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China's global initiatives point direction for UN 2030 agenda: former EC chief

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China's global initiatives point direction for UN 2030 agenda: former EC chief

2025-02-01 14:35 Last Updated At:15:07

China's initiatives aiming at promoting global development, peace and cultural exchanges have pointed a direction for advancing the UN 2030 agenda, said former President of the European Council Herman Van Rompuy.

In an interview with China Media Group released on Friday, Van Rompuy, who also served as the first president of European Council, said China's global initiatives, namely the Global Development Initiative, the Global Security Initiative, and the Global Civilization Initiative, help complement the key priorities set out in the United Nation's Sustainable Development Goals (SDGs).

"I surely know the three global initiatives proposed by President Xi Jinping, to which Europe also attaches great importance, especially with regard to achieving the sustainable development goals. Realizing sustainable development is also a major goal of the United Nations, however, the question is what should we do in the social, environmental and economic fields to achieve the UN 2030 Agenda? To that end, these initiatives and goals also point a direction for our endeavor. We often talk about the Global South and Global North, for whom these goals are also extremely important. China, like the EU, can make a great contribution to realizing these goals, which is greatly valued by us. We warmly welcome any initiative that will help to realize these major goals," said Van Rompuy.

The three global initiatives aim to address pressing global issues, with the Global Development Initiative pursuing shared growth and sustainable development, the Global Security Initiative providing a framework for achieving common security, and the Global Civilization Initiative promoting equality, mutual learning, and inclusiveness among civilizations.

China's global initiatives point direction for UN 2030 agenda: former EC chief

China's global initiatives point direction for UN 2030 agenda: former EC chief

Hong Kong ranked as the world's top IPO venue in 2025, with record-setting average daily trading volumes and fundraising levels rising sharply from a year earlier, the Hong Kong Exchanges and Clearing Limited (HKEX) announced on Monday.

As of Dec 19, HKEX IPOs raised a total of 274.6 billion Hong Kong dollars (about 35.29 billion U.S. dollars) from 106 new listings, with four companies in the world's top 10 IPOs of 2025. Companies listed on HKEX raised 66 billion U.S. dollars in follow-on offerings, highlighting the vibrancy and depth of Hong Kong's capital markets, the HKEX said.

Data show that for the cash market, average daily turnover in the first 11 months of 2025 reached 230.7 billion Hong Kong dollars, an increase of 43 percent year on year.

Global capital flowed back to Hong Kong in 2025, driven by the "DeepSeek moment," innovative technology initiatives and sweeping market reforms. Since the implementation of Chapter 18A and 18C of the Exchange's Listing Rules, 88 biotech and specialist technology companies have listed on HKEX, reflecting robust investor interest in cutting-edge sectors, the HKEX said.

Hong Kong ranks global first in 2025 IPO market financing

Hong Kong ranks global first in 2025 IPO market financing

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