The world is undergoing changes unseen in a century. The COVID-19 pandemic is still ravaging across the globe. The world economy is mired in deep recession. Global challenges keep popping up. All these place mankind at a crossroads. Against this backdrop, President Xi Jinping delivered a special address at the World Economic Forum virtual event of the Davos Agenda on 25 January 2021. By H.E. Mr. Cao Xiaolin, Chinese Ambassador to Tonga.