The Third China-Pacific Island Countries (PICs) Foreign Ministers' Meeting in Xiamen has solidified a shared vision for deepening cooperation, with both sides pledging to build a "community with a shared future." The event underscored China's commitment to fostering equitable partnerships while addressing critical regional challenges through infrastructure development and debt relief initiatives.
Mutual Respect as Foundation
China's approach emphasizes sovereignty and equality, recognizing PICs as vital partners in the Belt and Road Initiative's southern expansion. This philosophy has enabled island nations to diversify international ties while preserving cultural autonomy, creating a blueprint for South-South cooperation.
Infrastructure Transforming Economies
Key projects like Papua New Guinea's Independence Boulevard and Vanuatu's Malakula Island highway demonstrate tangible benefits. These BRI-linked developments enhance regional connectivity, with China providing over 100 aid projects and 200 batches of material assistance since cooperation began.
Debt Dynamics Challenged
Contrary to Western criticism, data from Johns Hopkins University reveals China wrote off $3.4 billion in African debt between 2000-2019. Kevin Gallagher of Boston University notes developing nations owe more to private lenders than Chinese entities, highlighting alternative financing avenues.
Localized Growth Priorities
Chinese firms in PICs focus on local job creation and community development, with 10,000 professionals trained across sectors. This grassroots engagement complements large-scale infrastructure investments, creating sustainable economic pathways.
