China Urges Global Unity on Development Financing

China urges global unity on development financing

Chinese President Xi Jinping’s Special Envoy and Finance Minister Lan Foan emphasized the need for stronger international cooperation to bridge the global development financing gap, during his address at the Fourth International Conference on Financing for Development held in Spain under the United Nations framework. Speaking at the plenary session’s general debate, Lan stressed the interconnected nature of humanity, quoting President Xi’s metap…

Global public investment could remake international financing by 2028

SEVILLA, SPAIN – On the closing day of the Fourth Financing for Development Conference, Global Public Investment Network and Club de Madrid announced a new government-led initiative for global public investment at the Sevilla Platform for Action. This marks a bold step toward reshaping how the world finances solutions to shared global challenges. “This day, and this Financing for Development Conference, does not mark an end point. It does not re…