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Those at the meeting also decided that the inclusive credit loan support program will be extended from the end of this year as appropriate. Concessional financial support at 40 percent of the loan principal will continue to be given to eligible local banks for their issuance of inclusive credit loans to micro and small enterprises.

The fair also offers other activities, including a forum on sustainable development of specific industries in regions that have shaken off poverty, as well as a digital countryside development forum.

Second, we need to improve the governance architecture for economic globalization. We should firmly safeguard the rules-based multilateral trading system that is transparent, nondiscriminatory, open and inclusive, and support the reform of the WTO to enhance its effectiveness and authority. We should promote free trade, oppose unilateralism and protectionism, uphold fair competition, and protect the development rights, interests and space of developing countries. We should continue the reform of the international financial system, conclude the IMF’s 16th General Quota Review on schedule, expand the role of the Special Drawing Rights, buttress the global financial safety net, and raise the representation and voice of developing countries. We should also address the challenges to economic globalization head-on, and make it more open, inclusive, balanced and beneficial to all.

They said that the CPC is a sincere friend of countries in West Asia and North Africa and they are willing to actively exchange governance and development experience with the CPC, so as to further consolidate the profound two-way friendship.