Word of the Day | “G77+China Summit” G77+China Summit – China Daily Network

The “G77 and China” summit concluded on the 16th in Havana, the capital of Cuba. The summit adopted the Havana Declaration, calling for a comprehensive reform of the international financial structure and the establishment of a more inclusive and coordinated global economic governance pattern.

The Group of 77 and China Summit (G77+China Summit) ended Saturday in Havana. The final declaration of the summit was also approved on Saturday, stressing the urgent need for a comprehensive reform of the international financial architecture and a more inclusive and coordinated approach to global financial governance.

This is a group photo of representatives attending this summit. (Photo source: Xinhua News Agency)

【Knowledge Points】

The Group of 77 was established in 1964 as an intergovernmental international organization composed of developing countries. It aims to strengthen solidarity and cooperation to accelerate the economic and social development of developing countries. China has always supported the organization’s just claims and reasonable demands. Since the 1990s, China’s relations with the Group of 77 have developed greatly on the original basis, and coordination and cooperation have been carried out through the “G77 and China” mechanism.

The theme of this summit is “Current Development Challenges: The Role of Science, Technology and Innovation”, and the summit adopted the “Havana Declaration”. The declaration pointed out that science, technology and innovation are of great significance to promoting the sustainable development of developing countries. It is necessary to strengthen North-South cooperation and South-South cooperation, improve developing countries’ access to science and technology and their ability to develop science and technology, and establish an open, fair, inclusive, non- Discriminatory technological development environment. The declaration designated September 16 as “Southern Nations Science, Technology and Innovation Day”. In addition, the summit adopted a separate statement agreeing that Mexico would rejoin the “G77 and China” mechanism.

【Important speech】

“Anything that can be done with concentrated effort is invincible; anything that can be done with collective wisdom can be achieved.” Let us strengthen our confidence, unite as one, and work together to build a development community, so that no country will be left behind in the process of world modernization!

A Chinese adage reads, “Victory is ensured when people pool their strength; success is secured when people put their heads together.” Let us stay committed and united to build a community of shared development, and make sure that in the process of global modernization , no country is left behind.

——Xi Jinping’s speech at the “BRICS+” Leaders’ Dialogue on August 24

【Related vocabulary】

south-south cooperation

South-South cooperation

digital dividend

digital dividend

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[Editor in charge: Pan Yiqiao]