Foreign news
China calls for building an open world economy to create better post-COVID world

The World Economic Forum’s (WEF) Global Risks Report warned that economic stagnation is the most serious challenge persisting from the COVID-19 pandemic. However, China is injecting confidence into the world economy with official data released on Monday showing its economy posted stable growth in 2021.
How did the world’s second-largest economy realize growth despite challenges including sporadic epidemic resurgences and a complicated external environment?
Building an open world economy, embracing cooperation against the pandemic and revitalizing global development – the three aspects highlighted in Chinese President Xi Jinping’s speech at the WEF virtual session on Monday – are clues to the answer, as well as the solutions to other major global challenges.
How to promote steady recovery of the world economy?
To promote steady and solid progress in global economic recovery, Xi said that countries should explore new drivers of economic growth, new modes of social life and new pathways for people-to-people exchange.
“We should remove barriers, not erect walls. We should open up, not close off. We should seek integration, not decoupling. This is the way to build an open world economy,” he said.
Major economies should see the world as one community and increase policy transparency, major developed countries should adopt responsible economic policies and manage policy spillovers, and international economic and financial institutions should play their constructive role to prevent systemic risks, he added.
Xi also underlined making generally acceptable and effective rules for artificial intelligence and digital economy, and creating an open, just and non-discriminatory environment for scientific and technological innovation.
Regarding China’s role and efforts during the process, he said that the country will keep pursuing high-quality development, stay committed to reform and opening-up, and welcome all types of capital to operate in China to play a positive role in the country’s development.
“We have every confidence in the future of China’s economy,” he said, highlighting the strong resilience, enormous potential and long-term sustainability of the Chinese economy.
Meanwhile, he underlined that China will not grow its economy at the cost of resource depletion and environmental degradation, and will deliver on its word to achieve carbon peak and carbon neutrality.
How to defeat the pandemic?
“Strong confidence and cooperation represent the only right way to defeat the pandemic,” he said, outlining the solution.
Countries need to cooperate on research and development of medicines, and “fully leverage vaccines as a powerful weapon,” he said, stressing ensuring equitable distribution of vaccines, quickening vaccination and closing the global immunization gap.
China will provide another 1 billion doses to African countries, including 600 million doses as a donation, and donate 150 million doses to members of the Association of Southeast Asian Nations, he announced.
How to promote global development?
The Global Development Initiative is a public good open to the whole world, and China stands ready to work with other countries to jointly put the initiative into concrete actions, Xi said, calling for efforts to bridge the development divide and revitalize global development.
He proposed the initiative – which highlights steering global development toward a new stage of balanced, coordinated and inclusive growth in the face of the severe shocks of the COVID-19 pandemic – in September 2021.
Protectionism, unilateralism, and the practices of hegemony and bullying “run counter to the tide of history,” he warned.
“The right way forward for humanity is peaceful development and win-win cooperation,” he said.
Featured
Financing Health Futures: Nigeria, Ghana, Uganda Turn to Tobacco and Telecom Taxes in Big Push Against Malaria

African leaders, parliamentarians, health experts, and development partners have renewed their commitment to ending malaria by 2030, with a bold call for domestic financing through innovative taxation on tobacco, alcohol, and telecom services to close critical funding gaps.
The discussions took center stage at the Big Push Against Malaria: Harnessing Africa’s Role high-level political engagement in Abuja, where Nigeria, Ghana, and Uganda showcased new homegrown financing strategies aimed at reducing dependence on dwindling donor support.
Africa’s Heavy Burden
Malaria remains one of Africa’s deadliest diseases. In 2023, the world recorded 263 million cases and nearly 600,000 deaths, with 94% of cases and 95% of deaths occurring in Africa. Nigeria alone accounted for 26.6% of global cases and 31% of deaths, according to the World Malaria Report 2024. Children under five remain the most vulnerable, making up 76% of deaths.
Despite progress — with Nigeria cutting malaria deaths by more than half since 2000 through insecticide-treated nets, preventive treatments, and the rollout of the new R21 malaria vaccine — leaders warned that global targets are off-track. The World Health Organization’s technical strategy for malaria (2016–2030) has stalled since 2017, with Africa unlikely to meet its 2025 and 2030 milestones without urgent action.
