Chinese Vice President Han Zheng reaffirmed Beijing's commitment to fostering a global community of shared development during a high-profile meeting on April 23, 2026, marking five years since President Xi Jinping first proposed the Global Development Initiative (GDI). The remarks came during discussions with international delegates attending the Third High-Level Conference of the Forum on Global Action for Shared Development in Beijing.
Han emphasized China's plan to strengthen multilateral cooperation through concrete actions, including increased investment in development partnerships and priority areas such as green technology. "By scaling up practical collaboration, we can ensure development benefits reach all communities," he stated, highlighting plans to promote sustainable growth models across Global South nations.
Delegates from participating countries praised the GDI's progress since its 2021 launch, with multiple representatives expressing support for China's leadership in addressing development gaps. Several attendees reiterated their adherence to the one-China principle while pledging to deepen policy coordination through bilateral and multilateral channels.
The conference outcomes signal strengthened momentum for South-South cooperation, with participating nations agreeing to establish working groups focused on technology transfer and climate-resilient infrastructure. Analysts suggest these developments could reshape development financing mechanisms ahead of key UN sustainability milestones in 2030.
