[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-110104-en":3,"doc-seo-110104-105":31,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},110104,687197100911,"Himbo","https://ap-avatar.wpscdn.com/avatar/a000239b6f1da00475?x-image-process=image/resize,m_fixed,w_180,h_180&k=1785132997149421697",8,"Research & Report","Statement by Dongwei Wang - 107th Meeting of the Development Committee - April 12, 2023 - Beijing’s Remarks","Statement by Dongwei Wang, Vice Minister of China’s Ministry of Finance, delivered on behalf of the People’s Republic of China at the 107th Meeting of the Development Committee (Washington, DC, April 12, 2023). The remarks address global instability, development gaps, and poverty pressures, welcoming the World Bank Group’s updated vision and mission and proposing directions on the “Twin Goals”, expanded global challenges, and refined monitoring indicators. It further calls for client-led, demand-driven operating improvements, incentives for global public goods, stronger internal coordination, and financial-model measures to close development financing gaps.","Public Disclosure Authorized Public Disclosure Authorized  \nDEVELOPMENT COMMITTEE  \n(Joint Ministerial Committee  \nof the  \nBoards of Governors ofthe Bank and the Fund  \non the  \nTransfer of Real Resources to Developing Countries)  \nONE HUNDRED AND SEVENTH MEETING WASHINGTON, DC – APRIL 12, 2023  \nDC/S/2023-0012 April 12, 2023  \nStatement by  \nDongwei Wang  \nVice Minister, Ministry of Finance  \non behalf of  \nPeople’s Republic of China  \nStatement by  \nDongwei Wang  \nVice Minister, Ministry of Finance  \non behalf of  \nPeople’s Republic of China  \n107th Meeting of the Development Committee  \nApril 12, 2023  \nWashington, DC  \nThe world is facing unprecedented changes in a century, with instability, uncertainty and unpredictability becoming the norm, multiple challenges and crises overlapping, the ecological environment continuing to deteriorate, a large increase in the number of people returning to poverty, and a widening development gap. Unparalleled challenges stand in the way of global poverty reduction and development. In such context, Chinese President Xi Jinping proposed the Global Development Initiative (GDI), advocating the importance of prioritizing development and putting people at the center, and calling on all parties to always keep in mind the difficulties faced by developing countries, and address their concerns. As the world's largest and most influential multilateral development institution, the World Bank Group (WBG) should adapt to the changes of the times, enhance its mission and capacity through the evolution process, so as to help member countries address development challenges, enhance development resilience and fill development gaps.  \nChina commends the efforts of the Board of Directors and the Management to advance the evolution, appreciates the hard work of President Malpas during his tenure, and looks forward to a comprehensive and balanced package of results on the reform at the annual meeting in Marrakech in October this year to build a \"bigger, better and stronger\" WBG.  \nI. Enhancing the vision and mission to facilitate strong growth and sustainable development  \nThe WBG's long-standing practice proves that strong growth is a prerequisite for poverty reduction and development. Today, the negative impact of global challenges on the world economy is increasingly prominent, and countries are paying a huge economic and human cost. The nexus between growth, development and global challenges has become an issue of the times that the WBG cannot avoid. In this regard, China welcomes the updated vision and mission of the WBG \"to end extreme poverty and boost shared prosperity by fostering sustainable, resilient, and inclusive development \", which provides a clear direction for future actions under the new circumstances. With regard to the vision and mission, China would like to emphasize the following points:  \nFirst, the evolution ofthe WBG should aim to better serve the “Twin Goals”. The objective of addressing global challenges is to help developing countries achieve economic transformation, restore strong growth, which will contribute to reducing poverty in a faster pace. To this end, the WBG should meet various development needs of its members at different developing stages. Addressing global challenges should not dilute the WBG's investment in traditional development areas for growth and poverty reduction, and these two should not be an either-or substitution.  \nSecond, the scope of global challenges should be further expanded. In addition to the three priority areas of climate change, pandemic and health security, fragility and conflict, food and energy security, digitalization and other issues of developing countries’ concern should also be recognized.  \nThird, the monitoring indicator system should be appropriately developed. To better monitor the implementation of the vision and mission, the core indicators should not only highlight relevance and  \nrepresentativeness, but also reflect the WBG's co","cbCaieClk0qicZiz","https://ap.wps.com/l/cbCaieClk0qicZiz","pdf",150339,2,1,4,"English","en",105,"# Enhancing the vision and mission\n## Aligning with the “Twin Goals”\n## Expanding the scope of global challenges\n## Developing monitoring indicators\n# Improving the operational model\n## Maintaining the country engagement foundation\n## Following client-led and demand-driven principles\n## Building incentives and avoiding excessive conditionalities\n## Operationalizing the One-WBG approach\n# Optimizing the financial model\n## Bridging the development financing gap","[{\"question\":\"What challenges does the statement highlight as barriers to global poverty reduction?