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UNDP chief lauds China's crucial role in advancing green, digital transformation

China

China

China

UNDP chief lauds China's crucial role in advancing green, digital transformation

2024-10-16 20:00 Last Updated At:20:57

The United Nations Development Program (UNDP) administrator Achim Steiner has lauded China's significant contributions in advancing green and digital transformations for future development, while cautioning against global fragmentation due to political polarization and division.

During his recent visit to China from October 8 to 15, Steiner stressed China's progress in green transition and climate change, noting that these advancements serve as valuable models for nations worldwide. During his visit, Steiner and the China International Development Cooperation Agency signed a memorandum of understanding to strengthen cooperation in sustainable development under the Global Development Initiative framework.

In an interview with China Global Television Network (CGTN), Steiner spoke highly of China's ability to leverage both modernization technologies and policy experiences to chart its own unique development path.

"China is not only a country, it's a culture, it is a civilization that has thousands of years of history. I think that ability of being able to look outside in order to then develop one's own way forward has been a key factor in the way that China has been able to leverage both modernization technologies, but also policy experiences and then translate them into China's own path. UNDP was indeed very privileged to be one of the partners to be invited at that moment. And I think the trust that China had in UNDP is still something that I see in so many developing countries today," said Steiner.

He reiterated that UNDP is dedicated to helping countries address global and domestic development challenges. He affirmed his belief that green and digital transformations are crucial drivers for future development, stressing UNDP's commitment to ensuring that the Global South countries are not left behind in this transformative journey. Moreover, Steiner cautioned against the primary risk confronting the world today -- global fragmentation spurred by political polarization. He highlighted how discussions on critical matters such as international cooperation, investment, and energy transition are being clouded by the proliferation of wrong information and radical views, citing the challenges faced by electric vehicles in China as a prime example.

"We are seeing some very contradictory signals in the global marketplace, in geopolitical and geo-economic terms. But I think these are hopefully temporary disruptions, and ultimately we are a global economy that will move towards green energy, green transportation. The facts speak for themselves. No country, however large and capable, no country, can succeed in this day and age in tackling issues such as climate change on its own. We are bound by necessity to cooperate and to collaborate," he said.

Steiner urged a shift away from short-term thinking and emphasized the need for long-term partnerships and co-investment.

"If you only react to short term stress and factors, you may make very wrong choices in the long term. We need to look at each other as partners and co-investors, also competitors. Let's be clear, countries have to create jobs, they have industries. It's not that you cannot compete, but let's recognize where the problems are and not create new enemies out of who should ultimately be our partners in solving problems," he said.

UNDP chief lauds China's crucial role in advancing green, digital transformation

UNDP chief lauds China's crucial role in advancing green, digital transformation

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Poor harvest, short supply fuel cabbage price surge in South Korea

2024-10-16 20:15 Last Updated At:20:37

Cabbage prices are soaring in South Korea amid poor autumn harvests and a short supply in the market, which have imposed an additional burden on people's livelihoods.

Cabbage is a key ingredient of kimchi, the country's famed fiery fermented dish which many South Koreans eat every day.

Due to the blistering summer heat and prolonged drought, cabbage grown in many parts of the country, including the main producing area Gangwon-do, suffered poor growth, rotten roots and diseases, resulting in a significant drop in output.

In the second week of this month, cabbage shipment for the largest wholesale market of farm products in the country's capital Seoul fell over 30 percent compared with the previous week. As a result, the average wholesale price of 10 kilograms of cabbage jumped 86 percent year on year to about 17.01 U.S. dollars.

"Although some cabbage hasn't fully matured, many farmers harvest them in advance when the cabbage prices are high in the market. This leads to a sharp decline in shipment from cabbage producing areas. Therefore, the vegetable's prices will remain high in the short term," said a staff member with the wholesale market.

Data from the Korea Agro-Fisheries and Food Trade Corporation showed on Tuesday that the average retail price of a head of cabbage is about about 6.47 U.S. dollars, an increase of more than 30 percent from the previous year.

The high prices have dissuaded many customers despite their wish to use them to make kimchi.

"The cabbage prices are so high that I can't make kimchi now. I'll reconsider it when the price drops," said a customer.

The country has increased cabbage imports from its neighbor China to alleviate short supply in the market.

Data from the country's Ministry of Agriculture, Food and Rural Affairs showed on Tuesday that since the end of last month, South Korea has imported 48 tons of cabbage from China, with another 54 tons to arrive via the Pyeongtaek port on Thursday.

The total cabbage imports are expected to reach 1,100 tons by the end of this month.

Poor harvest, short supply fuel cabbage price surge in South Korea

Poor harvest, short supply fuel cabbage price surge in South Korea

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