Taxing for Health Futures
The Nigerian Parliament’s Committee on HIV/AIDS, Tuberculosis, and Malaria (ATM) announced plans to fund malaria elimination through “sin taxes” and telecom levies.
According to the House Chair on ATM, Hon. Linda Ogar, a bill is underway to restructure the National Agency for the Control of AIDS (NACA) into a multi-disease agency that will address HIV, TB, and malaria.
The new financing mechanism proposes:
Taxes on tobacco, alcohol, and other luxury items
Dedicated levies on telecom airtime and mobile money transactions
A percentage of the nation’s consolidated revenue
“These resources will provide sustainable funding to strengthen health systems and accelerate malaria elimination,” Ogar said, stressing that Africa must stop relying solely on foreign donors. “We cannot continue to take two steps forward and five steps backward. Africa must begin to show the world that we are ready to solve our problems ourselves.”
Similar models are already being piloted in Ghana and Uganda, where levies on mobile money and telecoms are being redirected to finance health interventions. The Abuja meeting urged other African countries to adopt this approach as part of a continental framework for sustainable financing.
Leaders Call for Urgent Action
Nigeria’s Minister of State for Health and Social Welfare, Dr. Iziaq Adekunle Salako, emphasized that while malaria is preventable and treatable, it still kills hundreds of thousands yearly due to funding shortfalls, climate change, insecticide resistance, and humanitarian crises.
“To truly defeat this disease, we must rethink, join forces, and mount a concerted ‘Big Push’. Funding gaps remain a major obstacle, and innovative domestic financing is the way forward,” Salako declared.
From the civil society front, grassroots representatives pledged to act as “foot soldiers”, demanding that communities have a seat at the decision-making table. The World Health Organization, Bill & Melinda Gates Foundation, Aliko Dangote Foundation, and other partners reaffirmed support but stressed the need for stronger political will and local ownership.
Private Sector and Global Support
Representing billionaire philanthropist Aliko Dangote, the Nigeria Malaria Council reiterated that private sector investment must complement government financing. Meanwhile, the Global Fund confirmed it has invested nearly $2 billion in Nigeria’s malaria response and committed an additional $500 million for 2024–2026, including support for local production of malaria drugs.
The Gates Foundation’s Uche Anaowu noted that while progress has slowed, malaria remains beatable:
“Smallpox is the only human disease ever eradicated. The question is — can malaria be next? I believe Africa has both the burden and the opportunity to lead the world in making that happen.”
Financing Health Futures: Nigeria, Ghana, Uganda Turn to Tobacco and Telecom Taxes in Big Push Against Malaria
Abuja, Nigeria – African leaders, parliamentarians, health experts, and development partners have renewed their commitment to ending malaria by 2030, with a bold call for domestic financing through innovative taxation on tobacco, alcohol, and telecom services to close critical funding gaps.
The discussions took center stage at the Big Push Against Malaria: Harnessing Africa’s Role high-level political engagement in Abuja, where Nigeria, Ghana, and Uganda showcased new homegrown financing strategies aimed at reducing dependence on dwindling donor support.
Africa’s Heavy Burden
Malaria remains one of Africa’s deadliest diseases. In 2023, the world recorded 263 million cases and nearly 600,000 deaths, with 94% of cases and 95% of deaths occurring in Africa. Nigeria alone accounted for 26.6% of global cases and 31% of deaths, according to the World Malaria Report 2024. Children under five remain the most vulnerable, making up 76% of deaths.
Despite progress — with Nigeria cutting malaria deaths by more than half since 2000 through insecticide-treated nets, preventive treatments, and the rollout of the new R21 malaria vaccine — leaders warned that global targets are off-track. The World Health Organization’s technical strategy for malaria (2016–2030) has stalled since 2017, with Africa unlikely to meet its 2025 and 2030 milestones without urgent action.
Taxing for Health Futures
The Nigerian Parliament’s Committee on HIV/AIDS, Tuberculosis, and Malaria (ATM) announced plans to fund malaria elimination through “sin taxes” and telecom levies.
According to the House Chair on ATM, Hon. Linda Ogar, a bill is underway to restructure the National Agency for the Control of AIDS (NACA) into a multi-disease agency that will address HIV, TB, and malaria.
