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Wang Yi: Cooperation Between China and Developing Countries Enters into a New Stage of Improvement and Upgrade

On March 20, 2017, Foreign Minister Wang Yi expressed at the annual meeting of China Development Forum that cooperation between China and developing countries enters into a new stage of improvement and upgrade, embracing new opportunities of mutual benefit and win-win results. Guided by President Xi Jinping's correct values of friendship, justice and shared interests with more importance on the former, China will vigorously deepen mutually beneficial cooperation with the vast developing countries, and actively guide bilateral cooperation to gradually transform from the government-led to the market operation, from the general merchandise trade to the upgrade of production capacity cooperation, and from the simple project contracting to investment, construction and operation, so as to achieve higher-level complementary advantages and common development, and effectively help developing countries to improve their self-development ability.

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