Xi Jinping Meets with President of the New Development Bank Dilma Rousseff

On the evening of October 19, 2023, President Xi Jinping with President of the New Development Bank Dilma Rousseff at the Great Hall of the People.

Recalling the birth of the New Development Bank which he and President Dilma Rousseff jointly witnessed in 2014 in Brazil, Xi Jinping pointed out that the bank has made remarkable achievements and grown from strength to strength in recent years. He noted that the world today is facing intertwined risks and crises. As an important emerging force in the international financial system, the New Development Bank should play its due role, and build itself into a new-type multilateral development institution in the 21st century that works to make the international financial system fairer and more equitable and effectively enhance the representation and say of emerging markets and developing countries. China welcomes the New Development Bank’s participation in the Belt and Road Initiative and the Global Development Initiative and its contribution to the implementation of the United Nations 2030 Agenda for Sustainable Development to help more developing countries realize modernization. China will, as always, support the New Development Bank's work, and provide support to President Rousseff in carrying out her duty in China.

Rousseff said that she is very glad to attend the third Belt and Road Forum for International Cooperation. Under the current international circumstances, all countries in the world need to take concerted actions to respond to common challenges. Strengthening infrastructure development and connectivity is of crucial importance for developing countries to realize common development. No other initiatives in human history have ever brought more than 150 countries together like the BRI does. The BRI and this Forum will play an important role in global sustainable development and green development. Rousseff thanked the Chinese government for greatly supporting the New Development Bank's work, noting that bank has shared purpose and ideals as the BRI, and is ready to actively participate in the Belt and Road cooperation and make due contributions to a multi-polar world and the reform of the international financial system.

Cai Qi and Wang Yi were present at the meeting.