Belt and Road forum will clear many doubts
This May will witness China seeking viable solutions to the problems facing the global economy at the Beijing-based Belt and Road Forum for International Cooperation, where over 20 countries' leaders have confirmed their participation. The forum, as Minister of Foreign Affairs Wang Yi said, aims to make sure that the Beijing-led Belt and Road Initiative (the Silk Road Economic Belt and 21st Century Maritime Silk Road) delivers greater benefits to the world.
Proposed by President Xi Jinping in 2013, the initiative enters the fourth year and is of great importance to global governance and international endeavor to make globalization more inclusive. At the heart of China's economic rise is infrastructure connectivity, a significant lesson that the Belt and Road forum is expected to promote.
China needs the Belt and Road projects to seek closer cooperation with the rest of the world and encourage other developing economies to pursue the development paths that suit them best. The forum is expected to make that clear by alleviating concerns about China's rise.