Cold War mentality would endanger world's peace, says China's top leader

President Xi Jinping proposed a Global Security Initiative on Thursday, calling on the international community to reject a Cold War mentality, oppose unilateralism and say no to group politics and bloc confrontation.

In a speech delivered via video link at the opening ceremony of the Boao Forum for Asia Annual Conference 2022, Xi stressed the importance of upholding a vision of common, comprehensive, cooperative and sustainable security, respecting the sovereignty and territorial integrity of all countries, and adhering to non-interference in internal affairs.

"It has been proven time and again that the Cold War mentality would only wreck the global peace framework, that hegemonism and power politics would only endanger world peace, and that bloc confrontation would only exacerbate security challenges in the 21st century," he told an audience of world leaders and business executives.

The forum this year brought together leaders including Israeli President Isaac Herzog, Philippine President Rodrigo Duterte and Kristalina Georgieva, managing director of the International Monetary Fund.