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 In building a global community of shared future, all countries should observe the widely acknowledged norms of international relations. Since the advent of modern times, a fair and equitable international order has been the long-standing goal of all humanity. From the principle of equity and sovereignty established by the Peace of Westphalia in 1648, to international humanitarianism established by the Geneva Conventions in 1864, then to the four purposes and seven principles established by the Charter of the United Nations in 1945, and later to the Five Principles of Peaceful Coexistence proposed at the Bandung Conference in 1955, these norms of international relations have evolved into widely recognized principles and become the essential foundations of a global community of shared future.

IV. Direction and Path

The vision of a global community of shared future is the outcome of China's wisdom in handling contemporary international relations from the perspective of world peace and development – a Chinese plan for improving global governance, and a Chinese proposal to address various challenges in the 21st century. Vision guides action and direction determines the future. The international community should work together to turn the grand blueprint into a roadmap, and a beautiful vision into reality step by step.

1. Pressing ahead with a new type of economic globalization

Economic globalization is an irreversible trend of global economic development, and is in line with the desire for development and cooperation held by people of all countries. Economic globalization has greatly facilitated trade, investment, flows of people, and technological advances, making an important contribution to global economic development.