Xi_Jinping_s_G20_Initiative_Earns_Global_Acclaim_for_Advancing_Common_Development

Xi Jinping’s G20 Initiative Earns Global Acclaim for Advancing Common Development

Chinese President Xi Jinping's speeches at the G20 summit in Rio de Janeiro have been widely praised by global experts for their focus on promoting common development and enhancing international governance.

During the first session of the summit, Xi unveiled China's eight major actions aimed at supporting global development. He emphasized the need for more \\"bridge for cooperation\\" and fewer \\"small yard, high fences\\", advocating for the modernization of developing nations and the creation of a just world of common development.

At the second session, Xi presented a five-point proposal to improve global governance, highlighting the importance of building international consensus to foster an equal and orderly multipolar world and promote inclusive economic globalization.

Experts like Sourabh Gupta from the Institute for China-America Studies and Wirun Phichaiwongphakdee from the Thailand-China Research Center praised Xi's vision and commitment. Gupta noted China's effective poverty alleviation efforts, while Phichaiwongphakdee highlighted the significant impact of the Belt and Road Initiative in enhancing global connectivity.

Mohammed Al-Bishi from Saudi Arabia's Aleqtisadiah newspaper commended China's dedication to supporting poor countries, making it easier for other nations to follow suit. Additionally, Xi reaffirmed China's pledge to aid Africa's development with a 360 billion yuan funding commitment, further strengthening ties and fostering economic transformation on the continent.

Professors like Matthew L. Bishop from the University of Sheffield and Wang Yiwei from Renmin University of China underscored the long-term significance of China's investments in Africa, transforming local economies and amplifying Africa's voices on the international stage.

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