16.5 C
Islamabad
Monday, December 9, 2024
HomeNewsG20 Summit: President Xi Outlines Steps to Support 'Global South'

G20 Summit: President Xi Outlines Steps to Support ‘Global South’

Rio de Janeiro (TDI): Chinese President Xi Jinping has announced a number of steps aimed at supporting the “Global South” at a gathering of Group of 20 (G20) major economies in Rio de Janeiro, China’s state news agency Xinhua reported on Monday.

“China would support global development with eight actions, including building a “high quality” Belt and Road Initiative,” the Chinese president said in his first remarks at the G20.

Read More: Major Breakthrough: G20 Nations Commit Trillions for Climate Action  

President Xi also announced that China, along with Brazil, South Africa and the African Union, was going to launch an ‘Open Science International Cooperation Initiative’ to enhance scientific and technological innovations in the Global South.

“China supports the G20 in carrying out practical cooperation for the benefit of the Global South,” he said, as quoted by Xinhua, adding that China’s imports from developing countries are expected to top $8 trillion between now and 2030.

President Xi stressed that China has always been a member of the ‘Global South’. “China is a reliable and long-term partner of developing countries and an activist and doer in support of global development,” Xi added.

Read More: G20 Summit Turns Focus to Climate Change

“China does not seek to be a single player, but rather hopes that 100 flowers will blossom and that it will work hand in hand with the vast number of developing countries to achieve modernization.”

Following the summit, President Xi met with Brazilian President Luiz Inacio Lula da Silva in Brasilia on Wednesday, before concluding his state visit to Brazil.

Trending Now

Latest News

Follow us

4,846FansLike
2,669FollowersFollow
1,710SubscribersSubscribe

Related News