On May 9, 2022, State Councilor and Foreign Minister Wang Yi attended and addressed the opening ceremony of the High-Level Virtual Meeting of the Group of Friends of the Global Development Initiative (GDI) in Beijing via video link. Wang Yi said that, as the largest developing country, we always stand with other developing countries. We always commit ourselves to turning China’s growth into opportunities for the world. And we always take real actions to build a community with a shared future for mankind.

Wang Yi stressed that China will take a host of practical measures to implement the GDI put forward by President Xi Jinping at an early date, and make new contribution to the global development cause.

First, China will enhance consultation with other emerging markets and developing countries, and hold a high-level meeting on global development at a proper time to discuss ways to promote development.

Second, China will increase input in development, and further ramp up support for the South-South Cooperation Assistance Fund and the China-UN Peace and Development Fund.

Third, China will build on the consensus to establish a pool of GDI projects to be participated by all parties, and seek early harvest. UN agencies and members of the Group of Friends are welcome to put forward project proposals and contribute more wisdom and strength to GDI implementation.

Fourth, China will release a Global Development Report in due time to promote international exchanges and sharing of development knowledge, support countries in exploring development paths suited to their national realities, and jointly enrich human knowledge on development.