BEIJING, June 25,
2022 /PRNewswire/ -- Chinese President Xi Jinping
highlighted the significance of placing development at the center
of the international agenda at Friday's High-level Dialogue on
Global Development, stressing China will take pragmatic steps to continue
supporting the UN 2030 Agenda for Sustainable Development,
including adding $1 billion to a
Global Development and South-South Cooperation Fund.
It is important that we put development front and center on the
international agenda, deliver on the 2030 Agenda for Sustainable
Development, and build political consensus to ensure everyone
values development and all countries pursue cooperation together,
Xi said while chairing the High-level Dialogue on Global
Development in Beijing via video
link on Friday evening.
He called on countries to build an open world economy and shape
a global governance system and institutional environment that is
more just and equitable.
Friday's dialogue was taken after Thursday's BRICS Summit, and
leaders from 18 countries attended Friday evening's event.
In addition to BRICS members, leaders from nations including
Algeria, Argentina, Egypt, Indonesia, Iran, Kazakhstan, Senegal and Uzbekistan also attended the event.
Chinese analysts said the BRICS mechanism represents the future
development direction of the world and a fast-emerging force that
makes the world more equitable and inclusive.
Cooperation between BRICS nations and developing countries is
pushing for a multipolar world, which is the future direction of
the world order featuring balance, efficiency, equality and
justice, analysts said.
To support the UN 2030 Agenda, Xi put forth the Global
Development Initiative (GDI) at last year's UN General Assembly
session, and he said China will
take pragmatic steps to continue supporting the UN agenda.
China will upgrade the
South-South Cooperation Assistance Fund to a Global Development and
South-South Cooperation Fund, and add $1
billion to the fund on top of the $3
billion already committed, the Chinese president said.
Xi said China will advance
cooperation with all sides to deepen global cooperation on poverty
reduction, build capacity for food production and supply and
promote clean energy partnerships.
The Dialogue issued a Chair's Statement saying leaders reached
extensive consensus including commitment to multilateralism,
development and people-centered approach.
And the Deliverables of the dialogue said China will take measures, such as providing
100,000 training opportunities for other developing countries to
facilitate post-COVID economic recovery and social development,
establishing an International Vaccines Research, Development and
Innovation Alliance and officially launching the China-FAO
South-South Cooperation Trust Fund Phase III of$50 million to
support global development.
BRICS countries - Brazil,
Russia, India, China,
and South Africa - represent 40
percent of the world population, account for 25 percent of the
global economy and 18 percent of world trade, and contribute 50
percent to the world's economic growth.
Chinese and foreign analysts believe the BRICS provides
developing countries a platform to build consensus on addressing
acute development challenges, and the GDI is an accelerator to
achieving the UN development goals.
Wang Wen, a professor and
executive dean of the Chongyang Institute for Financial Studies at
Renmin University of China, told
the Global Times on Friday that one of the core tasks for achieving
the UN Sustainable Development Goals (SDGs) is to end poverty,
which is also the common goal for developing countries, and BRICS
nations have made remarkable contributions to it. He noted BRICS
nations are expected to help the world better achieve the UN 2030
Agenda with their experiences.
Carlos Watson, the Representative
of the Food and Agriculture Organization of the United Nations in
China, told the Global Times that
BRICS countries, which account for more than 40 percent of the
world's population and produce more than one-third of global cereal
production, are well-placed to take a leadership role in helping
eradicate global hunger and poverty by 2030. He said developing
countries look to the success of BRICS countries in economic
development over the past few decades as an example to follow.
The GDI has received warm responses from the international
community, with more than 100 countries expressing their support.
In January 2022, the Group of Friends
of the GDI was launched at the UN, and more than 50 countries have
joined the group so far, according to the Global Development
Report, published by the Center for International Knowledge on
Development on Monday.
BRICS Plus
Friday's event was attended by
representatives of emerging markets and other developing countries
aside from BRICS nations. Wang Wen
believes the meeting was a format of "BRICS Plus" which
demonstrated BRICS' openness, inclusiveness and flexibility,
especially compared with the closed and exclusive G7.
As the BRICS chair country, China actively supports the BRICS in starting
the membership expansion process and expanding the "BRICS Plus"
cooperation, and China will
encourage all BRICS parties to formulate standards and procedures
for membership expansion based on consensus, Chinese Foreign
Ministry spokesperson Wang Wenbin
said at Friday's media briefing.
In the past years, each BRICS meeting invited different
representatives of developing countries to better target that
year's main task, and this year, BRICS invited countries including
Indonesia, the G20 presidency, and
Argentina, the representative of
Latin America, Wang Wen said.
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SOURCE Global Times