China is the largest developing country in the world.
Since its founding in 1949, the People's Republic of China has always demonstrated a spirit of internationalism and humanitarianism following and supporting other developing countries' efforts to improve their people's lives and achieve development. From the outset, even though China was itself short of funds, it started offering assistance to needy countries in support of their fight for national independence and liberation, and their effort to promote economic and social development, which laid a solid foundation for long-term friendship and cooperation with those countries. After launching reform and opening up in 1978, China has provided other developing economies with even more aid in more diverse forms to boost common development.
China entered a new era after the 18th National Congress of the Communist Party of China (CPC) in 2012. China is committed to pursuing the greater good and shared interests, and upholding the principles of sincerity, real results, affinity, and good faith for developing relations with other developing countries and the principles of amity, sincerity, mutual benefit, and inclusiveness for expanding relations with neighboring countries. In response to the call of the times, China has been upgrading its foreign assistance to a model of international development cooperation, taking on new initiatives and achieving greater results in this new era.
The Chinese government is publishing this white paper to introduce China's views on international development cooperation in the new era, the actions it has taken, and its plans for the future.
Read the Full text: China's International Development Cooperation in the New Era