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China's global initiatives deliver tangible results in over 100 countries: Chinese envoy

China

China's global initiatives deliver tangible results in over 100 countries: Chinese envoy
China

China

China's global initiatives deliver tangible results in over 100 countries: Chinese envoy

2026-09-22 20:02 Last Updated At:20:08

China's four global initiatives have moved beyond abstract concepts to deliver solid impacts and tangible benefits to countries around the world, China's permanent representative to the United Nations Fu Cong said.

In an interview with China Global Television Network (CGTN), Fu pushed back against claims that the initiatives are empty concepts designed only to serve China's own interests, offering concrete examples of their implementation.

"Let's take the Global Development Initiative for an example. As we say, we have mobilized 23 billion U.S. dollars in funding, and then we have funded 1,800 projects in over 100 countries. These are concrete products. And actually, I myself have witnessed some of the very successful products like the Juncao. It's quite famous. Juncao is a Chinese term, but actually it's quite famous in the UN already. And I saw with my own eyes how these, what we call the small and beautiful projects, how they are doing in the Global South countries, the countries I visited, Tanzania and Rwanda. They are very much welcomed," he said.

Fu concluded that the initiatives represent China's unique contribution to addressing shared problems and global challenges.

"The four global initiatives are not for China alone. It is global in nature. That is, as we often say, the Chinese solution to the world's problems," he said.

China's global initiatives deliver tangible results in over 100 countries: Chinese envoy

China's global initiatives deliver tangible results in over 100 countries: Chinese envoy

Shanghai Futures Exchange steel contracts closed mixed on Tuesday.

The most-active rebar futures for January 2027 finished the day session at 3,114.00 yuan (about 465.10 U.S. dollars) per tonne, up 0.19 percent from the previous settlement.

The hot-rolled coil futures for January 2027 settled at 3,299.00 yuan (about 492.73 U.S. dollars) per tonne, down 0.18 percent.

Rebar is mainly used in construction for buildings, bridges and infrastructure. Hot-rolled coil is a flat steel product widely used across the manufacturing sector, including in automobiles, home appliances, machinery and pipes.

Both contracts are among the most actively traded steel futures in the world and serve as key price references for the Chinese and global steel markets.

Chinese steel futures close mixed Tuesday

Chinese steel futures close mixed Tuesday

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