Embassy of China in the Netherlands

President Xi Jinping announced eight measures to support Global South cooperation. China will: 1⃣ establish a Global South research center, 2⃣ provide 1,000 scholarships under the Five Principles of Peaceful Coexistence Scholarship of Excellence, 3⃣ provide 100,000 training opportunities to Global South countries in the coming five years, 4⃣ launch a Global South youth leaders program, 5⃣ continue to make good use of the China-U.N. Peace and Development Fund, the Global Development and South-South Cooperation Fund, and the Climate Change South-South Cooperation Fund, 6⃣ work with interested parties to set up a tripartite center of excellence for the implementation of the Global Development Initiative, 7⃣ renew the China-IFAD South-South and Triangular Cooperation Facility, and make an additional Renminbi contribution equivalent to US$10 million to be used to support agricultural development of the Global South, 8⃣ discuss free trade arrangements with more Global South countries, continue to support the WTO’s Aid for Trade initiative, and renew its contribution to the WTO’s China Program, and we welcome more Global South countries to join the Initiative on International Trade and Economic Cooperation Framework for Digital Economy and Green Development. Between now and 2030, China’s import from fellow developing countries is expected to exceed US$8 trillion.