Initiative looks beyond infrastructure
By Wang Yiwei | China Daily | Updated: 2017-07-11 07:05
The Belt and Road Initiative is generating a symphony of development worldwide. The Belt and Road Forum for International Cooperation held in Beijing in May, and attended by more than 1,500 representatives from 130 countries and regions, achieved 270 deliverables.
The Mombasa-Nairobi Standard Gauge Railway in Kenya, which opened on May 31, is also a fruit of the Belt and Road Initiative, as China loaned nearly 90 percent of the construction cost to Kenya and helped build the 480-kilometer railway in four years.
Overshadowed by the lack of fairness, openness, inclusiveness and public goods over the past few years, global governance needs fresh engines and more inclusive developmental mechanisms.
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