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Add to Preferred SourcesIn 2013, Chinese President Xi Jinping raised the Belt and Road Initiative (BRI), an important cooperation campaign that has achieved steady progress and fruitful results since its implementation. The international community has welcomed the BRI and its positive impact.
In fact, more than 100 countries and international organizations have joined this initiative, among which more than 50 have signed cooperation agreements with China, reaching a broad international consensus on the BRI.
The UN General Assembly, the UN Security Council, UNESCAP, APEC, and ASEM have all incorporated or reflected the Belt and Road cooperation in their relevant resolutions and documents.
At present, the world economy is undergoing profound changes and faces challenges, especially under the impact of trade protectionism. By providing important opportunities and a platform for countries to deepen cooperation, the BRI has achieved positive outcomes and has the potential to deliver more benefits.
The BRI reaffirms China’s commitment to building an open economy, ensures free and inclusive trade, opposes all forms of protectionism, endeavors to promote a universal, rule-based, open, non-discriminatory and equitable multilateral trading system with the WTO at its core.
The BRI stands for enhancing international cooperation through various development strategies, such as the 2030 Agenda for Sustainable Development and the African Union’s Agenda 2063, advancing North-South, South-South, and triangular cooperation, expanding economic growth, trade and investment.
The goal of the BRI is to promote practical cooperation on roads, railways, ports, maritime and inland water transport, aviation, energy pipelines, electricity, fiber optics, information and communications technology, and welcome the development of an interconnected multimodal corridor.
It aims to strengthen cooperation on innovation by supporting action plans for e-commerce, digital economy, smart cities and science and technology parks, and by encouraging greater exchanges on innovative startup models in the Internet age, while respecting intellectual property rights.
Finally, promoting peace, mutually-beneficial cooperation and honoring the purpose and principles of the UN Charter and international law are shared responsibilities of mankind, as well as creating a prosperous and peaceful community with a shared future.
Original source: CGTN
Published on 7 August 2018