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Statement by Ambassador Wang Min at the 35th Annual Meeting of Ministers of Foreign Affairs of the Group of 77


Mr. Chairman,

Ladies and Gentlemen,

It gives me great pleasure to attend the 35th Annual Meeting of Ministers of Foreign Affairs of the Group of 77 and exchange views with you on issues of common interest.

Over the past year, the Group of 77 and China have done a great deal of work to safeguard the common interests of developing countries and advance South-South cooperation. We particularly appreciate the important contribution of Argentina as Chairman of the Group of 77, and congratulate Algeria on its election as the chairman for 2012. We welcome Nauru as a new member of the G77, and believe that Nauru's joining will add new vigor to the Group.

Mr. Chairman,

As world multipolarity and economic globalization gather momentum, global economic governance is undergoing new changes, and breakthroughs in science and technology are on the horizon. Cooperation among emerging market countries is thriving, and countries around the world face rare development opportunities. The interests of all countries are closely tied together as we meet global challenges such as climate change, food security and terrorism. To pursue common security in a democratic, inclusive, cooperative and win-win spirit is gaining wider support, and there is a heightened sense of urgency and greater political will for stronger international cooperation.

On the other hand, the underlying impact of the international financial crisis has yet to be removed, and world economic recovery is still confronted with many uncertainties. In particular, global excess liquidity and commodity price hikes have brought developing countries under imported inflationary pressure. Meanwhile, severe shortage of international development resources, diminishing Official Development Assistance and lack of coordination among development mechanisms have further worsened the development environment for developing countries. Frankly speaking, the biggest imbalance in the global economy is the uneven development between the North and the South, and the most fundamental problem in the global economy is the under-development of developing countries.

Under such circumstances, the Group of 77 needs to enhance solidarity and South-South cooperation more than ever before. First, developing countries have gained in overall strength in recent years. A host of emerging economies have risen rapidly in succession, and demonstrated strong momentum of growth as a whole. Second, South-South cooperation has grown stronger in recent years and shown huge potential. Statistics show that the share of South-South trade in global trade jumped from 7.8% to 19% between 1990 and 2008, and trade among developing countries now accounts for over 50% of their overall trade. Third, developing countries have similar experiences and achieving sustainable and inclusive development. It is all the more necessary for them to use the important mechanism of the G77 to share experience and tackle development challenges.

Mr. Chairman,

With more than four decades of development, the Group of 77 has become a distinct banner for solidarity of developing countries and a cornerstone for South-South cooperation. To uphold the rights and interests of developing countries and fully harness the strength of the Group, I propose that the G77 and China work hard in the following areas:

First, work in concert to maintain world peace and stability. The recent political turmoil and even wars in some west Asian and north African countries have undermined regional stability. This shows that there is still a long way to go before enduring peace and common prosperity can be achieved in the world. We should adhere to the purposes and principles of the UN Charter, bring into full play the central role of the UN and its Security Council in peace keeping, peace making and peace building, and settle disputes peacefully through dialogue and consultation. We should unswervingly pursue multilateralism and international cooperation, promote democracy in international relations and create a sound international environment for countries to realize peace, stability and prosperity.

Second, work in solidarity to foster a favorable international economic environment. We should endeavor to build fair, just, inclusive and well-managed international monetary and financial systems, support global economic growth, and work for greater representation and say of emerging market economies and developing countries in global economic governance. We should work towards a fair, equitable and non-discriminatory international free trade system, oppose all forms of protectionism and strive for early attainment of the development goals in the Doha Round negotiations.

Third, pursue self-enhancement through unity and advance international development cooperation. There are only four years left before the deadline for achieving the Millennium Development Goals (MDGs), yet we are still far from meeting these goals globally. Not a single moment should be lost. We should continue our efforts in building a global development partnership featuring equality and mutual benefit. We should urge developed countries to honor their commitments on financial aid, debt relief and technology transfer, and help developing countries, especially the least developed ones, small island states and African countries, attain the MDGs at an early date. We call on all parties to take an active part in next year's UN Conference on Sustainable Development and its preparations, and push for substantive outcomes in the conference with a view to achieving coordinated economic, social and environmental development across the globe.

Fourth, enhance coordination to meet global challenges with collective efforts. We should work together to uphold the United Nations Framework Convention on Climate Change (UNFCCC) and its Kyoto Protocol as the main channel for tackling climate change, stick to the principle of "common but differentiated responsibilities" and strive for comprehensive and balanced outcomes at the Durban conference in keeping with the mandate of the Bali Roadmap. Hunger and poverty pose a chronic and severe challenge to all developing countries, and to eliminate them is the primary goal among the UNMDGs. We should call upon the international community to step up food assistance, raise grain productivity, and forge a favorable international environment in terms of agro-produce related trade, intellectual property rights and technology transfer, in order to achieve global food security. We should also work together to safeguard global energy security under the principle of mutually beneficial cooperation, diverse development and common energy security through coordination.

Mr. Chairman,

With more than 30 years of reform and opening up, China has scored remarkable development achievements. In 2010, China's GDP grew by 10.4%, making important contribution to world economic recovery. However, we are keenly aware that China remains a developing country with a big population, weak economic foundation and uneven development. China's per capita GDP is still quite low and economic development is under increasing pressure of resources and the environment. More than 100 million people still live below the UN poverty line. China faces daunting tasks in pursuing economic and social development.

As the biggest developing country in the world, China bases its foreign policy on solidarity and cooperation with other developing countries. China will always be a good partner and good brother of other developing countries. China is committed to peaceful development, and will continue to do what it can to help other developing countries. Since 2004, China's assistance to other countries has grown by 29.4% annually, and by the end of 2009, its total foreign aid had reached 256.29 billion RMB yuan. The Horn of Africa suffered severe drought and famine recently. The Chinese government shared the pain of the people in the affected areas and decided to provide 443.2 million RMB yuan in emergency food assistance and cash for pursuing food to help ease the food shortage.

China cherishes the cooperation mechanism of the "G77 and China". We will actively support the work of the current and succeeding chairmen. We will strengthen coordination and cooperation with other developing countries, and work with them to enhance the say of developing countries in international affairs, promote the building of a fair and equitable new international political and economic order and achieve common development and prosperity.

Thank you, Mr. Chairman.

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