GDI @5: China pledges support to UN, promises to share financial, tech resources with developing nations

By Ochiaka Ugwu

China in its honest and strong resolve to build a community with a shared future for humanity, has pledged continued support for the United Nations U.N. in its pursuit of reform, revitalization, and a stronger development pillar, so as to advance the interests of developing countries.

It also promised continued sharing of more financial and technological resources with developing countries, and undertake extensive bilateral, multilateral and trilateral cooperation to help tackle uneven and inadequate development across the globe.

Chinese Foreign Minister, Wang Yi who made this known Tuesday at the High-Level Meeting on the Global Development Initiative said that, “For the sake of our shared future, we should continue to underscore the imperative of development and align the GDI with the U.N. development agenda.

“More specifically: First, we should enhance solidarity and cooperation to foster a peaceful environment for development. We should uphold the international system centered around the U.N. and the international order based on international law, and make every effort to foster a generally stable international environment and favorable conditions for global development cooperation. “China will continue to support the U.N. in its pursuit of reform, revitalization, and a stronger development pillar, so as to advance the interests of developing countries.

“Second, we should combine our efforts to accelerate progress toward the SDGs. We should put development firmly at the center of the international agenda, and make more resources available for global development. As a major and responsible developing country, China will continue to share more financial and technological resources with other developing countries, and undertake extensive bilateral, multilateral and trilateral cooperation to help tackle uneven and inadequate development across the globe.

“Third, we should champion openness and mutual learning to boost innovation as the engine for development. We should champion openness and cooperation in a strong push to eliminate the digital and AI divides between North and South. Two weeks ago, China, together with 28 other countries, initiated the World Artificial Intelligence Cooperation Organization (WAICO). This is a major move taken by China to answer the call of the Global South for promoting AI development and governance. China is ready to deepen collaboration on innovation with all parties to help the Global South effectively seize new opportunities and tackle new challenges.

“Fourth, we should practice multilateralism to help improve the global governance system. We should deepen the reform of the global economic and financial architecture, promote cooperation on development financing, and urge developed countries to truly deliver on their development financing commitments. As the U.N. gets ready to craft the post-2030 agenda in September 2027, we should make policy preparations and better communicate and coordinate with one another to shape a new development agenda that better reflects the needs of the Global South” he stated.

Wang noted that China would continue to honor its responsibilities as a major country, and align its growth with the common good of the world to promote and contribute to global development.

He stated their resolve to steadily advance the implementation of the GDI and share development opportunities with all countries on the journey to build a community with a shared future for humanity.