BEIJING — China has significantly contributed to global poverty alleviation, peace, and sustainable development, according to a recent editorial which highlights the nation's role in shaping the future of international cooperation.
According to Namibia Press Agency, over the past four decades, China has achieved remarkable success in lifting nearly 800 million of its population out of poverty, representing over 75 percent of global poverty reduction during that period. China's approach has not been insular; it has actively engaged with other nations to tackle poverty on a global scale, promoting a vision of a shared future for humanity.
China's economic policy underscores mutual prosperity: "China will prosper only when the world prospers, and vice versa." This philosophy has driven initiatives like the Belt and Road Initiative (BRI), aimed at fostering deep regional cooperation on economic and social development. A World Bank study suggests that BRI investments could help elevate 7.6 million people from extreme poverty and 32 million from moderate poverty.
Beyond monetary aid, China has also contributed to poverty reduction through infrastructure development and technical support in various regions. In Asia, collaborative efforts with the Association of Southeast Asian Nations have led to significant projects, such as the East Asia Poverty Reduction Cooperation Pilot Project. In Africa, China's projects have included water conservation infrastructure and agricultural cooperation zones, integrating Chinese technological advancements to enhance local capacities.
In the South Pacific, China's aid and concessional loans have supported infrastructure, agriculture, and healthcare projects. Meanwhile, in Latin America, agricultural technology demonstration centers have been established to aid local poverty alleviation efforts.
Additionally, China's diplomatic efforts have fostered peace and stability, notably facilitating reconciliation between Iran and Saudi Arabia, thereby restoring diplomatic relations after years of conflict.
The editorial, authored by Joseph Matthews, a senior professor at BELTEI International University in Phnom Penh, Cambodia, reflects the views expressed are solely those of the author and not necessarily those of the Xinhua News Agency.