President Xi Jinping delivered a special speech at the virtual Davos Agenda event of the World Economic Forum on Monday. Here are the highlights:

Winter cannot stop arrival of spring

There is no doubt that humanity will prevail over the virus and emerge even stronger from this disaster.

The pandemic is far from over. The recent resurgence in COVID cases reminds us that we must carry on the fight.

Yet we remain convinced that winter cannot stop the arrival of spring and darkness can never shroud the light of dawn.

No social system is superior to the other

Each country is unique with its own history, culture and social system, and none is superior to the other.

No two leaves in the world are identical, and no histories, cultures or social systems are the same.

The best criteria are whether a country's history, culture and social system fit its particular situation, enjoy people's support, serve to deliver political stability, social progress and better lives, and contribute to human progress.

World needs to step up coordination of macroeconomic policies

Arrogance, prejudice, hatred ring alarm

Difference in itself is no cause for alarm and what does ring the alarm is arrogance, prejudice and hatred.

The right choice is for countries to pursue peaceful coexistence based on mutual respect and on expanding common ground while shelving differences, and to promote exchanges and mutual learning. This is the way to add impetus to the progress of human civilization.

'Small circles', 'new Cold War' only lead to division, confrontation

To build small circles or start a new Cold War will only push the world into division and even confrontation.

Antagonism, confrontation to hurt all countries' interests

History and reality have made it clear that the misguided approach of antagonism and confrontation, be it in the form of cold war, hot war, trade war or tech war, would eventually hurt all countries' interests and undermine everyone's well-being.

Scientific, technological advances should benefit all humanity

Scientific and technological advances should benefit all humanity rather than be used to curb and contain other countries' development.