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          How China's initiatives are paving a new path to a better world

          Xinhua | Updated: 2025-12-21 21:33
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          Students have lunch in a dining room following the launch ceremony of Nepal Smiling Children Project funded by the Global Development and South-South Cooperation Fund in Kathmandu, Nepal, July 11, 2022. [Photo/Xinhua]

          These alarming facts expose fundamental flaws in global development. Some developed countries have prioritized geopolitical interests over cooperation, exploiting development resources through sanctions, decoupling and aid cuts. In so doing, they have betrayed the universal consensus that the right to development is an inalienable human right.

          An imbalanced global governance structure has long left developing nations at a disadvantage in shaping international rules, while technological blockades and trade barriers continue to widen the development gap.

          Meanwhile, multilateral cooperation mechanisms are increasingly weakened by unilateral actions, leading to a severe shortage of global public goods and a lack of coordinated international responses.

          These issues have not only raised the risk of the 2030 Agenda's failure, but highlighted the urgent need for targeted measures to address global development challenges.

          The GDI, proposed at this crucial time, has gained tremendous global appeal by breaking away from the outdated paradigm in which major powers dominate and smaller nations are forced to depend on them. The initiative also promotes collective action with an attitude of equality and a systematic approach, ensuring that every participant becomes a beneficiary of development.

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