The new financing mechanism proposes:
Taxes on tobacco, alcohol, and other luxury items
Dedicated levies on telecom airtime and mobile money transactions
A percentage of the nation’s consolidated revenue
“These resources will provide sustainable funding to strengthen health systems and accelerate malaria elimination,” Ogar said, stressing that Africa must stop relying solely on foreign donors. “We cannot continue to take two steps forward and five steps backward. Africa must begin to show the world that we are ready to solve our problems ourselves.”
Similar models are already being piloted in Ghana and Uganda, where levies on mobile money and telecoms are being redirected to finance health interventions. The Abuja meeting urged other African countries to adopt this approach as part of a continental framework for sustainable financing.
Leaders Call for Urgent Action
Nigeria’s Minister of State for Health and Social Welfare, Dr. Iziaq Adekunle Salako, emphasized that while malaria is preventable and treatable, it still kills hundreds of thousands yearly due to funding shortfalls, climate change, insecticide resistance, and humanitarian crises.
“To truly defeat this disease, we must rethink, join forces, and mount a concerted ‘Big Push’. Funding gaps remain a major obstacle, and innovative domestic financing is the way forward,” Salako declared.
From the civil society front, grassroots representatives pledged to act as “foot soldiers”, demanding that communities have a seat at the decision-making table. The World Health Organization, Bill & Melinda Gates Foundation, Aliko Dangote Foundation, and other partners reaffirmed support but stressed the need for stronger political will and local ownership.
Private Sector and Global Support
Representing billionaire philanthropist Aliko Dangote, the Nigeria Malaria Council reiterated that private sector investment must complement government financing. Meanwhile, the Global Fund confirmed it has invested nearly $2 billion in Nigeria’s malaria response and committed an additional $500 million for 2024–2026, including support for local production of malaria drugs.
The Gates Foundation’s Uche Anaowu noted that while progress has slowed, malaria remains beatable:
“Smallpox is the only human disease ever eradicated. The question is — can malaria be next? I believe Africa has both the burden and the opportunity to lead the world in making that happen.”
The Big Push: From Talk to Action
Speakers acknowledged that Africa has hosted too many malaria meetings without concrete outcomes. This time, however, leaders insisted the Abuja gathering must mark a turning point — from dependency to self-reliance.
With Nigeria, Ghana, and Uganda setting the pace on tax-based health financing, the continent now faces the challenge of replicating and scaling up these models.
“Now that Africa is at a critical point, the need for a Big Push against malaria cannot be overemphasized. If we align political will, innovative financing, and community engagement, we can end malaria within our lifetime.”
Nigeria, Ghana, and Uganda are pioneering a shift from donor dependence to domestic revenue mobilization via tobacco, alcohol, and telecom taxes — a model hailed as central to financing Africa’s health futures and ending malaria by 2030
Speakers acknowledged that Africa has hosted too many malaria meetings without concrete outcomes. This time, however, leaders insisted the Abuja gathering must mark a turning point — from dependency to self-reliance.
With Nigeria, Ghana, and Uganda setting the pace on tax-based health financing, the continent now faces the challenge of replicating and scaling up these models.
“Now that Africa is at a critical point, the need for a Big Push against malaria cannot be overemphasized. If we align political will, innovative financing, and community engagement, we can end malaria within our lifetime.”
Nigeria, Ghana, and Uganda are pioneering a shift from donor dependence to domestic revenue mobilization via tobacco, alcohol, and telecom taxes — a model hailed as central to financing Africa’s health futures and ending malaria by 2030
-
Featured6 years ago
Lampard Names New Chelsea Manager
-
Featured5 years ago
FG To Extends Lockdown In FCT, Lagos Ogun states For 7days
-
Featured6 years ago
Children Custody: Court Adjourns Mike Ezuruonye, Wife’s Case To April 7
-
Featured6 years ago
NYSC Dismisses Report Of DG’s Plan To Islamize Benue Orientation Camp
-
Featured4 years ago
Transfer Saga: How Mikel Obi Refused to compensate me After I Linked Him Worth $4m Deal In Kuwait SC – Okafor
-
Sports3 years ago
TINUBU LAMBAST DELE MOMODU
-
News9 months ago
Zulu to Super Eagles B team, President Tinubu is happy with you
-
Featured6 years ago
Board urges FG to establish one-stop rehabilitation centres in 6 geopolitical zones