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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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China sees bustling consumption as New Year approaches

2024-12-29 22:17 Last Updated At:22:37

The upcoming New Year has injected a stimulus to China's consumer market, with stores beefing up stocks of farm produce and other supplies.

According to data from the Ministry of Commerce, ahead of the New Year, the stock levels of essential goods such as grains, edible oil, eggs, and pork have slightly increased in the country's 200 major agricultural wholesale markets compared with early December. The supply of daily necessities has remained sufficient and the prices have been generally stable.

In Beijing, grocery stores are experiencing a surge in customer traffic, with many major supermarkets seeing daily foot traffic exceeding 10,000 people.

Hubei Province in central China has better coordinated production and sales, increasing the efficiency of daily goods circulation by 10 percent compared with usual.

In south China's Guangxi Zhuang Autonomous Region and other regions, large agricultural wholesale markets and key supermarkets have seen a 20 percent increase in the supply of essential items such as vegetables, fruits, eggs, and dairy products.

The holiday atmosphere also extends to commercial districts and tourist attractions. From Nanjing City's lantern-decorated malls and Changsha City's renovated cultural streets, to newly opened countryside inns in snow-covered Mohe City, business is booming ahead of the New Year.

Many stores are also rolling out end-of-the-year special sales. In northwest China's Xi'an City, several department stores have offered promotion deals combined with subsidies for home appliances move-up purchases.

"With government subsidies, the discounts are particularly good. I'm planning to buy a new washing machine before the New Year so I can use it during the holidays," said a consumer in Xi'an.

Data from the State Information Center shows that in December, the offline consumer activity index has seen a 5.0 percent year-on-year increase. The service consumption activity index has risen by 10.6 percent, with the leisure and entertainment sector growing by 32.3 percent, the catering industry up by 9.6 percent, and tourism by 9.0 percent, respectively.

China sees bustling consumption as New Year approaches

China sees bustling consumption as New Year approaches

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