China expects further co-op at G20 summit
Updated: 2013-09-06 13:43
(Xinhua)
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Development has been a priority of the G20 summits. Leading up to the St. Peterburg summit, Russia has called for discussions on issues such as infrastructure, long-term investment and financing and human resources development.
"...the G20 should strive to be a development partner for developing countries. It should fully harness its own advantage and demonstrate greater political commitment to pushing for solutions to global development issues. It should forge more effective global partnerships on development, and mobilize more economic resources to tackle a greater number of development challenges," Xi said.
In this regard, China has been making contributions, with its "heart" and "ability". By the end of 2012, the number of China's infrastructure assistance projects in developing countries has exceeded 1,100.
Most of China's aid is aimed at long-term productivity, which is very important for these countries' poverty reduction and growth.
China believes the deep problem for the global economy is an imbalance in development, and the basic cure for the world economy is to narrow the South-North development gap to achieve balanced development.
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