Xi Jinping. Bolstering confidence and jointly overcoming difficulties to build a better world. Statement at the General Debate of the 76th Session of the United Nations General Assembly. 21 September 2021. Selection.

Development holds the key to people’s well-being. Facing the severe shocks of COVID-19, we need to work together to steer global development toward a new stage of balanced, coordinated and inclusive growth. To this end, I would like to propose a Global Development Initiative.

– Staying committed to development as a priority. We need to put development high on the global macro policy agenda, strengthen policy coordination among major economies, and ensure policy continuity, consistency and sustainability. We need to foster global development partnerships that are more equal and balanced, forge greater synergy among multilateral development cooperation processes, and speed up the implementation of the UN 2030 Agenda for Sustainable Development.

– Staying committed to a people-centered approach. We should safeguard and improve people’s livelihoods and protect and promote human rights through development, and make sure that development is for the people and by the people, and that its fruits are shared among the people. We should continue our work so that the people will have a greater sense of happiness, benefit and security, and achieve well-rounded development.

– Staying committed to benefits for all. We should care about the special needs of developing countries. We may employ such means as debt suspension and development aid to help developing countries, particularly vulnerable ones facing exceptional difficulties, with emphasis on addressing unbalanced and inadequate development among and within countries.

– Staying committed to innovation-driven development. We need to seize the historic opportunities created by the latest round of technological revolution and industrial transformation, redouble efforts to harness technological achievements to boost productivity, and foster an open, fair, equitable and non-discriminatory environment for the development of science and technology. We should foster new growth drivers in the post-COVID era and jointly achieve leapfrog development.

– Staying committed to harmony between man and nature. We need to improve global environmental governance, actively respond to climate change and create a community of life for man and nature. We need to accelerate transition to a green and low-carbon economy and achieve green recovery and development. China will strive to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060. This requires tremendous hard work, and we will make every effort to meet these goals. China will step up support for other developing countries in developing green and low-carbon energy, and will not build new coal-fired power projects abroad.

– Staying committed to results-oriented actions. We need to increase input in development, advance on a priority basis cooperation on poverty alleviation, food security, COVID-19 response and vaccines, development financing, climate change and green development, industrialization, digital economy and connectivity, among other areas, and accelerate implementation of the UN 2030 Agenda for Sustainable Development, so as to build a global community of development with a shared future. China has pledged an additional three billion US dollars of international assistance in the next three years to support developing countries in responding to COVID-19 and promoting economic and social recovery.