Sunday, May 22, 2022

China supports Saudi Arabia to host next G20 summit


Robert Frank
Robert started his career as a freelance content writer. Now, He is the founder of widely-recognized PR Agency. Robert still writes news pieces on various publications.

Chinese Foreign Minister Wang Yi said his country supports the G20 in giving priority to African affairs and strengthening efforts to help Africa overcome the obstacles of development and emerge from the “trap of underdevelopment” as he said, stressing his country’s support for Saudi Arabia in hosting a summit. G20 next year.

China supports the Group of 20 in supporting efforts to help Africa overcome the three obstacles to development: poor infrastructure, lack of infrastructure, Wang said in remarks attending a meeting of G20 foreign ministers in Nagoya, Japan on Saturday, according to the Chinese Foreign Ministry. Talent, lack of funds, and solving the livelihood problems of employment, food, clothing and health, so that Africa can emerge from the “trap of underdevelopment” and achieve sustainable development for itself.

China has spared no effort in helping Africa develop, guided by the idea of ​​sincerity, practical results, rapprochement, goodwill and the principle of upholding justice and pursuing common interests, Wang said, expressing hope that developed countries will also fulfill their commitments to Africa.

Lack of funding is the biggest challenge facing African development, with an annual infrastructure investment gap of $100 billion, he said, noting that China’s infrastructure projects in Africa provide more than $50 billion in revenue annually.

China attaches great importance to the debt issue and actively helps African countries to improve their debt management capacity and provides the necessary support during the difficulties, he said, adding that the two sides have made positive progress in jointly building the Belt and Road Initiative with high quality.

He stressed that the Belt and Road Initiative is in line with the 2030 Agenda for Sustainable Development, the African Union Agenda 2063 and the development strategies of African countries and constitutes a strong synergy in support of common development.

China has helped Africa build more than 10,000 kilometers of roads, more than 6,000 kilometers of railways, numerous libraries, schools, hospitals and other living facilities across the continent, greatly supporting local development, while more than half of the action plans have been implemented, he said. As part of the “G8” initiatives and funding support announced at the Beijing Summit of the Forum on China-Africa Cooperation last year.

Read also: China warns United States against flexing muscles in South China Sea

On the Paris Convention on Climate Change, Wang said China supports the G20 in providing political impetus to the Convention and is ready to work with all parties to achieve positive results at the 25th session of the Conference of the Parties to the UNFCCC and make the 15th meeting of the Conference of the Parties to the Convention on Biological Diversity. To be held next year.

China supports Saudi Arabia in hosting the G20 summit next year and is ready to support communication and coordination with all parties, with the aim of contributing more positive energy to the practice of multilateralism, improving global governance and building a society with a common destiny for humanity, Wang said.

- Advertisement -
- Advertisement -
- Advertisement -

Latest News