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The origin of the Belt and Road Initiative

  • Categories:B&R
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  • Time of issue:2017-09-22
  • Views:117

(Summary description)General Secretary Xi’s strategic vision: On September 7, 2013, Xi Jinping said in a speech at Nazarbayev University in Kazakhstan: In order to make the economic ties of various countries closer, mutual cooperation deeper, and broader development space, we can Use innovative cooperation models. Jointly build the "Silk Road Economic Belt"

The origin of the Belt and Road Initiative

(Summary description)General Secretary Xi’s strategic vision: On September 7, 2013, Xi Jinping said in a speech at Nazarbayev University in Kazakhstan: In order to make the economic ties of various countries closer, mutual cooperation deeper, and broader development space, we can Use innovative cooperation models. Jointly build the "Silk Road Economic Belt"

  • Categories:B&R
  • Author:
  • Origin:
  • Time of issue:2017-09-22
  • Views:117
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General Secretary Xi’s strategic vision: On September 7, 2013, Xi Jinping said in a speech at Nazarbayev University in Kazakhstan: In order to make the economic ties of various countries closer, mutual cooperation deeper, and broader development space, we can Use innovative cooperation models. Jointly build the "Silk Road Economic Belt", from point to surface, from line to piece, and gradually form regional cooperation. On October 3, 2013, President Xi Jinping said in a speech at the Indonesian National Assembly: China is willing to strengthen maritime cooperation with ASEAN countries, make good use of the China-ASEAN Maritime Cooperation Fund established by the Chinese government, develop maritime partnerships, and jointly build the 21st century. "Maritime Silk Road". In his keynote speech at the CICA Summit on May 21, 2014, Xi Jinping pointed out: China will work with other countries to accelerate the construction of the "Silk Road Economic Belt" and the "21st Century Maritime Silk Road", and start Asian infrastructure investment as soon as possible. Banks are more deeply involved in the process of regional cooperation, and promote the development and security of Asia to promote each other and complement each other. At the Dialogue on Strengthening Connectivity Partnership on November 8, 2014, Xi Jinping pointed out that the joint construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road are similar and complementary to connectivity. If the "Belt and Road" is likened to the two wings that take off in Asia, then interconnection is the bloodline and meridian of the two wings. In his speech "China Unicom Leads Development Partners to Focus on Cooperation", he pointed out that first, with Asian countries as the key direction, take the lead in realizing Asian connectivity. "One Belt One Road" originated from Asia, relying on Asia, and benefiting Asia. China is willing to provide more public products to neighboring countries in Asia through interconnection. Everyone is welcome to take the train of China's development. Second, build a basic framework for Asian connectivity based on economic corridors. The "Belt and Road" takes into account the needs of all countries, and coordinates the two major directions of land and sea, covering a wide range, strong inclusiveness, and great radiating effect. Third, take the transportation infrastructure as a breakthrough to realize the early harvest of Asian connectivity, and give priority to the deployment of railway and highway projects between China and neighboring countries. Fourth, we should use the construction of financing platforms as the starting point to break the bottleneck of Asian connectivity. China will invest 40 billion U.S. dollars to establish the Silk Road Fund. The Silk Road Fund is open, and investors from inside and outside Asia are welcome to actively participate. Fifth, use people-to-people exchanges as a link to consolidate the social foundation of Asian connectivity. In the next five years, China will provide 20,000 training places in the interconnection field for neighboring countries. On November 11, 2014, at the 2014 Asia-Pacific Economic Cooperation (APEC) Leaders’ Informal Meeting, President Xi Jinping proposed the development of the Asia-Pacific Free Trade Area (FTAAP).

  Reach a consensus. The "Blueprint for Connectivity in the Asia-Pacific Free Trade Area" may be announced to the public as one of the four annexes to the declaration of the leaders' meeting. In terms of hardware interconnection, public-private partnerships (PPP) and other methods are used to improve infrastructure financing; to develop and update infrastructure including transportation, information and communication technology, and energy. In terms of institutional interconnection, the issue of trade facilitation, structural and regulatory reforms, and transportation and logistics facilitation should be addressed. By 2020, we will achieve the goal of saving 25% of business costs in each economy and increasing the efficiency and convenience of business by 25%. [6] "The Belgrade Outline for Cooperation between China and Central and Eastern European Countries" on December 16, 2014, planning to formulate the "Medium-term Cooperation Plan between China and Central and Eastern European Countries". [7] On August 17, 2016, General Secretary Xi Jinping put forward 8 requirements for advancing the “Belt and Road” construction. [8]

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