jr. on Monday vowed to address rising food prices this year by importing…
Power your team with InHype
[mc4wp_form id="17"]

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *