The global development initiative conforms to the theme of the times of peace and development, faces the prominent problems facing the development of the world today, reflects the strong desire of people all over the world to promote development and seek happiness, is an important innovation in global development theory, and provides action guidelines and ideological impetus for countries to focus on development, unite for development and common development. Define the value orientation of global development. The global development initiative adheres to the people-centered concept of development, and advocates that development is for the people, depends on the people, and the development achievements are shared by the people, which truly reflects the core values of development. Whether a development idea, development path, development model and development system are good or not depends on its practical effect and the satisfaction of the people. The global development initiative advocates ensuring and improving people's livelihood in the process of development, protecting and promoting human rights, continuously enhancing people's sense of gain, happiness and security, and achieving all-round human development. As a standard for evaluating development value, the global development initiative has made the development goals more specific, realistic and operational. In theory, it has achieved the combination of objective effects and subjective feelings, and helped to bring tangible benefits to development. The global development initiative adheres to the organic unity of individual interests and collective interests, national interests and the common interests of all mankind. It will not let any country fall behind and is committed to the common development of all countries and nations. Focusing on the comprehensive and sustainable development of human beings, the global development initiative adheres to the ecological philosophy of dialectical unity between human beings and nature, and takes the harmonious coexistence between human beings and nature as the value that development should pursue. In history, with the rise of capitalist mode of production, the conflict between man and nature has intensified, causing an increasingly severe ecological crisis. The global development initiative contains rich and profound ecological philosophy, which points out the direction for mankind to achieve sustainable development. Identify the power source of global development. At present, human society is undergoing a new round of scientific and technological revolution and industrial transformation, and the transformation of the old and new driving forces of global development is accelerating. New breakthroughs have been made in such frontier fields as information technology, life science, intelligent manufacturing and green energy, and the iteration cycle of new materials, new products and new business types has been shortened. At the same time, major countries in the world are making efforts to break down the institutional barriers restricting innovation and adopt more policies and measures to stimulate innovation. The connotation of innovation is richer than at any time in history. The vivid practice of innovation is constantly promoting the progress of global development theory. The global development initiative clearly proposes to adhere to innovation driven, which profoundly reveals the source of power for global development. The global development initiative grasps the rich connotation of innovation and proposes that we should not only accelerate the transformation of scientific and technological achievements into real productive forces, but also create an open, fair, just and non discriminatory scientific and technological development environment. To realize innovation driven development, we should not only lay the foundation for institutional innovation through scientific and technological innovation, but also create a good environment for scientific and technological innovation through institutional innovation. As the driving force of development, innovation includes both scientific and technological innovation and institutional innovation. This innovation has realized the organic unity of tangible power and intangible power, and can more comprehensively reflect the inevitable requirements of global development in the current era. Reveal the ways to govern global development issues. The global development initiative system provides solutions to global development problems. In terms of direction selection, we should give priority to development and place development in a prominent position in the global macro policy framework. Both history and reality show that development is the "master key" to solve many problems. In terms of specific goals, we will adhere to the principle of inclusiveness and inclusiveness, and strive to solve the problems of unbalanced and inadequate development among and within countries. In today's world, there is still a large development gap between emerging market and developing countries and developed countries. Only by adhering to the principle of inclusiveness and inclusiveness can people of all countries benefit. On the governance path, we will adhere to the action orientation, focus on promoting cooperation in poverty reduction, food security, anti epidemic and vaccine, financing for development, climate change and green development, industrialization, digital economy, connectivity and other fields, and accelerate the implementation of the 2030 UN agenda for sustainable development. No country can achieve its own development in a closed environment, nor can it cope with various development challenges on its own. Countries should focus on key areas and issues, strengthen coordination and cooperation, build a more equal and balanced global partnership for development, and build a global community with a shared future for development. The crux of many development problems facing the world today lies mainly in the unfair and unreasonable international division of labor and the global governance system. Some developed countries are keen to pursue the priority of their own interests and assemble exclusive small groups to evade their development responsibilities and hinder the process of global development cooperation. We should adhere to the global development initiative as a guide, accelerate the innovation of global development theory, and provide more powerful theoretical support for global development practice. (Xinhua News Agency)