On the evening of June 24, 2022, President Xi Jinping chaired the High-level Dialogue on Global Development in Beijing via video, where he delivered an important speech.

In his speech, President Xi pointed out that China has always been a member of the big family of developing countries. It will take pragmatic steps to give continued support to the 2030 Agenda for Sustainable Development and allocate more resources for global development cooperation. China will also upgrade the South-South Cooperation Assistance Fund to a Global Development and South-South Cooperation Fund, and increase input to the UN Peace and Development Trust Fund. Such efforts will further support cooperation under the GDI.

In addition, China will work with all sides to advance cooperation in priority areas and mobilize resources for development to deepen global cooperation on poverty reduction and eradication, build capacity for food production and supply, and promote clean energy partnerships; step up innovation,research and development and joint production of vaccines; work on the conservation and sustainable use of land and marine ecology; and raise digital literacy and skills of the public, transform and upgrade the path to industrialization at a faster pace, and enhance digital-era connectivity to inject new impetus into the development of all countries.

China will set up a platform for experience and knowledge sharing on international development, a global development promotion center and a global knowledge network for development, for the purpose of exchanging governance experience and promoting mutual learning. It will host a global forum on youth development and take part in the launch of a global action plan on youth development, in a bid to pool as much strength as possible for the implementation of the 2030 Agenda for Sustainable Development.