China releases white paper on global governance

China released a white paper titled "More Just and Equitable Global Governance: China's Principles, Proposals and Actions" on Wednesday.

Foreign Minister Wang Yi said at a news conference held by the State Council Information Office in Beijing that the white paper aims to offer a comprehensive account of China's ideas and actions in promoting global governance.

Wang noted that the Global Governance Initiative proposed by President Xi Jinping has received broad support from nearly 160 countries and international organizations. More than 60 countries have joined the Group of Friends of Global Governance. China will host the first Xiong'an Global Governance Forum this autumn.

Officials also highlighted measures in artificial intelligence and poverty reduction, including plans to host the 2026 World AI Conference in Shanghai in July and increasing the Global Development and South-South Cooperation Fund to $4 billion.

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