SANTA CRUZ, June 16 (Xinhua) -- The Group of 77 (G77) plus China summit concluded Sunday in the eastern Bolivian city of Santa Cruz with the adoption of a declaration calling for a new world order that is equitable, stable and peaceful.
The Santa Cruz declaration underlined their commitment to reducing poverty and inequality, fostering sustainable development, protecting sovereignty over natural resources and promoting fair trade.
With the theme of "New World Order for Living Well," the two-day summit also marks the 50th anniversary of the establishment of the G77, which has grown into a coalition of 133 UN developing member states.
UN Secretary-General Ban Ki-moon said at the summit that the G77 has enabled the Southern Hemisphere to speak with a common voice.
"Acting together, member states can eradicate extreme poverty and provide opportunity for all within the finite bounds of our planet's resources," Ban said.
More than 100 delegations of the G77 block attended the summit, presided over by Bolivian President Evo Morales.
Morales said that the G77 will follow a sustainable development paradigm that seeks not only balance between human beings but also balance between man and nature.
In the Santa Cruz declaration, the G77 also underlined its pledge to strive for a fair world order that would better meet the needs of developing countries.
Poverty was another issue on top of the summit's agenda. The G77 has proposed a new goal to eradicate extreme poverty within its member states by 2030.
Chen Zhu, a vice chairman of the Standing Committee of the National People's Congress of China, attended the summit as a special envoy of Chinese President Xi Jinping.
Chen pledged that China will strengthen coordination and cooperation with the G77 to promote common development and prosperity.
At the conclusion of the summit, Le Hoai Trung, Vietnam's permanent representative to the UN, claimed that China operated a drilling rig "in the exclusive economic zone of Vietnam" and sent warships to drive away Vietnamese vessels, which "infringed Vietnam's sovereignty and territorial integrity."
The Vietnamese official even demanded his claim be incorporated into the declaration.
Rebutting Vietnam's groundless accusations, La Yifan, a deputy director-general of the Chinese Foreign Ministry's International Organizations and Conferences Department, said Xisha Islands are an integral part of Chinese territory under effective jurisdiction of the Chinese government.
He emphasized that all the successive Vietnamese governments prior to 1974 had formally acknowledged Xisha Islands as part of China's territory since ancient times.
Participants in the summit rejected the unjustified demand of Vietnam.
The G77, the largest intergovernmental organization of developing countries, is aimed at promoting collective economic interests and gaining leverage within the international community.