The "Global South" is not a simple geographical or economic concept, but an identity formed by emerging market countries and developing countries. In recent years, the "global South" has continued to grow and develop, playing a constructive role in promoting the development and evolution of the international order.
The rise of the “Global South” is profoundly rewriting the world economic map. It has increased its international influence and injected new impetus into the process of promoting world multipolarity. The emergence of new players in the " global South" may bring new balancing forces to global finance and trade.