Provider and enabler
China is expected to provide more global public goods amid the world's fragmentation, driven by its 15th Five-Year Plan. China's initiatives, such as the Belt and Road Initiative, aim to promote development and cooperation with the Global South.
China's provision of global public goods is set to increase as the world faces growing fragmentation. The country's 15th Five-Year Plan prioritizes high-quality development and cooperation with developing nations. China's Global Development Initiative and Belt and Road Initiative have made significant progress, with projects like the China-Europe Railway Express boosting industrialization in host countries. The plan will focus on sustainable development and align with the Global Development Initiative. China's trade platforms, such as the Canton Fair and China International Import Expo, empower trade growth in the Global South. Despite challenges from global governance fragmentation, China remains committed to providing global public goods and deepening South-South cooperation.
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