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Xi says Belt and Road forum fruitful
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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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.
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Countries should align cooperation under the Belt and Road Initiative with the United Nations 2030 Agenda for Sustainable Development and the follow-ups to the G20 Hangzhou Summit, as well as the development plans of regional blocs such as the Association of Southeast Asian Nations, the African Unio
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American academia has also started to explore the Belt and Road initiative. The University of California Berkeley set up the first institutionalized center dedicated to the study of the history of the Silk Road in April, and a number of seminars on the Belt and Road initiative have been launched in
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"We entrepreneurs are now more confident. This affirms the initiative after five years of development. Many countries were skeptical and held a wait-and-see attitude toward the initiative, but now they applaud it."
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The Belt and Road Forum has got off to an excellent start, which is a good sign. The development and cooperation, considered impossible in the past, are likely to offer a new promising land for global governance.
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In a separate meeting with World Bank President Jim Yong Kim on Sunday, Li said China's economy is in the process of transformation and upgrading, which requires traditional industrial capacity to be overhauled and new growth momentum to be fostered as well.
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The forum on Dutertenomics and the Belt and Road initiative was hosted by the Philippine delegation attending the two-day Belt and Road Forum for International Cooperation started on May 14 in Beijing.
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As part of their intercontinental rail freight services, the CR Express has now developed a total of 39 train routes connecting 16 cities in China to Europe. Rail freight provides a cheaper shipment method to air, and a more time-efficient option than sea.
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Data showed that by the end of 2016, 9 Chinese banks have established 62 primary affiliates in 26 countries participating the Belt and Road initiative, including 18 subsidiaries, 35 branches and 9 representative offices.
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Xi's speech has a rich content and broad horizon, Martin Jacques, senior researcher at Department of Politics and International Studies (POLIS) under Cambridge University told the People's Daily.
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The fund with more capital will better play its leveraging role to mobilize resources of en-route countries and capital from international financial organizations, boost China’s trade and investment cooperation with other en-route countries, the deputy governor noted, adding that fruits from Belt an