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Chinese path to modernization a model for Global South, experts say

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Chinese path to modernization a model for Global South, experts say
Business

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Chinese path to modernization a model for Global South, experts say

2024-11-23 15:35 Last Updated At:15:55

BEIJING, Nov. 23, 2024 /PRNewswire/ -- China's rise from poverty to prosperity is a miracle that has contributed enormously toward global development, said Erik Solheim, former under-secretary-general of the United Nations.

Speaking at the Fifth Think Tank Forum on National Governance in Developing Countries held in Beijing on Friday, Solheim said that Chinese modernization is rooted in its ancient traditions, which have developed through history and are hard to imitate. But the experiences still hold valuable lessons that other nations can learn from.

The forum, with the theme "Joining Hands to Advance the Modernization of the Global South", was jointly held by the Party School of the Central Committee of the Communist Party of China (National Academy of Governance), the Institute of Party History and Literature of the CPC Central Committee, Peking University and China Daily. More than 200 participants from 20 countries attended the event.

"What China offers is not just a model, it's now the source of main investment in the Global South," said Solheim, listing the Padma Multipurpose Bridge project in Bangladesh as an example. He said the project has helped the Bangladesh economy grow by connecting the country's east with the west. "And the railway and their stations built by China are an enormous service to Kenya, while the new port launched in Peru is important for trans-Pacific economy and South American economy," he added.

Speaking on the occasion, Xie Chuntao, executive vice-president of the Party School of the CPC Central Committee said the success of Chinese modernization had proved wrong the perception that modernization equaled Westernization. He added that China not only sets an example for other members of the Global South but also provides genuine help to them by writing off debts and taking other mutually beneficial measures.

"For this year's China International Import Expo, China reserved over 120 free seats for 37 of the most underdeveloped countries. This reflects the Global South's call for unity, development and reform and strengthens inclusiveness and sustainability," Xie said, adding, "It also meets the aspirations of the people of the Global South for a better life."

Commenting on the growth of the Global South, Qu Qingshan, president of the Institute of Party History and Literature of the CPC Central Committee, said: "With a population accounting for over 70 percent and economy accounting for over 40 percent of that of the whole world, the Global South has become an important engine for the world's growth. That countries of the Global South jointly moving toward modernization is an unprecedented miracle in the history of mankind."

Ra'ed Mohammed BenShams, president of the International Institute of Administrative Sciences, stressed that a moral basis must be laid for cooperation and called for "cooperation based on understanding" among nations, in particular among Global South economies. "It's time to foster collaboration grounded in mutual respect and shared values," he said.

"China has always regarded itself as being from the South. This is not just a geographical statement but also a philosophical position," said Donald Ramotar, former president of Guyana, speaking via video, "The leadership of the People's Republic of China has always based its policy and its relations with the developing world on the principle of solidarity, mutual benefits and the promotion of win-win cooperation."

Hong Dayong, vice-minister of the Publicity Department of the CPC Central Committee, hoped that Global South think tanks could deepen research into each other's history, culture and development path, thus promoting mutual understanding.

"Think tanks can provide a sound basis for Global South nations to write their own narrative of civilization," he said in a keynote speech. "Their voices can also be expressed in a better way so as to eradicate misunderstanding and misjudgment."

It's important for the Global South to have its own voice in global affairs, said Qu Yingpu, publisher and editor-in-chief of China Daily.

"World peace and development face severe challenges and regional conflicts, but on key global affairs and topics, the Global South nations are no longer the silent majority," he said in a keynote speech at the forum. "Instead they have their own voices and demonstrate more independent and rational viewpoints."

Tamas Hajba, head of the Organisation for Economic Co-operation and Development, Beijing Office, said that the world needs international cooperation and partnership more than ever. "Modernization of the developing countries is not merely an agenda; it is a necessity for achieving global stability, equity and sustainability," he said.

Endalkachew Sime, former state minister of planning and development of Ethiopia said: "The word South is derived from the word that means somewhere with sun. Literally the connection likely stems from the fact that in the northern hemisphere, the sun is generally in the southern part of the land. I believe the South is not poor, but it is the source of light."

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Chinese path to modernization a model for Global South, experts say

Chinese path to modernization a model for Global South, experts say

BANGKOK, Nov. 23, 2024 /PRNewswire/ -- The SMARTIES Thailand 2024 Awards brought together pioneers and the brightest minds of the advertising and marketing world, celebrating marketing innovation. Ultimately, 47 exceptional winners were honored, comprising 13 Gold, 15 Silver, 8 Bronze awards and 11 industry awards.

More than just a celebration, the SMARTIES Awards are a global movement that empowers brands, advertisers, agencies, publishers, and technology enablers. With over 50,000 entries globally, SMARTIES has extensive reach, encompassing 19 country awards, 4 regional awards, and one global awards program. This year, Thailand presented numerous impressive entries spanning diverse sectors, underscoring the country's influence in strategic marketing and creative innovation.

SMARTIES Thailand 2024 honored the best in the industry with a remarkable lineup of winners. Brilliant & Million, Thailand was awarded Digital Agency of the Year, while Grab took home both Publisher of the Year and Brand of the Year. Friends & Mana Company Limited was named Independent Agency of the Year, and Spa-Hakuhodo secured Creative Agency of the Year. M&C Saatchi emerged as the Media Agency of the Year, and Babi Mild was recognized as the Most Resilient Brand of the Year. Publicis Groupe earned the title of Holding Agency Company of the Year, while the Juror's Choice Award went to the impactful "Under My Skin" campaign. Mondelēz International claimed the honor of Advertiser of the Year, and Best in Show was awarded to the captivating "Oreo Pokemon Catch 'Em All!" campaign.

Check Out the Winner List Here! 

A rigorous selection process, led by a dedicated jury panel featuring top minds in marketing in Thailand, identified the best campaigns. These campaigns strengthened engagement through advanced technology, and elevated marketing practices.

"SMARTIES continues to set new benchmarks in the industry," said Rohit Dadwal, CEO of MMA Global APAC & Global Head of SMARTIESâ„¢ Worldwide. "This year's winners have demonstrated unparalleled brilliance, proving that Thailand is a hub for exceptional marketing talent. SMARTIES is not just about winning awards; it's about pushing boundaries and setting global standards. With the launch of our new SMARTIES Sonic logo this year, we are redefining how the SMARTIES brand resonates and engages with audiences around the world, marking a new era of recognition and innovation".

Winning a SMARTIES award brings more than recognition. Winners gain a competitive edge, credibility, and an impact on prestigious rankings, such as the MMA SMARTIES Business Impact Index, RECMA, and the WARC Media 100.

About MMA Global: MMA Global is the leading global trade association for marketers, providing essential resources and expertise to empower marketers to navigate the complex world of Marketing. With a commitment to driving innovation and effectiveness, MMA Global plays a pivotal role in shaping the future of marketing.

SMARTIES: SMARTIES is the prestigious marketing awards program hosted by MMA Global, recognizing excellence in Marketing. The SMARTIES Awards celebrate the most innovative and impactful campaigns that push the boundaries of creativity and drive measurable business impact in today's dynamic landscape.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

MMA SMARTIES Thailand 2024 - Celebrates Unparalleled Marketing Innovation and Excellence in Thailand

MMA SMARTIES Thailand 2024 - Celebrates Unparalleled Marketing Innovation and Excellence in Thailand

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