Promoting gender equality has been a common global goal for almost three decades, with increasing national initiatives across many countries. In 1995, international communities reached a consensus to achieve gender equality and empower women during the landmark Fourth World Conference on Women in Beijing. The United Nations member states also put "achieving gender equality and empowering all women and girls" as the fifth sustainable development goals (SDG) by 2030, among other 16 SDGs. At the country level, many countries have started taking policy actions to improve gender equality. To facilitate member countries’ efforts, the International Monetary Fund also established a strategy toward mainstreaming gender in its core activities in July 2022 to provide “granular and tailored macroeconomic and financial policy advice.”These efforts have led to significant progress in improving gender equality. The World Economic Forum’s Global Gender Gap Report in 2022 shows that globally, the gender gap is significantly reduced in health and education aspects, with 95 percent and 96 percent of the gap having been closed.