Leading industry representatives discussed how to strengthen South-South collaboration and addressed key challenges such as financial stability, sustainable development, and green transition.
Wang Sheng, Chairman of China Galaxy Securities, stated, “Financial risk management and serving the real economy should be priorities in the exchange and cooperation among the Global South countries.”
The Forum also highlighted the role of the Silk Road Fund (SRF), which has invested more than 250 billion dollars in 106 projects in Asia, Africa, and Latin America over the last decade.
Wang Dan, executive vice president of SRF, said, “We seek to expand our cooperation with more Global South countries, especially in sectors such as consumption, agriculture, education, and health.”
Marc Uzan, executive director of the Reinventing Bretton Woods Committee, stressed the need for institutions such as the International Monetary Fund (IMF) and the World Bank (WB) to support the demands of developing countries.
Meanwhile, Juan Sanchez, president of Brazil’s Financial Information Group, underscored the importance of reducing dependence on traditional markets and seeking new trade opportunities through mechanisms such as the New Development Bank.
The Beijing Consensus emphasizes the creation of financial cooperation mechanisms among countries in the Global South, including promoting infrastructure, food security, and digital financial services.
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