Global Governance Forum Focuses on New Rights and Duties of Developing Countries

17 Dec 2012

The 2012 High-Level Policy Forum on Global Governance was today held at the Diaoyutai State Guesthouse, with experts from four continents coming together to consider new roles for developing countries in international affairs. Co-hosted by the United Nations Development Programme and China Centre for International Economic Exchanges, the event also focused on China’s role in the evolving architecture of global governance.

“As one of the emerging powers benefiting from the established world economic trading system, China has an important role to play in improving global governance and strengthening the global rule of law,” said UN Under-Secretary-General Rebeca Grynspan.

Ms. Grynspan's remarks came during the opening ceremony of the forum, in which she described an increasingly interconnected world where political coordination has not kept pace with economic globalisation.

“Many dimensions of global governance today are suffering a legitimacy crisis due to democratic deficits at a time when the number of global problems requiring international cooperative solutions has expanded much faster than the capacity for international organisations to deal effectively with them,” said Ms. Grynspan.

The event focused on the future of global governance, with some of China’s most renowned thinkers in the field of international politics joining the debate on how developing countries can increase their influence within international organisations. At the same time a series of panel discussions highlighted the need to fulfil the responsibilities that come with a stronger voice, and explored further opportunities for China to become a champion for developing countries.

“China’s size and great diversity enable it to understand global problems from different perspectives,” said Ms. Grynspan. “The fact that some regions now rival developed nations while others are still battling poverty makes it an important partner for bridging gaps between developed and developing countries.”

Ms. Grynspan was one of a number of high level participants at the forum, including former Chinese Vice-Premier and Chairman of the China Centre for International Economic Exchanges, Mr. Zeng Peiyan – who opened the Forum; Mr. Zhu Zhixin, Vice Minister of the National Development and Reform Commission, Mr. Ma Zhaoxu, Assistant Foreign Minister, and Mr. Hu Huaibang Chairman of the Bank of Communications.

The Global Governance Forum is the first of a series of events scheduled to be held in China on the topic of global governance and is intended to generate fresh thinking and stimulate exchanges on how countries can collaborate more effectively on issues that go beyond national borders. A Policy Report will be compiled based on the key outcomes from the forum and will be published in Chinese and English early next year. It is hoped that it can serve as useful input for international and Chinese policy makers to draw from.