Global EditionASIA 中文双语Français
Business
Home / Business / Macro

Leaders cite synergy of visions with BRI

By Jing Shuiyu | China Daily | Updated: 2019-04-27 07:02
Share
Share - WeChat
Chinese Vice-Premier Han Zheng addresses the high-level meeting of the Second Belt and Road Forum for International Cooperation in Beijing, April 26, 2019. [Photo/Xinhua]

China called on economies participating in the Belt and Road Initiative to further synergize their strategies and align interests for shared future prosperity at a time when many countries' leaders have voiced support for the cause.

Countries and regions involved in the initiative need to continuously promote bilateral and multilateral mechanisms, and strengthen the coordination of their policies, platforms and projects, Vice-Premier Han Zheng said on Friday.

Enhanced efforts are also needed to further the building of high-quality and sustainable infrastructure, which can facilitate progress in regional connectivity, Han said.

Han spoke at a high-level meeting in Beijing attended by leaders from BRI-involved economies. It followed the opening ceremony of the Second Belt and Road Forum for International Cooperation.

Han cited the freight train service connecting China and Europe and also linking some other BRI economies.

In 2018, the number of freight trains traveling among these markets reached a record high of 6,300, an increase of 72 percent year-on-year, according to a report by the Chinese Academy of International Trade and Economic Cooperation.

A staff member prepares to unload containers from the freight train X8044 after the train from Hamburg of Germany arrived at Wujiashan railway container center station in Wuhan, Central China's Hubei province, Aug 26, 2018. [Photo/Xinhua]

Trade between China and countries connected by the trains grew quickly.

Total trade volume climbed 11.86 percent year-on-year to $706 billion in 2018, the report said.

"The Belt and Road Initiative, in my view, is a grand global initiative," Abiy Ahmed, prime minister of Ethiopia, said at the meeting. It is China's answer to the challenges of the growing inequality of development and a platform supporting Ethiopia-China cooperation, he said.

As investment flows into infrastructure and digital interconnectivity, the BRI addresses development bottlenecks while respecting other nations' legal frameworks, he said.

Lee Hsien Loong, prime minister of Singapore, cited the example of the Chongqing Connectivity Initiative, the third government-to-government project between Singapore and China. He said it aims to connect the western part of China to Singapore and through Singapore to Southeast Asia and the world.

The Advisory Council of the Belt and Road Forum for International Cooperation suggested in a research paper that greater synergy is needed between the initiative and other national, regional and global development strategies and plans, such as the United Nations' 2030 Agenda for Sustainable Development.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE