Chinese Investments Boost Africa's Development: Ugandan President

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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

KAMPALA, Sept. 1 (Xinhua) — Ugandan President Yoweri Museveni on Monday said investment from China is helping boost Africa's growth, particularly in sectors such as infrastructure and industry.

Speaking at the opening of a two-day Financing for Development Summit in the capital, Kampala, Mr Museveni said both public and private Chinese capital was playing a vital role in implementing transport and energy projects, which he said were key to unlocking the continent's development potential.

Participants at the summit, titled “Transforming Africa through National Development Finance Architecture,” noted the important role of private investors from China in establishing industrial parks across Africa. The Ugandan president said such parks not only help reduce import costs but also create thousands of jobs for youth.

“Unlike Western lenders, the Chinese are taking advantage of Africa’s opportunities and investing in what promises good returns,” Museveni stressed, calling on Western financiers to follow China’s example and provide affordable loans to African countries instead of leaving them at the mercy of private lenders charging exorbitant interest rates.

China has financed the construction of two large hydroelectric power plants in Uganda – the 600 MW Karuma hydroelectric power plant and the 180 MW Isimba hydroelectric power plant.

The summit, which brings together government officials, heads of national development banks and multilateral financial institutions, aims to rethink strategies for financing sustainable growth in African countries. Discussions will focus on addressing debt burdens, mobilizing resources and exploring opportunities in agriculture, technology and services. –0–

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Egypt looks to further strengthen ties with China – Deputy Prime Minister

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Source: People's Republic of China – State Council News

CAIRO, Sept. 1 (Xinhua) — Egypt hopes to further strengthen its relations with China, especially in the economic sphere, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel al-Wazir said on Monday.

In his statement, he drew attention to the fact that China is Egypt's main trading partner and expressed hope that more Chinese companies will invest in the country.

K. al-Wazir will reportedly visit China as an envoy of Egyptian President Abdel Fattah al-Sisi to attend commemorative events marking the 80th anniversary of the victory in the Chinese People's War of Resistance Against Japanese Aggression and the World Anti-Fascist War.

Emphasizing the strength of Egyptian-Chinese ties, the Deputy Prime Minister noted that a comprehensive strategic partnership has been established between the two countries since 2014.

K. Al-Wazir referred to the plan for the implementation of the comprehensive strategic partnership between Egypt and China, which was signed in 2024. He pointed out that this agreement serves as a roadmap for developing and raising the level of bilateral relations based on the practical achievements of previous years.

The program of K. al-Wazir's trip to China includes a series of meetings with the heads and representatives of large Chinese companies to discuss cooperation issues and ways to attract additional Chinese investment to the Egyptian market. –0–

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/SCO Summit in Tianjin/ Global Governance Initiative Comes at the Most Opportune Moment – Chinese Foreign Minister

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Source: People's Republic of China – State Council News

TIANJIN, Sept. 1 (Xinhua) — The global governance initiative was put forward by Chinese President Xi Jinping at a most opportune moment when the world is facing challenges such as frequent regional instability, slowing economic growth and the rise of forces opposing globalization, Chinese Foreign Minister Wang Yi said Monday.

Wang Yi, also a member of the Politburo of the CPC Central Committee, made the statement during a joint meeting with journalists with the Secretary General of the Shanghai Cooperation Organization (SCO) Nurlan Yermekbayev.

The Chinese diplomat clarified that the Global Governance Initiative put forward by Xi Jinping at the SCO Plus meeting includes five principles: ensuring sovereign equality, upholding the international rule of law, implementing multilateralism, implementing a human-centered approach, and focusing on action.

At the same time, as Wang Yi noted, the spirit of this initiative is fully consistent with the goals and principles of the UN Charter.

According to him, the initiative aims to firmly support the central role of the UN in international affairs and to engage countries in reforming the global governance system, building on multilateral mechanisms such as the UN, to ensure a more effective response to challenges.

As Wang Yi pointed out, the Global Governance Initiative is the fourth landmark global initiative put forward by the Chinese president in recent years, following the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative.

