Strengthen cross regional coordination and cooperation to promote high-quality development of the "the Belt and Road"

2023-03-27

As an important public product provided by China to improve global governance, the "the Belt and Road" initiative will celebrate its 10th anniversary. Since the proposal was proposed, the scale of trade and investment between China and the co construction countries has steadily expanded, infrastructure connectivity has been continuously strengthened, and the level of industrial chain supply chain cooperation has continued to improve. During the 2023 annual meeting of the China Development Forum, several experts and enterprise representatives made speeches and discussed at the panel meeting on the theme of "Promoting the joint construction of high-quality development along the the Belt and Road". Participants believed that from taking root to lasting development, the joint construction of the "the Belt and Road" circle of friends is becoming larger and larger, more and more good partners, the quality of cooperation is getting higher and higher, and the development prospects are getting better and better. The site of the group meeting on "Promoting the joint construction of high-quality development of the the Belt and Road". Jeffrey Sacks, a professor at Columbia University who was provided by the China Development Forum, said that co building the "the Belt and Road" initiative is very important for achieving the goal of sustainable development. This initiative presents a green and digital trend. It will play a leading role in technology, energy transformation, intelligent transportation, 5G digital technology, and other aspects, thereby helping developing countries gain access to the latest technology. According to the data of the Ministry of Commerce, in terms of trade, from 2013 to 2022, the volume of goods trade between China and countries along the "the Belt and Road" will expand from US $1.04 trillion to US $2.07 trillion, with an average annual growth of 8%; In terms of investment, from 2013 to 2022, China's two-way investment with countries along the Belt and Road exceeded 270 billion US dollars. By the end of 2022, China's enterprises had invested 57.13 billion US dollars in overseas economic and trade cooperation zones built by countries along the Belt and Road, creating 421000 local jobs; In terms of engineering construction, from 2013 to 2022, China's newly signed contracts and completed turnover for contracted projects in countries along the line exceeded $1.2 trillion and $800 billion, respectively, accounting for more than half of the total amount of foreign contracted projects. Zhao Changwen, director of the China International Development Knowledge Center, believes that promoting the "the Belt and Road" initiative also needs to strengthen coordination in policies, infrastructure, trade rules, investment and financing, and at the same time, strengthen people to people and cultural cooperation and knowledge exchange. It is worth noting that in recent years, cooperation between China and the participating countries in the "the Belt and Road Initiative" has been strengthened in e-commerce, trade platform services, smart logistics and other fields, and the construction of key digital infrastructure projects has accelerated, which not only shares the huge dividends of China's digital economic development with relevant countries, but also effectively expands the dividends of regional digital economic development, Promote the economic development and industrial digital transformation process of relevant countries to accelerate continuously. Li Tong, CEO and CEO of BOC International Holdings Co., Ltd., said, "Looking forward to the next decade, as the international community's interest in jointly building the the Belt and Road initiative grows day by day, the initiative will usher in a new height. In addition to trade in goods, infrastructure construction, production capacity cooperation, in the future, service trade, digital technology, green technology, financial services, cultural exchanges and other aspects will also bear new fruits." (Lixin News Agency)

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