As Chinese President Xi Jinping has said, "To meet people's desire for a happy life is our mission." The people-centered approach, embodied in Xi's economic thought widely known as "Xiconomics," is charting course for China's high-quality growth and common development of all nations through win-win cooperation.
To this end, I would like to propose a Global Development Initiative," Xi said via video at the general debate of the 76th session of the UN General Assembly in September 2021.
The late autumn of 2015 beheld a memorable occasion in Chinese history: At the Fifth Plenary Session of the 18th Communist Party of China Central Committee, Chinese President Xi Jinping put forward a new development philosophy featuring innovative, coordinated, green, open and shared growth, setting in motion a profound reform of China's economic development.