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Belt and Road Initiative by no means a debt trap

By Zhang Zhongyuan | China Daily | Updated: 2019-03-03 07:17

Proposed by President Xi Jinping in 2013, the Belt and Road Initiative has drawn extensive attention worldwide. After five years, the concept and vision of the initiative have been put into practice, with some already yielding fruits and promoting the building of a new pattern for the coordinated development of China and the world. Perhaps that's why many consider the initiative to be the most important public good provided by China for the world.

As a new platform for international development and cooperation, the initiative facilitates China's engagement with the rest of world while making it possible to establish a more just and reasonable world order that would highlight the importance of Chinese wisdom in building a prosperous future for humankind.

Thanks to the contributions the Belt and Road Initiative has already made to the world economy, the world is paying greater attention to and expects more from the initiative.

Belt and Road Initiative by no means a debt trap

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