Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
KUNMING, Sept. 6 (Xinhua) — The collective rise of the Global South is one of the profound transformations in the international landscape of the 21st century, providing a historic opportunity for innovation in global public intellectual goods, according to an analytical report released Saturday.
The report, titled "Answers to the Questions of Our Time: The Global Significance and Practical Value of China's Intellectual Public Goods," was prepared by the Xinhua Institute, a think tank affiliated with the Xinhua News Agency.
Politically, countries in the Global South are promoting the democratization of international relations, advocating for sovereign equality and inclusive consultation, and calling for greater fairness and justice in international platforms and global mechanisms, according to the report.
From an economic perspective, they place development at the centre of global economic governance and promote the restoration of balance in the global structure of economic power based on openness and cooperation.
In the area of global governance, countries of the Global South focus on involving more developing countries in the process, respecting the interests and needs of all and breaking the monopoly of the big powers.
Culturally, they advocate a principle of coexistence that goes beyond cultural hegemony, encouraging exchanges and mutual learning to overcome barriers between civilizations and rejecting the notion of a “clash of civilizations.”
More importantly, as the Global South continues to accumulate practical achievements, its values and policies are gaining increasing international influence, providing the world with a growing supply of intellectual goods that are both contemporary and practical, the report says.
The report says that in building a multipolar world based on equality and order, and advancing economic globalization that is inclusive and beneficial to all, the diversity of practices, rich cultures and varied development models of the Global South will undoubtedly bring even more valuable intellectual resources to the world. -0-
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