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China to seek more benefits for developing countries at G8 + 5 summit

cctv.com 07-01-2005 13:51

Chinese President Hu Jintao is scheduled to attend a meeting with the Group of Eight in Britain next week where analysts expected he and other invited leaders will seek more benefits for developing countries.

The G8 Summit Outreach Session between the G8 and China, India,Brazil, South Africa and Mexico will focus on issues like the world economy, African issue and global climate change.

On the sidelines of the meeting, Hu will meet leaders of the G8countries and other major developing countries, according to Li Hui, assistant foreign minister of China.

China is expected to urge developed countries to reduce trade barriers, further open their market and transfer technology to developing countries, said Shao Feng, researcher with the Chinese Academy of Social Sciences.

Foreign Ministry spokesman Liu Jianchao said Hu's participation in the G8 plus five summit is aimed at enhancing communication between developed and developing countries on key international issues and common challenges.

Hu will also discuss China's energy policy and its general social and economic development and put forward certain cooperative proposals to that end, Liu said.

The G8 comprises the world's seven leading industrial powers --Britain, Canada, France, Germany, Italy, Japan and the United States -- plus Russia.

The G8 has evolved from a "rich club" to a "major power's club",Shao said. "The G8 plus five meeting is an important diplomacy platform for the major powers."

Hu's attendance indicates that the developed industrial countries recognize the increasing influence of China, which will seek benefits for itself and other developing countries.

Though it was decided at the G8 financial ministers' meeting toeliminate 40 billion US dollars of debt in 18 countries, most developing countries still lack a "blood-making" mechanism, or thecapability to reach sustainable development, according to analysts.

Editor:Wang Ping  Source:Xinhua News Agency


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