The world should hear the call from the developing and the most underdeveloped nations, increase input to the development problems, and give more say and representation to the developing nations in the international financial system so as to push forward a balanced and prosperous world economy, he said.

Wu Bangguo (4th R, Front), chairman of the Standing Committee of China's National People's Congress (NPC), poses for a group photo with other participants of the third World Conference of Speakers of Parliament held in Geneva, Switzerland, July 19, 2010. [Zhang Duo/Xinhua]

Wu also urged developed nations to honor their own commitments on assistance, open market and debt relief, and help developing nations to improve their own capacities for development.

For developing countries, Wu said they should combine their domestic situations with the world advanced civilization to find out the way to improve the economy and eradicate poverty, so as to expand trade cooperation, upgrade the south-south cooperation as an effort to realize the MDGs.

Wu said safeguarding peace is the guarantee to realize the MDGs. He noted all nations should observe the principles and purposes of the United Nations charter, and adhere to the new security concept of mutual trust and benefit, equality and coordination, properly handle disputes and regional issues by peaceful means.

On the domestic situation, Wu said China, as the largest developing nation of the world, has pursued the way of peace and development, adopted the state policy of gender equality, resource conservation and environmental protection, and has taken actual actions to push forward the implementation of the MDGs.

China also offer assistance to other developing nations within its capacity. China advocated to build up cooperation forums with Africa, the Arabian nations, the Association of Southeast Asian Nations (ASEAN), and the Pacific islands nations.

China relieved debts of 50 poor nations and gradually offered zero-tariff treatment to 95 percent commodities of the most underdeveloped countries in Africa which have diplomatic ties with China.

Facing the negative impact of the world financial turmoil in 2008, China contributed more than 20 percent to the world economy growth.

"The NPC would like to work with other parliaments of the world to cope with the challenges and realize the MDGs to build up a harmonious world with lasting peace and common prosperity at the platform of the Inter-Parliamentary Union (IPU)," Wu said.

The first World Conference of Speakers of Parliament was organized in 2000 by the IPU and the UN in New York.

Wu arrived in Geneva on Sunday afternoon to attend the third World Conference of Speakers of Parliament. Switzerland is Wu's final leg of a three-nation visit which has taken him to France and Serbia.