Abstract:Latin American countries have explored the innovation of financing mechanisms for development that has expanded the channels of financial sources and has diversified the financial cooperation partners around the world. However,the gap of financing for development is too large to be met to achieve the 2030 Sustainable Development Goals. Sino-Latin American financing cooperation has accumulated a large scale of capital pool and has focused on the variety of functional development fields,so that there are favorable conditions for both sides to deepen the cooperation of financing under the framework of the Global Development Initiative. The pattern of Sino-Latin American cooperation of financing should be developmental Functional-Orientated and improve the multilateral and bilateral financing cooperation models and the policy tools,which will make contribution to the supply of public goods. It is evident that there is so much difference in concepts,institutions and policies of financing between China and Latin American countries,and the strategic competition have become fierce in the global financing for development among the major power countries. China insists the correct concept of justice and interest and ensures the safety,sustainability and effectiveness in Sino-Latin American cooperation of Financing for development,which will not only demonstrate the characteristics of China-style international development cooperation,but also raise China’s leading role in the global development governance.
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