Globalization Brings Challenge, Opportunity to Developing Countries

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Last updated at: (Beijing Time) Tuesday, June 25, 2002

Globalization Brings Challenge, Opportunity to Developing Countries

Globalization is both a challenge and an opportunity for developing countries worldwide, China's top legislator Li Peng said Tuesday in Beijing.

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Globalization is both a challenge and an opportunity for developing countries worldwide, China's top legislator Li Peng said Tuesday in Beijing.

In his meeting with former Colombian President Ernesto Samper Pizano, Li, who is chairman of the Standing Committee of the National People's Congress, said the key to the issue is to take advantage of globalization while avoiding its adverse affects.

A multi-polar world is conducive to world peace and efforts should be made to establish a new just and fair international political and economic order, he said.

Samper said there is a danger in Latin America that the gap between the rich and the poor, or between the urban and rural areas is widened in the process of economic globalization. Globalization should not be allowed to sabotage the sovereignty of developing countries, he said.

Samper has made three visits to China, one of which was attending Hong Kong's handover ceremony. He told Li that other developing countries can learn from China's experience.

Li spoke highly of the growing ties between China and Colombia in the areas of science and technology, culture, education and environmental protection.

He said that China, together with Colombia, is ready to make concerted efforts towards mutual lasting, stable and wide-range development and the consolidation of Sino-Colombian ties in the new century.

Samper was in Beijing at the invitation of the Chinese People's Institute of Foreign Affairs.

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