Xi Jinping delivered a video speech at the opening ceremony of the BRICs foreign ministers’ meeting
On May 19, president Xi Jinping delivered a video speech at the opening ceremony of the BRICs foreign ministers’ meeting.
Xi Jinping pointed out that at present, with the superimposed influence of the century’s changes and the century’s epidemic situation, the factors of instability, uncertainty and insecurity in the international situation are becoming increasingly prominent. However, the theme of the times of peace and development has not changed, the people’s pursuit of a better life has not changed, and the historical mission of the international community to work together in the same boat and win-win cooperation has not changed. As a positive, upward and constructive force of the international community, BRICs countries should strengthen their faith, face the storm, take practical actions to promote peaceful development, safeguard fairness and justice, advocate democracy and freedom, and inject stability and positive energy into international relations in a period of turbulence and change.
Xi Jinping stressed that history and reality tell us that one-sided pursuit of one’s own security at the expense of the security of other countries will only cause new contradictions and risks. In order to promote peace and security in the world, I recently put forward the global security initiative. BRICs countries should strengthen political mutual trust and security cooperation, closely communicate and coordinate on major international and regional issues, take care of each other’s core interests and major concerns, respect each other’s sovereignty, security and development interests, oppose hegemonism and power politics, resist cold war thinking and group confrontation, and jointly build a community of human security.
Xi Jinping stressed that development is the common task of emerging market countries and developing countries. In the face of current risks and challenges, it is more important than ever to strengthen unity and cooperation between emerging market countries and developing countries. The five countries should carry out dialogue and exchanges with more emerging market countries and developing countries, enhance understanding and mutual trust, tighten the ties of cooperation, deepen the integration of interests, make the cake of cooperation bigger and bigger, make the forces of progress stronger and stronger, and make greater contributions to the realization of the beautiful vision of building a community with a shared future for mankind.
On the whole, in the face of current global risks and challenges, it is more important than ever to strengthen unity and cooperation between emerging market countries and developing countries. China, Russia, India, Brazil and South Africa should carry out dialogue and exchanges with more emerging market and developing countries, tighten the ties of cooperation, deepen the integration of interests, make the cake of cooperation bigger and bigger, and make the power of progress stronger and stronger. Since the founding of the BRICs, the five countries have held a number of high-level meetings and reached a number of cooperation, making positive contributions to the common commitment to the common development of the global economy and the common prosperity of people.
Increase in financing balance. On May 18, the balance of A-share financing was 1446417 billion yuan, an increase of 1.431 billion yuan month on month; The balance of margin trading was 1527528 billion yuan, an increase of 765 million yuan month on month. The balance of financing minus securities lending was 1365305 billion yuan, an increase of 2.096 billion yuan month on month.
Net purchase of northbound funds. On May 19, luchutong bought a net 5.125 billion yuan on the same day, including 40.069 billion yuan of purchase and 34.944 billion yuan of sale, with a cumulative net purchase of 1607847 billion yuan. Hong Kong stock connect had a net purchase transaction of HK $5.328 billion on that day, including a purchase transaction of HK $18.7 billion and a sale transaction of HK $13.372 billion, with a cumulative net purchase transaction of HK $2329585 billion.
Money market interest rates fluctuated. On May 19, the weighted interest rate of pledged repo of deposit institutions was 1.3952% overnight, up 6.85bp and 1.5848% a week, up 2.98bp. The 10-year maturity yield of China national debt was 2.7774%, down 0.27bp.
U.S. stocks fell and European stocks fell. On May 19, the Dow Jones Industrial Average closed at 3125313 points, down 0.75%; The S & P 500 index closed at 390079 points, down 0.58%; The NASDAQ index closed at 1138850, down 0.26%. European stock markets, French CAC index closed at 627271 points, down 1.26%; Germany’s DAX index closed at 1388230 points, down 0.90%; The FTSE 100 index closed at 730274, down 1.82%. In the Asia Pacific market, the Nikkei index closed at 2811039 points, up 0.25%; The Hang Seng Index closed at 2012068, down 2.54%.
The dollar index fell. On May 19, the dollar index fell 1.0311 to 1028934. The spot exchange rate of RMB against the US dollar closed at 6.7678, depreciating 188 BP. The spot exchange rate of offshore RMB against the US dollar closed at 6.7287, up 550 BP. The central parity rate of RMB against the US dollar closed at 6.7524, down 103 BP. The euro rose 1.21% against the dollar to 1.0588. The dollar fell 0.35% against the yen to 1277980. Sterling rose 1.01% against the dollar to 1.2470.
Gold rose and crude oil fell. On May 19, Comex gold futures rose 1.34% to close at US $184030/oz. WTI crude oil futures fell 0.29% to close at US $109.27/barrel. Brent crude oil futures rose 2.43% to close at US $111.76/barrel. LME copper three-month futures rose 2.22% to close at $9440 / ton.
