Chinese President Xi Jinping unveiled the Global Governance Initiative at the Shanghai Cooperation Organization Plus Meeting in Tianjin, emphasizing China's commitment to a more just and equitable global governance system. This marks his fourth global initiative, building on previous proposals for development, security, and civilization.

• The initiative was launched at a meeting with leaders from over 20 countries and 10 international organizations.
• President Xi Jinping outlined five principles for the initiative, including adherence to sovereign equality and practicing true multilateralism.
• China plans to establish three major platforms for China-SCO cooperation in energy, green industry, and digital economy.