CIDCA vice-chairman addresses sub-forum on sustainable development at 2nd high-level conference of Forum on Global Action for Shared Development

The second high-level conference of the Forum on Global Action for Shared Development was held from July 11 to 13 in Beijing.

The Untied Nations China office hosted a sub-forum with the theme of "dialogue on innovative approaches to accelerating sustainable development –country, regional and global actions for a better future" on July 12. Zhao Fengtao, vice-chairman of the China International Development Cooperation Agency (CIDCA), addressed the session.

In his address, Zhao pointed out that the Global Development Initiative (GDI), a contribution of China based on its own development experience, is consistent with the UN 2030 Agenda for Sustainable Development in both core ideas and goals, and complementary in governance logic, serving as a catalyst and accelerator for the implementation of the Sustainable Development Goals. Since the GDI was put forward more than two years ago, China has worked with all involved parties to uphold the true spirit of development, forge genuine partnerships, pool resources and initiate actions for development, achieving fruitful practical cooperation, he said.

Zhao noted that China is ready to use the forum as an opportunity to align with the UN's Summit of the Future, pursue extensive consultation and joint contributions, and enhance synergy with the major development strategies of other countries and regions to deliver more outcomes beneficial to people's well-being, pledging to mobilize the participation of multiple entities, innovate cooperation models, and ensure that limited development resources achieve maximum effectiveness in key areas.

He also called for seizing the historic opportunity presented by the new round of scientific and technological revolution and industrial transformation to deepen cooperation in areas such as the new type of industrialization and artificial intelligence. True multilateralism should be upheld in order to achieve the Sustainable Development Goals and build a global community for common development on schedule, he concluded.

The sub-forum attracted nearly 300 participants, including government officials from various countries, representatives of international organizations, foreign ambassadors to China, representatives of financial institutions, experts and scholars.