As a developing country and a member of the Global South, China has always stood with the Global South, a spokesperson said on Tuesday.
Over the past two decades, countries of the Global South have contributed as high as 80 percent to global economic growth, and the collective rise of the Global South is a distinctive feature of the great transformation across the world, said Lou Qinjian, spokesperson for the third session of the 14th National People’s Congress, at a press conference.
China will always be a participant and advocate of South-South cooperation, he added.
China has prioritized its support for the development of the Global South under the Global Development Initiative, Lou said.
He added that China has provided aid to over 160 countries within its capacity, and announced zero tariff treatment to 100 percent of tax lines for more than 40 least developed countries.
“World peace and development still face severe challenges,” Lou said, adding that China is committed to promoting a community with a shared future for humanity and accelerating the implementation of the three global initiatives — namely the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative.
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