The 10th Anniversary of the “Belt and Road” Initiative: The Road of Cooperation and Development Will Be Broader

On 7 September 2023, marks the 10th anniversary of the presentation of the “Belt and Road” initiative by China. on 7 September 2013, Chinese President Xi Jinping proposed an initiative to jointly build a “Silk Road Economic Belt” while delivering a speech at Nazarbayev University in Kazakhstan, The purpose of which is to establish an open cooperation platform inheriting the spirit of the Silk Road and providing new inspired energy for cooperation and development among various countries.

According to data released by the Chinese National Development and Reform Commission on August 24, In the past ten years, China has signed more than 200 cooperation documents on the joint construction of the “Belt and Road” with 152 countries and 32 international organizations, covering 83 percent of countries with diplomatic relations with China.

data shows that From 2013 to 2022, the import-export volume of goods trade and the volume of non-financial direct investment between China and countries along the “Belt and Road” increased by 8.6 percent and 5.8 percent annually, respectively, with the corresponding coastal countries with two-way investments exceeding US$ 270 billion.

In addition, overseas economic and trade cooperation zones built by Chinese enterprises in countries co-building the “Belt and Road” have created 421,000 local jobs. It is estimated that by the year 2030,The joint construction of the “Belt and Road” will lift 7.6 million people out of extreme poverty and 32 million people out of moderate poverty in the countries concerned and increase global income by 0.7 percent to 2.9 percent.

Numbers never lie! ,The ultimate goal of the “Belt and Road” initiative is to ensure global peace and development. Its spirit matches the two most important demands of all the countries of the world, Namely sustainable and responsible development and improving the quality of life of the people. Instead of forming a special “small circle”, it is an open, Emphasizes on inclusive and shared development process. It does not separate participants on the basis of ideology, nor does it employ the logic of zero-deposit games.

in ten years, with china The “circle of friends” who co-produce the “Belt and Road” has grown wider. In the future, at a new starting point, let us begin again together. peaceful cooperation, Make this path of mutual benefit, win-win and inclusive development wider and wider.

(Credits- China Media Group, Beijing)