Hey there, globe-trotters and changemakers! 🌍 Ever wondered what the future of our planet looks like? Well, President Xi Jinping just dropped some major news at the 19th G20 Summit in Rio de Janeiro, and it's all about making the world a better place. Let's dive into the eight game-changing actions China is taking to boost global development! 🚀
1. High-Quality Belt and Road Cooperation 🛤️
China is leveling up the Belt and Road Initiative with a whopping 700 billion yuan ($96.7 billion) in added financing and an extra 80 billion yuan ($11.1 billion) for the Silk Road Fund. Think of it as building superhighways for trade and green development, connecting everyone digitally and sustainably! 🌱
2. Global Development Initiative 🌐
With over 1,100 projects already rolling, China's all in on supporting developing countries. They're setting up a Global South research center and pumping $20 billion into areas like poverty reduction, food security, and the digital economy. Let's bridge that global gap! 🤝
3. Boosting Development in Africa 🌍
At the Forum on China-Africa Cooperation, Xi announced 10 partnership actions to help Africa modernize over the next three years, backed by 360 billion yuan ($49.7 billion). It's all about teamwork to make the dream work! ✨
4. Fighting Poverty and Hunger 🍞
China's joining the Global Alliance Against Hunger and Poverty and is all set to host the International Conference on Food Loss and Waste. Because no one should go to bed hungry, right? 💤
5. Open Science Initiative 🔬
Together with Brazil, South Africa, and the African Union, China is proposing a push for open science. This means sharing the latest and greatest in science and tech with the Global South. Knowledge is power! 🧠
6. Practical Cooperation for the Global South 🤗
China supports the G20's efforts in clean energy, bioeconomy, and digital education. They're also backing the Entrepreneurship Research Center on G20 Economies in Beijing. More opportunities for everyone! 💡
7. Anti-Corruption Action Plan 🛡️
Corruption, beware! China is strengthening ties with other developing countries to bring fugitives to justice and recover stolen assets. Clean hands for a better future! 🧼
8. Opening Up to the World 🌏
China is throwing its doors wide open, offering zero-tariff treatment to all least developed countries (LDCs) that have diplomatic relations with them. From now to 2030, they're expected to import over $8 trillion from other developing nations. That's a lot of trade! 💰
The Global Alliance Against Hunger and Poverty was officially launched at the summit's first session. Talk about kicking things off with a bang! 🎉
Stay tuned, world! The future is looking bright, and we're here for it. 🌞
Reference(s):
Xi outlines China's eight actions for global development at G20 Summit
cgtn.com
