China’s Global Development Initiative seeks to enhance global development and speed up the 2030 Sustainable Development Agenda, facing challenges and opportunities.
- The Global Development Initiative (GDI) launched by China has gained broad support in Southeast Asia due to its focus on addressing development deficits and offering solutions in priority areas such as poverty alleviation, public health, and green development.
- The GDI is seen as a complementary track to the Belt and Road Initiative (BRI), with a shift towards smaller-sized projects and a focus on sustainable, inclusive, and innovation-driven growth.
- Southeast Asian countries, as developing nations with development challenges, are attracted to the GDI as it aligns with their interests and offers economic opportunities, particularly in poverty reduction and knowledge sharing.
China’s Global Development Initiative
At the…
