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Initiative a product of Chinese wisdom

By Wang Yiwei | China Daily | Updated: 2015-09-03 08:06

The Belt and Road Initiative, a grand transnational project comprising the Silk Road Economic Belt and 21st Century Maritime Silk Road, is the latest example of China's changing role in globalization - from a participator to a leader.

Characterized by rejuvenation, inclusiveness and innovation, the initiative is a product of Chinese wisdom, which aims to make China an important part of a more inclusive globalization process, in a bid to share the advantages of modernization with countries along the routes. Unlike Western colonialism and imperialism, the Belt and Road Initiative has been designed to strengthen the established multilateral cooperative partnerships between China and more than 60 other countries along the routes that run through Asia, Europe and Africa.

It is an all-round open initiative, which once realized, will benefit not only countries and regions along the routes but also those beyond, and facilitate a new mode of multinational integration. As such, the less-developed areas in Northwest China, such as Gansu province, will get greater support to enter the markets in the country's coastal region and even countries along the Silk Road Economic Belt. International organizations that show interest in taking part in the two projects are welcome to increase economic interactions among governments, enterprises and ordinary people along the routes.

Initiative a product of Chinese wisdom

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