Wang Yi pointed out that these four initiatives bring stability and certainty to a turbulent world, reflecting China's active role and sense of responsibility in international affairs.

China will continue to stand on the side of multilateralism, advocate unity over division, and cooperation over confrontation, the head of the Chinese Foreign Ministry assured.

He added that China will strengthen coordination with the UN and all other parties to implement the Global Governance Initiative and build a fairer and more reasonable global governance system. –0–

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/SCO Summit in Tianjin/ Chinese Foreign Minister Meets with Indonesian Colleague

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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

TIANJIN, Sept. 1 (Xinhua) — Chinese Foreign Minister Wang Yi met with Indonesian Foreign Minister Sugiono in north China's Tianjin Municipality on Sunday.

On behalf of Indonesian President Prabowo Subianto, who was unable to visit China due to the current domestic political situation in his country, Sugiono arrived in China to attend the 2025 Shanghai Cooperation Organization (SCO) summit, as well as commemorative events marking the 80th anniversary of the victory in the Chinese People's War of Resistance Against Japanese Aggression and the World Anti-Fascist War.

According to Sugiono, Indonesia attaches great importance to developing friendly relations with China and wishes that the current events will be crowned with complete success. He assured that the Indonesian government will make every effort to ensure the safety of Chinese personnel and institutions in Indonesia.

Wang Yi, also a member of the Politburo of the CPC Central Committee, for his part welcomed Sugiono's participation in the events in China as a representative of the Indonesian leader.

The Chinese diplomat expressed understanding and respect for the Indonesian government's adjustments based on domestic needs and expressed hope that Indonesia would ensure the safety and legitimate rights and interests of Chinese personnel and institutions in the country. –0–

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/SCO Summit in Tianjin/ Global Governance Initiative Comes at the Most Opportune Time – Chinese Foreign Minister

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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

TIANJIN, Sept. 1 (Xinhua) — The global governance initiative was put forward by Chinese President Xi Jinping at a most opportune moment when the world is facing challenges such as frequent regional instability, slowing economic growth and the rise of forces opposing globalization, Chinese Foreign Minister Wang Yi said Monday.

Wang Yi, also a member of the Politburo of the CPC Central Committee, made the statement during a joint meeting with journalists with the Secretary General of the Shanghai Cooperation Organization (SCO) Nurlan Yermekbayev.

The Chinese diplomat clarified that the Global Governance Initiative put forward by Xi Jinping at the SCO Plus meeting includes five principles: ensuring sovereign equality, upholding the international rule of law, implementing multilateralism, implementing a human-centered approach, and focusing on action.

At the same time, as Wang Yi noted, the spirit of this initiative is fully consistent with the goals and principles of the UN Charter.

According to him, the initiative aims to firmly support the central role of the UN in international affairs and to engage countries in reforming the global governance system, building on multilateral mechanisms such as the UN, to ensure a more effective response to challenges.

As Wang Yi pointed out, the Global Governance Initiative is the fourth landmark global initiative put forward by the Chinese president in recent years, following the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative.

Wang Yi pointed out that these four initiatives bring stability and certainty to a turbulent world, reflecting China's active role and sense of responsibility in international affairs.

China will continue to stand on the side of multilateralism, advocate unity over division, and cooperation over confrontation, the head of the Chinese Foreign Ministry assured.

He added that China will strengthen coordination with the UN and all other parties to implement the Global Governance Initiative and build a fairer and more reasonable global governance system. –0–

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The memory of the Great Victory inspires us to build a community of shared destiny for humanity, guiding us along the path of peace and development – Ambassador of the People's Republic of China to Georgia Zhou Qian

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Source: People's Republic of China – State Council News

Tbilisi, Sept. 1 (Xinhua) — The victory of the Chinese people in the 14-year war against Japanese invaders belongs not only to China, but also to all peace-loving nations of the world, said Chinese Ambassador to Georgia Zhou Qian.

