By Dr Upendra Gautam I view Chinese President Xi Jinping’s 24 June call on countries all over the world to jointly foster a “new era of global development” as an important actionable initiative. His Global Development Initiative (GDI) features a common virtuous circle that equitably benefits all developing countries. In Nepal’s case, GDI is important as the Constitution of Nepal 2015 has recognized people’s socio-economic rights. The massive list of 31 rights essentially loses its substance in the absence of the enforcement of the fundamental socio-economic rights. Thus, rights to Better Development justice become a core of GDI. In the last five years, Xi’s GDI concept has evolved taking into consideration the first phase real-time implementation experience of the Belt and Road Initiative (BRI) he introduced in 2013. The COVID-19 pandemic and greater geopolitical competition, as well as militarized geo-political expansion and conflict in new regions, impacted China to better and efficiently simplify, cooperate, communicate and coordinate with the developing community aspiring for development with justice, particularly in the post-COVID recovery period. During the difficult COVID period too, China did continue defending economic globalization. It has also been keeping us abreast of the global human civilization that has made progress through killer difficulties. And the history of civilization teaches us that…"when encountering difficulty we should not complain, blame others, or run away from responsibilities.” In January this year, in a virtual Davos, Xi introduced the GDI and called upon all partners to “jointly translate the initiative into concrete actions and make sure that no country is left behind.” Xi elaborated on the essential conditions for GDI at the St. Petersburg International Economic Forum. These conditions are: fostering enabling environment, strengthening partnerships, advancing economic globalization, and pursuing innovation-driven development. A few days after, President Xi addressed the High-level Dialogue on Global Development where he spelt out significant institutional and financial action instruments to implement the GDI and China’s support to identify eight priority GDI tasks including: -Continue support to the UN 2030 Agenda for SDGs - Host a global forum on youth development, and participate in the launch of a global action plan on youth development for the implementation of the UN 2030 Agenda for SDGs -Upgrade the existing South-South Fund to an enlarged Global Development and South-South Cooperation Fund with $4 billion -Increase input to the UN Peace and Development Trust Fund -Work with all sides to deepen global cooperation on poverty reduction and eradication -Build capacity for food production and supply -Promote clean energy partnerships -Set up a global development center and a global knowledge network for development for exchanging international development and governance experience and promoting mutual learning Countries like Nepal are indeed very happy to see that China has started expeditiously establishing and operationalizing the mentioned GDI institutional and financial instruments such as the Global Development and governance Centers. China is not only trying to help out the developing countries but also the UN in its efforts to score successes in its SDGs agenda and secure an environment of security for peace. China’s efforts to help the developing world in food and climate security by managing green technologies and transitioning energy sources are prioritized in the GDI tasks, The GDI provides much-needed timely support to address the immediate challenges that threaten our collective ability to deliver on the UN agenda for SDGs in the remaining eight years’ time. Today, no country can face global challenges alone. A lack of a non-partisan global multi-lateral collaboration pathway is really the barrier to the GDI way. Some early successes are noted in how China’s collaboration with bilateral, multilateral and multi-stakeholder platforms work to implement solutions in the critical fields of i) equitable vaccine access and manufacturing, ii) management of natural resources through green technologies across borders and iii) facilitating the climate and energy transition risks for improving sustainable development outcomes. Nepal has been facing a serious institutional and financial deficiency in rightfully implementing SDGs. The institutional and financial instruments dedicated to priority tasks under the GDI give Nepal a fair opportunity to proactively implement the socio-economic rights of the people recognized in the Constitution. Nepal appreciates China for a “developing together” pathway that cares for the development justice of for the people. Considering readerships' interest, we have reproduced the text of the note presented by the author, General Secretary, China Study Center, Nepal, at a 5 July 2022 webinar on “China’s Global Development Initiative” organized by Cooperation Network for International Exchanges and SIRONET members and partners, a platform for communication and cooperation and Association for Sri Lanka-China Social and Cultural Cooperation.