Wang Wen: Why the World Needs Direction More Than Power
Wang Wen, dean of the Chongyang Institute for Financial Studies, argues that the world lacks direction and explains how the Global Development Initiative promotes shared development.
News & Insights Across Asia
Wang Wen, dean of the Chongyang Institute for Financial Studies, argues that the world lacks direction and explains how the Global Development Initiative promotes shared development.
China pledges expanded global development partnerships through its 5-year-old Global Development Initiative, reinforcing multilateral cooperation at key international forum.
China convenes global leaders to discuss GDI progress and future strategies, emphasizing sustainable growth and digital innovation.
China’s Global Development Initiative gains momentum during 2026 Two Sessions, offering new models for international cooperation and equitable growth.
As the G20 convenes in Africa for the first time, China’s role in fostering Global South partnerships takes center stage amid calls for equitable development.
China pledges 2,000 new ‘small and beautiful’ development projects under Global Development Initiative, boosting sustainable growth and South-South cooperation.
UN Secretary-General Antonio Guterres commended China’s role in advancing global development through the GDI, highlighting new projects and multilateral cooperation efforts.
China is advancing global governance reform and promoting common development through initiatives like the Belt and Road Initiative and Global Development Initiative, as highlighted at the G20 Summit.
Three years on, China’s Global Development Initiative continues to foster international cooperation, as highlighted at the recent Forum on China-Africa Cooperation Summit in Beijing.
The Global Development Initiative, proposed by President Xi Jinping, addresses urgent global challenges by fostering inclusive growth and cooperation. Discover why this initiative is crucial today.