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President Xi vows mutual "Belt and Road" benefit

Source: Xinhua 2016-04-30 22:09:45
[Editor: huaxia]

BEIJING, April 30 (Xinhua) -- President Xi Jinping has promised that China is looking to serve the long-term interests of all countries involved in the Belt and Road Initiative.

Xi made the remarks on Friday afternoon at a group study attended by members of the Political Bureau of the Communist Party of China (CPC) Central Committee on the history of the Silk Road and Maritime Silk Road.

"The Belt and Road Initiative, though initiated by China, is not only about China," he said. "I hope people in all countries along the Belt and Road will actually feel the benefit brought by the initiative."

It aims to boost not only China's development but also that of other countries, Xi said. "While taking care of our own interests, we will give more consideration and care to the interests of other countries," he said.

The Belt and Road Initiative, which comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road, was brought up by Xi in 2013, with the aim of building a trade and infrastructure network connecting Asia with Europe and Africa along the ancient Silk Road routes.

The initiative covers about 4.4 billion people in more than 60 countries, or 63 percent of the global population.

Since the Han Dynasty about 2,000 years ago, the ancient Silk Road starting from Chang'an, now northwest China's Xi'an city, has served as a route for international trade and cultural exchange connecting China with various nations through Eurasia. There were also other routes starting from south China and spreading outwards by sea, called the Maritime Silk Road.

"The ancient silk roads are not just routes of trade, but routes of friendship," said Xi.

The president stressed the function of the market in promoting the initiative while insisting on the government's leading role in overall coordination.

He urged Chinese companies to value not only economic returns from their investment projects in foreign countries but also their reputation as law-abiding and responsible entities.

Cultural and people-to-people exchanges are also an important part of the initiative, Xi said, calling for mutual understanding and respect among all involved countries.

He also called for enhanced security cooperation under the initiative.

Related:

Interview: Belt and Road Initiative to benefit SE Asia, South Asia with Chinese investment

CANBERRA, April 17 (Xinhua) -- The Belt and Road Initiative is an existing trend which will benefit the development of Southeast Asia and South Asia with more Chinese investment pouring in these regions, said Gordon Flake, Director of Perth USAsia Center.Full Story

China Focus: Asian businessmen treading on China's "belt and road"

BEIJING, March 24 (Xinhua) -- Boonyong looks forward to lower transport costs when a rail network connecting China and Thailand is completed.Full Story

Interview: China's Belt-Road initiative to establish Asia-Europe economic zone, strengthen integration: expert

WASHINGTON, March 20 (Xinhua) -- China's Belt and Road Initiative will establish a large Asia-Europe economic zone, providing opportunities for dozens of countries along the "Belt and Road" routes integrating into the global economy, a former World Bank official has said.Full Story

 

[Editor: huaxia]
 
President Xi vows mutual "Belt and Road" benefit
                 Source: Xinhua | 2016-04-30 22:09:45 | Editor: huaxia

BEIJING, April 30 (Xinhua) -- President Xi Jinping has promised that China is looking to serve the long-term interests of all countries involved in the Belt and Road Initiative.

Xi made the remarks on Friday afternoon at a group study attended by members of the Political Bureau of the Communist Party of China (CPC) Central Committee on the history of the Silk Road and Maritime Silk Road.

"The Belt and Road Initiative, though initiated by China, is not only about China," he said. "I hope people in all countries along the Belt and Road will actually feel the benefit brought by the initiative."

It aims to boost not only China's development but also that of other countries, Xi said. "While taking care of our own interests, we will give more consideration and care to the interests of other countries," he said.

The Belt and Road Initiative, which comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road, was brought up by Xi in 2013, with the aim of building a trade and infrastructure network connecting Asia with Europe and Africa along the ancient Silk Road routes.

The initiative covers about 4.4 billion people in more than 60 countries, or 63 percent of the global population.

Since the Han Dynasty about 2,000 years ago, the ancient Silk Road starting from Chang'an, now northwest China's Xi'an city, has served as a route for international trade and cultural exchange connecting China with various nations through Eurasia. There were also other routes starting from south China and spreading outwards by sea, called the Maritime Silk Road.

"The ancient silk roads are not just routes of trade, but routes of friendship," said Xi.

The president stressed the function of the market in promoting the initiative while insisting on the government's leading role in overall coordination.

He urged Chinese companies to value not only economic returns from their investment projects in foreign countries but also their reputation as law-abiding and responsible entities.

Cultural and people-to-people exchanges are also an important part of the initiative, Xi said, calling for mutual understanding and respect among all involved countries.

He also called for enhanced security cooperation under the initiative.

Related:

Interview: Belt and Road Initiative to benefit SE Asia, South Asia with Chinese investment

CANBERRA, April 17 (Xinhua) -- The Belt and Road Initiative is an existing trend which will benefit the development of Southeast Asia and South Asia with more Chinese investment pouring in these regions, said Gordon Flake, Director of Perth USAsia Center.Full Story

China Focus: Asian businessmen treading on China's "belt and road"

BEIJING, March 24 (Xinhua) -- Boonyong looks forward to lower transport costs when a rail network connecting China and Thailand is completed.Full Story

Interview: China's Belt-Road initiative to establish Asia-Europe economic zone, strengthen integration: expert

WASHINGTON, March 20 (Xinhua) -- China's Belt and Road Initiative will establish a large Asia-Europe economic zone, providing opportunities for dozens of countries along the "Belt and Road" routes integrating into the global economy, a former World Bank official has said.Full Story

 

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