"A multi-polar world can not exist without recognising the status and participation of developing countries"

This quote by Li Peng speaks to the importance of developing nations in a multi-polar world. A multi-polar world is one in which there are multiple centers of power, instead of one dominant power. In order for this to be effective, it is essential that establishing countries are recognized and consisted of in the global system. This means that their status and involvement must be acknowledged and respected. This might consist of supplying them with access to resources, technology, and capital, along with giving them a voice in global decision-making. It is just through this acknowledgment that developing countries can become equivalent partners in a multi-polar world. This will help to guarantee that the global system is more fair and simply, and that all nations can benefit from the chances that a multi-polar world can offer.