China contributes important forces to the multilateral development system
December 08, 2021 08:48 Source: "China Social Sciences" December 8, 2021 Total 2304 Author: This reporter Wang Xiaozhen

For many years,China adheres to the principle of multilateralism,Dedicated to consolidate the multilateral system,and achieved obvious results。November 18,The Global Development Center in the United States has released a report written by Scott Morris, director of the US Development Policy Project, "Chinese Multilateral Map: China’ s multilateralist map: participation in multilateral development agencies and funds in China "MAPPING China's Multilatoralism: a Data Survey of China's PARTICIPATION in Multilateral Development Institute (Funds)。The report is based on the public data of several multilateral development agencies and funds,clearly depicts China's participation in the multilateral development system。Analysis shows,China has established a unique position in the multilateral development system,At the same time as a shareholder、Discipline、Customers and business partners play an important leader role。

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Report name,In the past bet365 best casino games ten years,China has greatly enhanced the capital contribution of multilateral institutions and funds。China now has the second largest voting rights in its support for the multilateral development bank.,second only to the United States。For ten years,China's voting rights grew the biggest is the International Revitalization Development Bank (IBRD) and International Financial Corporation (IFC), a subsidiary of the World Bank,and regional development banks in Africa and Latin America。When the World Bank's legal seat was restored in 1980,China has obtained 12,000 shares of the International Revival Development Bank,Become its sixth largest shareholder,with 3.47%voting rights; by 2013,China has become the third largest shareholder of the bank,5.03%voting right。This change also reflects the growth of China's influence in the multilateral development system。Although the one -country and one -vote policy of the United Nations system has not linked to the investment level with the votes,But China has become a UN conventional budget、UN peacekeeping and the fifth largest capital -funded in the overall investment of various entities that focus on development。,Asian Infrastructure Investment Bet365 app download Bank (AIIB) and BRICS New Development Bank (NDB) also help China to continuously expand its influence in a wider range of multilateral systems,Both have considerable capital,and China is the largest (or common largest) shareholder。

Report name,The increase in this influence above reflects the growth of China's economy,Because the holding of the International Revival Development Bank and the international financial company is directly related to the economic scale of one country,The allocation fee of the United Nations system depends to a large extent on the economic scale。But,China's influence in some regional development banks is the result of the selection and active winning of Chinese government policy。In the past ten years,China has added support for the development bank preferential financing window (Concessional Financing Window),Especially support for the World Bank International Development Association (IDA)。In addition,China has also added donations to some related funds,It has improved its influence when the equity and voting rights are restricted by regional restrictions。In the past ten years,International Agricultural Development Foundation Bet365 lotto review (IFAD)、The World Food Planning Department (WFP) and the United Nations Children's Foundation (UNICEF) and other institutions have received large voluntary donations from China,It shows the willingness of China to take the initiative to participate in multiple development plans of the United Nations。

  Key customers and business partners

Report display,In addition to the role of the donor country of the multilateral institution,China also maintains the identity of the assisted object and customer。Different from those traditional donor countries that have never participated in these multilateral institutions as customers,China defines a new role for itself。Specifically,China is still one of the biggest borrowers of multilateral development banks,Multilateral Development Bank's total investment in China exceeded $ 5 billion in 2020。

other,China leads the commercial procurement pattern of multilateral development banks。Although only a few multilateral development banks have disclosed the relevant data of its purchasing partner country,But these data indicate,Only 2019,Chinese companies have obtained a contract worth $ 7.4 billion from these institutions,14%of the Bet365 app download total value of the contract。This reflects the tendency of quotation in the procurement rules of multilateral development banks,It also reflects the important position of Chinese companies in the infrastructure field。Contracts from the multilateral development bank,Chinese companies have accumulated rich overseas operating experience。

Report thinks,China's footprints in the multilateral development system are mainly reflected in the five aspects: First, the rules of multilateralism are mainly associated with the degree of equity and contribution with the economic scale,Therefore, the Chinese economy determines its status to a certain extent; the second is,China's voluntary donations of multilateral institutions have increased significantly; third, while China has risen as an investor and shareholders,The Chinese government continues to be ranked among the "big customers" of multilateral institutions; fourth is that China has obtained commercial income from multilateral institutions,Chinese enterprises are among the best in the procurement of multilateral development banks; the fifth is the same as the practice of other big powers,China also seek representative rights in key leadership positions Bet365 app download of the multilateral system。

In recent years,The United States has an unclear attitude towards China to participate in the multilateral system。From Morris,,Washington does not respond to China's unique role in the multilateral development system excessive worry。The United States should further understand the value of China in the multilateral system,Continue to support China with more contributions to the international multilateral system with other countries。If you want to respond to climate change、Global Challenges such as the epidemic of new crown pneumonia,Need China and other countries governments to carry out close cooperation in the multilateral system。

Editor in charge: Chen Jing
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