Belt and Road Initiative for global benefit

China's plan is contributing to more efficient global economic and financial governance

The Belt and Road Initiative, the Silk Road Economic Belt and 21st Century Maritime Silk Road, a new type of international cooperation mechanism launched by China, is contributing to "more efficient global economic and financial governance", one of the key issues being discussed at the G20 Leaders Summit in Hangzhou in East China's Zhejiang province.

Chinese President Xi Jinping said at a symposium on the Belt and Road on Aug 17 that the initiative aims to benefit people along the routes and China welcomes all parties "taking a ride" on China's development.