China and UN enter new era 75 years on (4)

China and UN reform

Liu Jieyi (left), then China's permanent representative to the UN, shakes hands with Edmond Mulet, the UN secretary-general's chef de cabinet, after signing an agreement covering a contribution of 200 million dollars from China to the UN to finance activities relating to peace, security and development, at UN headquarters in New York, May 6, 2016. [Photo/Xinhua]

China supports Secretary-General Antonio Guterres' efforts to reform the UN system in the areas of peace and security, economic development and internal management. The reform should be led by member states and give full consideration to the concerns of developing members.

Stable and predictable funding is crucial to keep the UN running. China believes that the "capacity to pay" principle should be upheld and calls on member states to pay their assessments for both regular budget and peacekeeping operations on time and in full.

Since 2019, China has become the second largest contributor to the UN's regular and peacekeeping budgets and will continue to fulfill its financial obligations.

In 2015, a China-UN Peace and Development Fund was established, marking China's strong support for multilateralism and for the UN. Since its launch, the fund has financed about 100 projects and become a new platform for China-UN cooperation.