We hold that all countries, big or small, rich or poor, should be equal, and that international economic affairs should be jointly managed by all the countries of the world instead of being monopolized by the one or two superpowers. We support the full right of the developing countries, which comprise the great majority of the world’s population, to take part in all decision-making on international trade, monetary, shipping and other matters.

Deng Xiaoping ( ; August 22, 1904 – February 19, 1997) was a Chinese politician and reformer, and the paramount leader of the Communist Party of China (CPC). Deng never held office as the head of state or the head of government, but was the de facto leader of the People's Republic of China from 1978 to the early 1990s. He developed "Socialism with Chinese characteristics" and Chinese economic reform, also known as the "socialist market economy", and opened China to the global market. During his paramount leadership, his official state positions were Chairman of the National Committee of the Chinese People's Political Consultative Conference from 1978–1983 and Chairman of the Central Military Commission of the People's Republic of China from 1983–1990, while his official party positions were Vice Chairman of the Communist Party of China from 1977–1982 and Chairman of the Central Military Commission of the Communist Party of China from 1981–1989.