Page:A Global Community of Shared Future-China's Proposals and Actions (2023).pdf/7

 The peace deficit is growing. Though human society has largely maintained peace since the end of World War II, threats to world peace continue to amass. War has returned to the Eurasian continent, tensions are rising, and a series of flashpoints are emerging. The shadow of the arms race lingers on, and the threat of nuclear war – the Sword of Damocles that hangs over humanity – remains. Our world is at risk of plunging into confrontation and even war.

The development deficit is ballooning. The global economic recovery is sluggish, and unilateralism and protectionism are rampant. Some countries are turning to a "small yard, high fence" approach to wall themselves off; they are pushing for decoupling, severing and "derisking" supply chains. All this has caused setbacks to globalization. At the same time the Covid-19 pandemic has reversed global development, exacerbating the North-South gap, development fault lines, and the technology divide. The Human Development Index has declined for the first time in 30 years. The world's poor population has increased by more than 100 million, and nearly 800 million people live in hunger.

The security deficit is glaring. Due to more intense global strategic competition and a lack of mutual trust between major countries, the Cold War mindset has re-emerged, and calls for ideological confrontation have resurfaced. Some countries' hegemonic, abusive, and aggressive actions against others, in the form of swindling, plundering, oppression, and the zero-sum game, are causing great harm. Non-traditional security challenges are on the rise, including terrorism, cyber-attacks, transnational crime, and biological threats.

The governance deficit is more severe. The world is facing multiple governance crises. The energy crisis, food crisis, and debt crisis are intensifying. Global climate governance is urgently needed, and the transition to green, low-carbon development requires dedicated efforts over an extended period of time. The digital divide continues to expand, and sound governance of artificial intelligence is lacking. The Covid-19 pandemic is a mirror through which we have observed that the global governance system is falling further behind the times and keeps breaking down on issues requiring resolution. It has to be reformed and improved.

In the face of global crises, the 190-plus countries in the world are all in the same big boat. Only big boats can withstand battering winds and crashing waves. No country, however strong it may be, can do everything on its own. We must engage in global cooperation. Only when all countries work together, only when we align individual interests with the interests of all, and only when we truly build a global community of shared future, can humanity tide through the crises confronting us and sail towards a better future.