Wang Wen: What the world lacks is not power, but direction

Source: CGTN

Update: May 21st, 2026  9:32 PM

In times of global uncertainty, what does the world need most? Wang Wen, dean of the Chongyang Institute for Financial Studies at Renmin University of China, argues that the world lacks not power, but direction. China's Global Development Initiative is not about exporting models. Its core is "shared development," an honest sharing of China's own journey, challenges, and lessons learned. It turns China's development experience into a global public good accessible to all nations.