Written by : Mu YunZhu
Yunnan Commercial Representative Office in Colombo, Sri Lanka
China’s “Two Sessions” (the annual meetings of the National People’s Congress and the Chinese People’s Political Consultative Conference) closed in March in Beijing. The Two Sessions featured two important announcements regarding China’s economy: a 5 percent GDP growth goal for 2024, and a deficit rate of 3 percent with the issuing of 1 trillion yuan national bond.
China looks forward to continuing to promote unity and cooperation among developing countries to augment the strength of the Global South and to jointly create a shining “South moment” in global governance, Chinese Foreign Minister Wang Yi said in the Two Sessions press conference.
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Independence is the distinct quality of the Global South and seeking strength through unity is its tradition, Wang said at a press conference in Beijing, adding that the Global South is no longer the “silent majority,” but a key force for reforming the international order and a source of hope as the world undergoes profound changes unseen in a century.
“China was, is and will be a steadfast member of the Global South. We go through thick and thin and head toward a shared future together with countries of the South, and we are always a crucial force for the development and prosperity of the Global South,” Wang said.
This year will be a year of harvest for Global South cooperation and a new starting point for unity among Asian, African and Latin American countries, he said.
He also said that a stronger BRICS means a growing force for peace and increasing international support for justice.