Wang stressed that development is essential for the world today and every country is entitled to explore a development path that suits itself.
"It is important that we adapt ourselves to the trend of economic globalization, and see to it that such a process is open, inclusive, balanced and win-win to deliver benefits to all," he said.
Regarding trade frictions, China stands for a proper settlement based on rules and consensus through dialogue and consultation on an equal footing, he said. "China will not be blackmailed or yield to pressure."
China is also acting to uphold the free trade system and international rules and order for the benefit of global recovery and the common interests of all countries.
Wang said the implementation of the 2030 Agenda for Sustainable Development should top the agenda of the current session of the General Assembly, calling on member states to incorporate the implementation of the agenda into their own development strategies.
"We need to forge closer partnerships for development and pursue international development cooperation with the UN at its center, North-South cooperation as the main channel, supplemented by South-South cooperation," he said.
China hopes to see negotiations on the implementation guidelines of the Paris Agreement be concluded, as scheduled, by the end of this year to boost joint efforts for global ecological conservation, he said.
He also noted that this year marks the 40th anniversary of China's reform and opening-up program.
"Over the past 40 years, we have worked hard and forged ahead successfully along a path of socialism with Chinese characteristics," Wang said, adding the path has brought fundamental changes to China and has provided the world with opportunities for common development.
Going forward, China will not reverse course or shut the door. The country will open wider to the world. It will not erect market barriers but will expand access to the Chinese market, Wang said.
He noted that the Belt and Road Initiative proposed by President Xi Jinping is a public good China offers the world. It has grown into the largest platform for international cooperation.
He stressed that to strengthen cooperation and solidarity with other developing countries has been and will continue to be the staunch strategic priority for China's diplomacy.
The United Nations is the premium platform to advocate and practice multilateralism. China hopes the international community will support the UN in playing its central role in international affairs.
"We call upon people of all countries to join hands and work together to build a community with a shared future for mankind," Wang said.