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Chinese Finance Minister Calls for New Int'l Economic Order

Chinese Finance Minister Jin Renqing in Paris Thursday called for a fair, equitable and mutually beneficial international economic order, and reiterated China's commitment to contribute to international development assistance in more ways.  

Jin made these remarks at a conference of finance ministers which is dedicated to review the 2015 Millennium Development Goals agreed in New York in 2000 and work out new road map and measures for development and cooperation.

 

He mentioned some difficulties in the process of economic globalization, such as uneven development and the widening North-South gap.

 

"More worryingly, some new threats like regional conflicts, international terrorism, cross-border crimes, HIV/AIDS and ecological degradation are emerging, while the prolonged problems of poverty and hunger are far from being addressed," he said in his speech to the conference.

 

He said current international economic order does not correct the shortcoming of the globalization but intensify its irrationality.

 

China, as a developing country, stands ready to make its contributions to the international commitment of development assistance in more ways, including providing international public goods, various kinds of business opportunities, debt relief and assistant fund to other developing countries, he said.

 

In the end of his speech, Jin invited participants from 56 countries to the conference to attend a global conference on Scaling-up Poverty Reduction, to be hosted jointly in two months by the World Bank and China's Finance Ministry in Shanghai, China.

 

(Xinhua News Agency April 9, 2004)

Chinese, French Finance Ministers Discuss Cooperation
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