This year marks the 80th anniversary of the founding of the United Nations and the 70th anniversary of the Bandung Conference. In today's world, the profound changes unseen in a century are accelerating, which not only test human wisdom and courage but also make the international community's desire for unity, cooperation and common development even stronger. The Global Development Initiative proposed by China actively advocates multilateralism and supports the core role of the United Nations and other international organizations in promoting global development. By strengthening various forms of international cooperation such as North-South cooperation, South-South cooperation and triangular cooperation, efforts are made to optimize the allocation and efficient use of global development resources, and contribute Chinese strength to achieving the UN's 2030 Sustainable Development Goals. As a Chinese solution to development challenges, the Global Development Initiative has evolved from China's proposition to international consensus, from a cooperation concept to practical actions. It has demonstrated strong vitality and broad prospects in actual operation, injected new impetus and hope into global development, and become an important force in promoting the building of a better world.