Why China-proposed Global Governance Initiative comes at the right time

BEIJING, Sept. 16, (Xinhua/GNA) — China’s newly proposed Global Governance Initiative (GGI), has captured growing attention in recent weeks, with observers hailing it as Beijing’s latest and timely response to pressing global challenges and a call for building a fairer and more inclusive international system.

First unveiled at the Shanghai Cooperation Organization (SCO) summit in Tianjin on Sept. 1, the GGI has since been reiterated by China in bilateral meetings, multilateral forums, diplomatic statements, and most recently at this week’s virtual BRICS summit.

The initiative outlines five core principles: adhering to sovereign equality, abiding by international rule of law, practicing multilateralism, advocating the people-centered approach, and focusing on taking concrete actions.

Analysts believe the launch of the GGI, reflects both the urgency of today’s global challenges and the growing role of emerging markets and Global South countries in international affairs.

Against a backdrop of overlapping crises and rising unilateralism, platforms such as the SCO and BRICS offer natural venues for advancing the initiative and amplifying the voices of the Global South.
GNA