\",\"answer\":\"It points to unprecedented global instability, overlapping crises, environmental deterioration, more people returning to poverty, and a widening development gap that together hinder poverty reduction and development efforts.\"},{\"question\":\"How does the statement evaluate the World Bank Group’s updated vision and mission?\",\"answer\":\"It welcomes the updated vision and mission and emphasizes clearer direction for future action, including better alignment with the “Twin Goals”, expanded coverage of global challenges, and an appropriately developed monitoring indicator system.\"},{\"question\":\"What operational and partnership actions does China support for strengthening the World Bank Group’s capability?\",\"answer\":\"It supports a client country-led, demand-driven approach, stronger internal coordination and synergies, deeper external partnerships, mobilizing private sector engagement, and proactive participation in international development initiatives such as the Belt and Road Initiative and the GDI.\"}]","Statement by Dongwei Wang - 107th Meeting of the Development Committee - April 12, 2023 - Beijing’s Remarks | PDF",1784483918,10,{"code":4,"msg":32,"data":33},"ok",{"site_id":25,"language":24,"slug":34,"title":13,"keywords":35,"description":14,"schema_data":36,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":29},"statement-by-dongwei-wang-107th-meeting-of-the-development-committee-april-12-2023-beijings-remarks","",{"@graph":37,"@context":85},[38,53,68],{"@type":39,"itemListElement":40},"BreadcrumbList",[41,45,48,51],{"item":42,"name":43,"@type":44,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":46,"name":47,"@type":44,"position":20},"https://docshare.wps.com/document/","Document",{"item":49,"name":12,"@type":44,"position":50},"https://docshare.wps.com/document/research-report/",3,{"item":52,"name":13,"@type":44,"position":22},"https://docshare.wps.com/document/statement-by-dongwei-wang-107th-meeting-of-the-development-committee-april-12-2023-beijings-remarks/110104/",{"url":52,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":24,"description":14,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":42,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-29","2026-07-19",true,{"@type":65,"interactionType":66,"userInteractionCount":20},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"What challenges does the statement highlight as barriers to global poverty reduction?","Question",{"text":75,"@type":76},"It points to unprecedented global instability, overlapping crises, environmental deterioration, more people returning to poverty, and a widening development gap that together hinder poverty reduction and development efforts.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"How does the statement evaluate the World Bank Group’s updated vision and mission?",{"text":80,"@type":76},"It welcomes the updated vision and mission and emphasizes clearer direction for future action, including better alignment with the “Twin Goals”, expanded coverage of global challenges, and an appropriately developed monitoring indicator system.",{"name":82,"@type":73,"acceptedAnswer":83},"What operational and partnership actions does China support for strengthening the World Bank Group’s capability?",{"text":84,"@type":76},"It supports a client country-led, demand-driven approach, stronger internal coordination and synergies, deeper external partnerships, mobilizing private sector engagement, and proactive participation in international development initiatives such as the Belt and Road Initiative and the GDI.","https://schema.org",{"og:url":52,"og:type":87,"og:title":13,"og:site_name":58,"og:description":14},"article",{"robots":89,"canonical":52},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":92},[93,97,101,105,110,115,120,123,128,131,134],{"id":21,"doc_module":4,"doc_module_name":47,"category_name":94,"show_sort_weight":95,"slug":96},"Story & Novel",90,"story-novel",{"id":20,"doc_module":4,"doc_module_name":47,"category_name":98,"show_sort_weight":99,"slug":100},"Literature",80,"literature",{"id":22,"doc_module":4,"doc_module_name":47,"category_name":102,"show_sort_weight":103,"slug":104},"Exam",70,"exam",{"id":106,"doc_module":4,"doc_module_name":47,"category_name":107,"show_sort_weight":108,"slug":109},5,"Comic",60,"comic",{"id":111,"doc_module":4,"doc_module_name":47,"category_name":112,"show_sort_weight":113,"slug":114},6,"Technology",50,"technology",{"id":116,"doc_module":4,"doc_module_name":47,"category_name":117,"show_sort_weight":118,"slug":119},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":47,"category_name":12,"show_sort_weight":121,"slug":122},30,"research-report",{"id":124,"doc_module":4,"doc_module_name":47,"category_name":125,"show_sort_weight":126,"slug":127},9,"Religion & Spirituality",20,"religion-spirituality",{"id":126,"doc_module":4,"doc_module_name":47,"category_name":129,"show_sort_weight":126,"slug":130},"World Cup","world-cup",{"id":30,"doc_module":4,"doc_module_name":47,"category_name":132,"show_sort_weight":30,"slug":133},"Lifestyle","lifestyle",{"id":135,"doc_module":4,"doc_module_name":47,"category_name":136,"show_sort_weight":106,"slug":137},19,"General","general"]