On the eve of the 80th anniversary of the Victory in the Chinese People's War of Resistance against Japanese Aggression and the World Anti-Fascist War, he gave an interview to the Georgian online publication Business Press News.

"Today, 80 years later, as we look back on these heroic pages of history, the national dignity, international responsibility and aspiration for peace that the Chinese people displayed during the war still illuminate the path of mankind. These values serve as an important source of inspiration for building a community with a shared future for mankind, guiding us along the path of peace and development," Zhou Qian emphasized.

The ambassador paid special attention to the contribution of the Georgian people to the common victory over fascism. “We will never forget the immortal contribution of the Georgian people to the Victory in World War II,” he said.

According to him, eight decades later, the world still faces challenges. “Hegemonism, Cold War mentality, unilateralism and suppression not only undermine the world economic order, but also threaten peace and stability throughout the world. The global challenges facing humanity are becoming increasingly serious and complex, and the path to peace and sustainable development remains difficult and long,” the diplomat said.

Speaking about the current international situation, Zhou Qian recalled that China, as the first founding member of the UN Charter, a permanent member of the UN Security Council and the second largest economy in the world, has always followed its historical mission.

"From putting forward the concept of a community with a shared future for mankind to launching global initiatives in development, security and civilization, China has always supported the international community, upholding the results of the victory in World War II and international justice, and playing a constructive role in maintaining world peace and development," the ambassador said.

In conclusion, Zhou Qian stressed the importance of learning from the past: “The experience of the past is a lesson for the future. As we stand at a new starting point, we must remember the lessons of history, overcome differences through unity, replace confrontation with cooperation, and jointly write a new chapter in the development of human civilization,” the Chinese diplomat concluded. –0–

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Shenzhen-Hong Kong-Guangzhou Innovation Cluster Tops 2025 Global Innovation Index

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Source: People's Republic of China – State Council News

SHENZHEN, Sept. 1 (Xinhua) — The Shenzhen-Hong Kong-Guangzhou innovation cluster in the Guangdong-Hong Kong-Macao Greater Bay Area has ranked first among the world's top 100 innovation clusters in the 2025 Global Innovation Index released Monday by the World Intellectual Property Organization.

This cluster has surpassed Japan's Tokyo-Yokohama cluster for the first time and has been recognized as a world-leading innovation hub, demonstrating the strong vitality of scientific and technological innovation in the Greater Bay Area and the dynamic progress in building an international scientific and technological innovation hub.

Prior to this, the Shenzhen-Hong Kong-Guangzhou innovation cluster had ranked second in the index for five consecutive years since 2020.

According to the Guangdong Provincial Market Regulatory Bureau, this year's innovation cluster rankings take into account a new indicator, namely, the volume of venture capital transactions, which has been added to the existing indicators of the number of international patent applications under the Patent Cooperation Treaty and the number of publications in journals included in the Science Citation Index Extended (SCIE). The new assessment system focuses not only on the creation and deployment of intellectual property, but also on the implementation and realization of the value of innovative results.

This year, the top 100 innovation clusters were distributed across 33 economies worldwide. The largest number of clusters are concentrated in China /24/, the United States /22/ and Germany /7/. –0–

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/SCO Summit in Tianjin/ Pakistani Prime Minister Calls China-Pakistan Economic Corridor an Example of Integration within the SCO

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Source: People's Republic of China – State Council News

TIANJIN, Sept. 1 (Xinhua) — Pakistani Prime Minister Shahbaz Sharif on Monday hailed the China-Pakistan Economic Corridor (CPEC) as a practical demonstration of the Shanghai Cooperation Organization's (SCO) vision for regional connectivity and economic integration.

“As leaders of the SCO member states, we have emphasized year after year the importance of strengthening regional connectivity. This requires efficient land, air and rail transport corridors to ensure the reliability of supply chains,” said Sharif, speaking at the 25th meeting of the SCO Council of Heads of State.

According to him, the expansion of CPEC, which is one of the flagship projects of the Belt and Road Initiative, can serve as a practical demonstration of the vision of regional connectivity and economic integration within the SCO.

