China said on Sunday it will help developing nations implement the UN's 2030 Sustainable Development Goals (SDGs).
Chinese Ambassador to Kenya Liu Xianfa told a UN forum in Nairobi that SDGs have come at a right time as they will ensure an end to poverty by the year 2030.
"China stands ready to assist all developing nations for the mutual benefit of a new world economic order," Liu said during the 14th Ministerial Meeting of the Group of 77 and China taking place on the sidelines of the UN Conference on Trade and Development (UNCTAD).
Liu noted that the world economy is currently undergoing a restructuring against a background of widening wealth gap between developed and developing countries.
"It is therefore important that we reinforce solidarity among the developing countries by building on the current momentum of economic growth in the developing nations," he said.
The envoy noted that global cooperation is possible despite the different national interests. "Peaceful co-existence calls for mutual cooperation in all spheres of human life," he noted.
The Chinese official urged developed countries to honor their Overseas Development Assistance commitments they have made to developing nations.
The Vice-Chair of the Group of 77 and China, Geneva Chapter John Mwijage said the global economic order should ensure that developing nations also benefit from globalization.
"The global economy remains unbalanced and this makes it difficult for the developing nations to lift its citizens out of poverty," he added.
Mwijage, who is also Tanzania's Minister of Industry, Trade and Investment, said developing nations need to work together in order to secure larger policy in the global arena.
UNCTAD Deputy Secretary General Joakim Reiter said UNCTAD was established by developing countries for the developing countries.
"So UNCTAD must play a key role in addressing the challenges that developing nations face," he said.
