'Golden key' of development

　　Lasting world peace remains one of humanity's greatest aspirations. For Xi, peace and development are inseparable. He once observed that the tree of peace does not grow on barren land, and the fruit of development is not produced amid flames of war.

　　Given their interlocked relations, Xi insists that advancing sustainable development is the “golden key“ to a secure and stable future.

　　Since assuming China's presidency, Xi has positioned development as a pillar of his vision of building a better future for humankind. His proposed initiatives, notably the Belt and Road Initiative and the Global Development Initiative, serve as bridges to foster common development through broader collaboration.

　　China has provided development aid to over 160 countries, and Belt and Road cooperation has involved more than 150 countries. Under the Global Development Initiative, China has mobilized nearly $20 billion of development funds and launched more than 1,100 projects, fueling growth and modernization drives in many countries, particularly developing ones.

　　“China is sharing its development experience with other countries through its development initiatives, which have helped to promote common development,“ said Straton Habyarimana, a Rwandan economic analyst.

　　“Since these initiatives are people-centered, they address key challenges such as food insecurity and poverty,“ and have helped ease tensions among countries, he added.

　　Update of world order

　　Nestled by the Huangpu River in Shanghai, the New Development Bank was founded by five BRICS countries in 2014 to provide financing support for member countries to bolster transport infrastructure, clean energy and digital infrastructure.