Sh. Sharif also noted that China's global leadership is expressed not only in the activities of the SCO, but also in such landmark initiatives as the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative.

Speaking about regional security, the Pakistani Prime Minister stressed that Pakistan is committed to developing normal and stable relations with all its neighbours and prefers dialogue and diplomacy over conflict and confrontation.

Sharif assured that Pakistan would continue its efforts along with other SCO members to promote peace, progress and prosperity in the entire region and ensure lasting peace in South Asia. He called for a comprehensive and structured dialogue to discuss all outstanding disputes. –0–

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/SCO Summit in Tianjin/ Exclusive: China's New Global Governance Initiative Is Based on Ideas of a Just and Reasonable World Order — Russian Expert

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Source: People's Republic of China – State Council News

Moscow, September 1 /Xinhua/ — China's new initiative on global governance is based on the ideas of a fair and reasonable economic and political world order, says Oleg Timofeev, associate professor at the Peoples' Friendship University of Russia (RUDN).

“The official launch of the new initiative was preceded by a fairly long period of discussion of its main elements – the ideas of a fair and reasonable economic and political world order, a common destiny for humanity and the previous three global initiatives, of which the Global Governance Initiative is a natural continuation,” Timofeev said in an interview with Xinhua.

According to him, it is no coincidence that Chinese President Xi Jinping put forward the Global Governance Initiative at the Shanghai Cooperation Organization (SCO) summit.

"Firstly, from the moment the Shanghai Five, the predecessor of the SCO, emerged to the present day, this organization has come a long way: from a bilateral to a multilateral format, from a political club to a full-fledged organization, from a subregional to a macroregional structure, from focusing on regional security issues to full-fledged interaction. In recent years, the representation of the Global South states in the SCO has significantly expanded, the protection of whose interests is proclaimed, first of all, in the new initiative of Xi Jinping," noted O. Timofeev.

According to the expert, “China has unique experience in implementing numerous initiatives aimed at solving many international and global problems, demonstrating a fairly flexible approach that involves the use of a wide variety of forms and instruments of international cooperation… Beijing puts forward its own initiatives, which, in turn, receive support from a wide range of states in the Global South.”

O. Timofeev believes that the international institutions created by Western countries, primarily the World Trade Organization, clearly lack the competence and authority to effectively counter negative trends in the global economy. Therefore, as the Xinhua interlocutor emphasized, “The Global Governance Initiative will be more focused on multilateral economic institutions that have proven their effectiveness and are characterized by more democratic procedures for making and implementing decisions, such as the G20, the Belt and Road Initiative, BRICS, the SCO, and interregional cooperation dialogues.” –0–

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Welcome to the univerSUM: GUU celebrated the Day of Knowledge and New Students

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Source: Official website of the State –

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On September 1, 2025, a ceremonial assembly dedicated to Knowledge Day and the beginning of the academic year was held at the State University of Management.

This year, September 1st was celebrated under the slogan “Creators of Tomorrow,” because future leaders, government officials, top managers, innovators in business and science study at the State University of Management, who are destined to change life in Russia for the better.

On the eve of the event, on the last day of summer, a meeting of first-year students was held at the State University of Management, so they had already managed to get used to their new place of study and did not get lost, but were nevertheless accompanied by attentive curators.

According to tradition, the official part of the celebration began with the Russian anthem, a parade with the flags of all the institutes of the State University of Management and a welcoming speech by the rector Vladimir Stroyev, who noted that the first-year students were lucky to get into the university, which has graduated many famous statesmen and major entrepreneurs over its more than 100-year history.

"If you have the attitude to become successful, then you will receive a quality education here, because our university has the best teaching staff in Russia in the areas of management, economics, marketing. I am sure that you will remember these years for the rest of your life. Maybe someone will find their true love and families will be formed. We welcome this. Many student families of past decades still delight us with their visits. There is nothing more reliable than meeting during student time. I wish you not only to receive all the knowledge that is available to you at the State University of Management, but also to actively participate in the life of the university. As future leaders, this will be very useful for you. Later, you will understand that student years are the happiest time in life. In the meantime, I am glad to welcome you to the family of the State University of Management!" Vladimir Stroev congratulated the students.

