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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
Harare, October 22 (Xinhua) — China's economic path in recent years has provided countries in the Global South with valuable insights for addressing global challenges, Munetsi Madakufamba, executive director of the Southern African Research and Documentation Centre, a Zimbabwe-based think tank, said in a recent written interview with Xinhua.
He said China has made significant progress in socio-economic development through the implementation of its 14th Five-Year Plan, bringing stability to the global economy.
China's economic path is marked by resilience and transformation, with forecasts pointing to robust growth in 2025, cementing its role as a key anchor of global stability despite global headwinds.
“The cornerstone of China’s approach is its commitment to green development, which is reflected in the development of renewable energy sectors such as electric vehicles, solar and wind power,” said Madakufamba.
For decades, China has used consistent five-year plans to manage its development, establishing itself as one of the major economies committed to long-term strategic planning and setting a strong example for countries in the Global South, the Zimbabwean expert added.
China's vision of building a community with a shared future for humanity resonates in China's diplomatic and economic activities, particularly in its relations with countries in the Global South, according to M. Madakufamba.
The Belt and Road Initiative is also an example of China's active participation in international cooperation, which is crucial for the development of new and large-scale infrastructure projects across the African continent, the expert noted.
He added that China's commitment to strengthening cooperation with countries in the Global South demonstrates its willingness to jointly address current development challenges amid global uncertainties through a win-win approach, creating enormous synergies for countries like Zimbabwe, which aims to achieve middle-income status by 2030.
M. Madakufamba praised Chinese investment in his country, saying China is using capital, technology and expertise to unlock Zimbabwe's vast economic potential and advance its development goals.
“The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China is a moment of great significance not only for China, but also for partners like Zimbabwe, who are seeking paths to sustainable development,” concluded Madakufamba. –0–
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