Beijing, China /
China is forging his own path towards modernizationand offers not only inspiration to other developing countries, but also tangible opportunities for growth at a time when the global economy is moving at a slow pace.
Amid rising trade protectionism, China, the world’s largest developing nation, remains committed to advancing high-level opening-up and serving as a reliable partner for developing countries on its path to modernization.
On the home front, China prioritizes institutional openness, thereby unlocking vast market potential and created abundant opportunities for foreign companies. Measures such as the elimination of restrictions on foreign investment in the manufacturing sector and the improvement of intellectual property protection have made China an increasingly attractive destination for international companies.
On the world stage, the Belt and Road Initiative proposed by China, which now involves more than three quarters of the world’s countriesexemplifies China’s commitment to collaborative progress. Projects that were previously considered unattainable have become realities, significantly improving the lives of millions of people.
With the entry of the Belt and Road Initiative enters its second decadenew opportunities are emerging as well as plans to break new ground through greater collaboration with partner countries. In July, during the third plenum of the 20th Central Committee of the Communist Party of China, a resolution was adopted calling for improve the integrated land, sea, air and cyberspace connectivity framework, as well as build a multidimensional network that connects these countries.
Cooperation within the framework of the Initiative will be strengthened in key areas such as decological development, digital economy, artificial intelligence, finance and disaster mitigation. China’s rapid advancement in digital communications gives it a strategic position to help partner countries develop their digital economies and reduce the digital divide.
In the field of technological innovation, China has consistently adopted a spirit of collaboration. His conviction that science should benefit all humanity is not mere rhetoric, as it is already reflected in concrete actions.
China has established ties of scientific and technological cooperation with more than 160 countries and regions, and signed 118 intergovernmental agreements related to said cooperation. It also published the International Scientific and Technological Cooperation Initiative, which presents an open, fair, equitable and non-discriminatory type of cooperation.
A notable example of this cooperation is the creation, by the Chinese Academy of Sciences, 10 scientific and educational centers in Africa, Central Asia, South Asia, Southeast Asia, South Americar and other regions abroad. More than 100 scientific and technological projects were launched that have trained almost 5,000 high-level professionals from these regions.
China has provided the international community with abundant public goodssuch as the China International Import Fair, held annually, as well as regional initiatives, including the China-ASEAN Expo. These influential platforms are destined to become concrete cooperation projects that will bring tangible benefits to the population of the participating countries. In its commitment to deliver even more global public goods for peace and prosperity, China aims to achieve more positive results for all through its reform and opening up, while collaborating with other nations in their modernization.
The effectiveness of these efforts is evident. Following the promise he made in July open its doors even further to less developed countriesChina announced in early September that it would grant zero-tariff treatment on 100% of its tax lines to all least developed countries with which it has established diplomatic relations. China thus becomes the first major developing country, and the first major economy, to take such a step.
It is expected that the cooperation between China and other developing nations will accelerate in the futureespecially in ecological transition efforts aimed at addressing climate change. China’s advances in clean energy equipment and electric vehicles have already translated into highly effective cooperation programs in relevant sectors in developing countries.
Modernization is an aspiration shared by all humanity. Chinese modernization dispels the misconception that modernization equals Westernization. Rather than seeking isolated success or creating a model that hinders others, China has dedicated itself to partnering with other nations to jointly move toward modernization.
As the world’s second largest economy, China has contributed more than 30% of global economic growth in recent years. The increasing opportunities offered by Chinese modernization welcome everyone, especially the countries of the global south.
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