The students were also addressed by honorary guests and graduates of the State University of Management.

The head of the Federal Treasury of the Russian Federation, Roman Artyukhin, distinguished himself with a beautiful speech about the name of the State University of Management, in which every word is beautiful.

"Management is the right to lead. You need to manage wisely. And you need to manage not others, but first of all yourself. Manage your knowledge and become better every day than yesterday. By managing yourself, you become able to manage others. The university is a universe. During your studies, the entire universe opens up to you. There are no unnecessary subjects here. Industry disciplines are important, no doubt. Philosophy gives a large-scale view of the world around us, it cannot be neglected. And of course, accounting. Without accounting, there will be no professional economist or financier. Not the most difficult discipline, but fundamental. State. What are you? State. This should apply to each of us. We must be patriotic, loving our native country and the people around us, doing everything for the prosperity of Russia. I wish you all success, inspiration, and joy in your studies," Roman Artyukhin concluded his speech.

Director of the Department of Personnel Policy of the Ministry of Science and Higher Education of Russia Alexey Svistunov heartily congratulated first-year students on their first day of study within the walls of the university.

"I remember my first days as a student. I always went to school with joy, everything was interesting. The contrast with school was noticeable, where not everything was interesting. And at the university, we study with great pleasure, because we go where our soul calls. But the university is not only about studying. You will also have sports competitions, volunteer activities, KVN, which GUU is famous for. And of course, romance – student families. This is a rich extracurricular life, which will also absorb you. Indeed, a whole universe. I congratulate you on the beginning of this wonderful stage of life," Alexey Svistunov shared his memories.

The Executive Secretary of the Parliamentary Assembly of the Collective Security Treaty Organization, Sergei Pospelov, also recalled the past, but not so distant.

"A couple of months ago, we presented diplomas to graduates at this very place. And their faces were sadder, and I congratulate you on that. I wish you to maintain this enthusiasm throughout your entire studies. As a teacher, I would like to advise you to be honest with yourself, from the first year until the very last day of study. Moreover, in the world of digital technologies, everything you have written, done or said stays with you forever. I congratulate you on becoming members of the large GUU family and wish you success!" said the Executive Secretary of the CSTO PA.

The head of the regional interaction department of the “Movement of the First” Olga Negrova admitted that she always returns to the walls of the State University of Management with great joy.

"Allow me to congratulate you on receiving the status of a student on behalf of the Chairman of the Board of the "Movement of the First", Hero of the Russian Federation Artur Orlov, and wish you that the path that you have chosen for yourself today will definitely be the right one. And that your student years will become special. Do not forget that you live in a time of incredible opportunities. Russia is a country of opportunities, and you are part of these opportunities. Happy holiday!" Olga Negrova congratulated the students.

The guests' speeches ended there, but the congratulations did not. The Chairperson of the Federation Council Committee on Science, Education and Culture Liliya Gumerova sent an official letter to the workforce and students of the State University of Management, in which she also noted the romance of student life and thanked the university for its great work in supporting young families. The full text of the letter can be found in the photo gallery.

At the end of the ceremonial assembly, the newly minted students took the freshman oath and received a symbolic pass to the territory of the State University of Management from Vladimir Stroyev. The rector also presented a gift from the university's partner, Sberbank, to the best freshman, Alisa Tsibulkina, who scored 300 points on the Unified State Exam and entered the Institute of Personnel Management, Social and Business Communications.

This was the end of the celebration. The first-year students still had a tour of the State University of Management and meetings with the directors of the institutes, and the rest of the students went to the first lectures of the new academic year.

Once again, we congratulate everyone on Knowledge Day! May the entire school year be as warm and soulful as September 1st.

Subscribe to the TG channel “Our GUU” Date of publication: 09/01/2025

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