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China Daily / 2023-08 / 14 / Page009

Beijing is fostering shared development through initiatives

By Khalid Taimur Akram | China Daily | Updated: 2023-08-14 00:00
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China has not only transformed its economy, lifting hundreds of millions of people out of poverty, but also promoted development initiatives aimed at fostering growth and prosperity, and improving the well-being of people in other developing countries. In doing so, China has demonstrated to the world how to create development opportunities for, and benefit, all of humanity.

China has entered a new era as a result of its industrialization and modernization drive, and contribution to global peace. For instance, it has helped other countries make greater efforts to jointly build a shared future for all and boost global cooperation in every possible way.

China has provided technical and financial assistance to many developing countries and backed renewable energy projects in Africa and Asia, while initiating various projects in other countries.

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