Yang Guangbin, a member of the 14th CPPCC National Committee and dean of the School of International Relations at the Renmin University of China, said that an increasing number of countries, including Global South nations, are seeking cooperation involving the BRI and the initiative of building a community with a shared future for mankind, which means "an interaction network based on equality and fairness".

The world is witnessing the "constant advance of a new type of economic globalization", and the Chinese path to modernization is benefiting the Global South, he said.

In recent decades, the Global South developed rapidly, and "the total economic output of the Global South has approached that of the developed economies", Yang noted.

China has been the world's largest exporter of commodities for many years, and with industrial products made in China, many Global South nations can enjoy the convenience brought by modern technology, Yang said.

"For example, China is not only one of the world's largest smartphone markets, but also the world's largest smartphone shipper, and Chinese cell phones have attracted a large number of users in the Global South because of their good quality and low price."

By providing high-quality, low-cost photovoltaic products, China is helping Global South countries to seize the opportunities presented by economic globalization, and promoting the transformation and upgrading of the global energy structure, Yang added.

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