Beijing Review

Refocusing On Development

The global economy is struggling to recover. The COVID-19 pandemic is eroding decades of gains in global development, international development cooperation lacks drive, the North-South gap continues to widen, crises are emerging in food and energy security, and the implementation of the UN 2030 Agenda for Sustainable Development is encountering new difficulties.

At the same time, development remains as important as ever and all countries, especially developing ones, aspire to step up the implementation of the 2030 Agenda. Emerging markets and developing countries are more resolved to seek strength through unity, and the new round of scientific and technological revolution and industrial transformation is bringing more opportunities.

Against this backdrop, President Xi Jinping proposed the Global Development Initiative (GDI) at the general debate of the

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