Last year, China held the first High-Level Dialogue on Global Development where a host of measures for development cooperation were unveiled. Encouraging progress has been made since then.
We have put development first and allocated more resources.
China has set up a Global Development and South-South Cooperation Fund with a total funding of USD 4 billion, and Chinese financial institutions will soon set up a special fund of USD 10 billion dedicated to the implementation of the GDI.
We have taken results-oriented actions and deepened practical cooperation.
From Asia to Africa, from Pacific island countries to the Caribbean, over 200 cooperation projects have come to fruition, and cooperation mechanisms are growing in areas such as poverty reduction, education and health.
We have unleashed the power of innovation and built up momentum for development.
Under the GDI, we have prioritized green development, new-type industrialization, the digital economy and some other key areas, and pursued a Partnership on New Industrial Revolution to boost high-quality development.
We have tided over difficulties together and made development more resilient.
Food and energy security bear on the economy of a country and the well-being of its people. We have launched a China-FAO South-South Cooperation Trust Fund, implemented the Food Production Enhancement Action, and provided food assistance to and shared agrotech with many countries. We have also initiated a Global Clean Energy Cooperation Partnership with a view to achieving energy security.
Victory is ensured when people pool their strength; success is secured when people put their heads together.