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For the first time, China has been an initiator and major driving force for an international large development plan. Is China leading the world? Frankly speaking, Chinese people do not think about it like this. We would like to see it as an international cooperation project in which China has played
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“Mr. Xi provided many wise solutions to major problems facing the international community,” Nursultan Nazarbayev, President of Kazakhstan, hailed Xi’s speech, echoing the thoughts of many other attendants. The applause not only showed respect for what the initiative has achieved, it also recognized
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Philippine finance secretary Carlos Dominguez also said at the "Dutertenomics" forum that the government is focused on developing the country's infrastructure, including the building of roads and ports, and hopes to get help from countries like China.
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"The Silk Road spirit has become a great heritage of human civilization," he added.<br />In his speech, Xi announced to scale up financing support for the Belt and Road Initiative by contributing an additional 100 billion yuan ($14.5 billion) to the Silk Road Fund.
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The forum is the most important meeting on the Belt and Road Initiative since Xi first made the proposal in 2013. It is also the largest-scale and highest-level international gathering initiated by China.
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"We believe that the Belt and Road Initiative presents an open and inclusive platform for development where all countries can participate, contribute and benefit as equals,"
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Chinese President Xi Jinping announced Monday that China will host the second Belt and Road Forum for International Cooperation in 2019.
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"Today, we gather here to renew the Silk Road spirit and discuss the Belt and Road development for international cooperation. This is both a continuation of our shared legacy and a right choice for the future."
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Xi spoke of the myriad challenges the world faces: sluggish trade and investment, wobbling economic globalization, increasingly unbalanced development, impact from large-scale migration of refugees and immigrants, as well as wars, conflicts and terrorism.
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"The Belt and Road Initiative is rooted in a shared vision for global development," UN Secretary-General Antonio Guterres said at the forum's opening."Running through Asia, Europe and Africa and extended to the whole world, it is far-reaching in geography and in ambition."
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A total of 68 nations and international organizations have signed cooperation agreements with China on the Belt and Road, Xi told reporters at the end of the first forum in Beijing.
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The Belt and Road initiative, since firstly put forward, has not only improved inter-connectivity of the participating countries, but also enhanced people-to-people exchanges, the chairman hailed the remarkable accomplishments scored so far.