President Xi Jinping addressed the 16th G20 Leaders' Summit via video link in Beijing on Saturday. Here are some highlights:

- Developed countries should lead by example on emissions reduction

- China has provided over 1.6 billion doses of vaccines for over 100 countries and international organizations to date

- Countries should advance mutual recognition of COVID-19 vaccines

- Forming exclusive blocs will harm scientific, technological innovation

- Stigmatization of the COVID-19 virus and politicization of origins tracing run counter to the spirit of solidarity against the pandemic

- China to apply to join Digital Economy Partnership Agreement

- Efforts should be made to ensure sound operation of the international economic and financial system

- Major economies should adopt responsible macroeconomic policies to avoid negative spillovers on developing countries

- China proposes holding an international forum on resilient and stable industrial and supply chains, and welcomes the active participation of G20 members and relevant international organizations

Proposing Global Vaccine Cooperation Action Initiative

-- First, we need to strengthen vaccine R&D cooperation and support vaccine companies in conducting joint R&D and production with developing countries.

-- Second, we need to uphold equity and justice, and provide more vaccines to developing countries to meet the global vaccination target for 2022 as set by the WHO.

-- Third, we need to support the World Trade Organization (WTO) in making an early decision on waiving intellectual property rights on COVID-19 vaccines, and encourage vaccine companies to transfer technology to developing countries.

-- Fourth, we need to scale up cross-border trade cooperation to ensure smooth trade in vaccines and related raw and auxiliary materials.

-- Fifth, we need to treat different vaccines equally and advance mutual recognition of vaccines in accordance with the WHO's Emergency Use Listing.

-- Sixth, we need to provide financial support for global vaccine cooperation, especially for developing countries to access vaccines.

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