With the advancement of globalization and modernization, human beings are stepping into a world risk society. To effectively manage global risks, it is necessary to promote the common values of humanity and focus on building a community with a shared future for mankind. At present, the deficits of global peace and development, equity and justice, and democracy and freedom have posed many risks to the promotion of the common values of humanity. To effectively address these challenges, we must follow the principle of risk minimization, uphold the vision of a community with a shared future for mankind, strengthen the implementation of the global governance system, and adopt a cooperative and winwin governance approach, so that China can contribute more wisdom and play a greater role in promoting the common values of humanity.