Developing countries meet in Beijing, discuss financial crisis

10:28, May 19, 2010      

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To share lessons from the financial crisis and promote economic exchanges among developing countries, the Ministerial Workshop on Financial Crisis and Economic Recovery for Developing Countries, which was initiated by the Chinese Ministry of Commerce, will be held from May 18 to 24 in Beijing.

The workshop has attracted 38 economic officials from 20 countries such as Uganda, Ghana, Zimbabwe, Thailand and the Philippines. They will have extensive discussions on topics including China's measures to address the financial crisis, economic globalization, developing countries in the post-crisis era, challenges of recovery and China's economic development mode.

These officials will also visit Shenzhen to learn about China's experiences in coping with financial crisis and realizing economic recovery.

Vice Commerce Minister Fu Ziying said that China is the world's largest developing country and to strengthen relations with developing countries is a focal point of China's foreign policy. China actively seeks mutual benefit and common development with developing countries. This workshop is a concrete manifestation of this idea, Fu said.

China is willing to share with other countries the experience it gained from the financial crisis and promoting economic recovery through various means. The country also seeks to further exchanges with other countries for mutual inspiration and to explore effective measures to achieve economic recovery.

It is learned that various types of personnel training for developing countries have become an important part of China's foreign aid.

The data from the Ministry of Commerce show that during 60 years of foreign aid, China has invited about 120,000 officials and technical staff from more than 170 countries and regions to participate in various seminars, training, study tours and exchange activities. The cooperation expanded from practical technical training to academic education, training for officials, investigation and communication and other means, covering more than 20 fields such as agriculture, economy, trade, education and health.

By People's Daily Online


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