"Our world today is far from being tranquil. Rhetoric stokes hatred and prejudice. Acts of containment, suppression or confrontation arising thereof do all harm, not the least good, to world peace and security," Chinese President Xi Jinping urged. 

Xi made the remarks on Monday in a video speech in Beijing at the 2022 World Economic Forum virtual session.

History has proved time and again that confrontation does not solve problems, it only invites catastrophic consequences, Xi said, adding that protectionism and unilateralism can protect no one and they ultimately hurt the interests of others as well as one's own.