General

2023 marks the 10th anniversary of the proposal of the "the Belt and Road Initiative". At the beginning of the new year, China signed memorandums of understanding with the Philippines and Turkmenistan on the joint construction of the "the Belt and Road", which fully shows that the joint construction of the "the Belt and Road" initiative conforms to the historical trend of economic globalization and the requirements of the era of changes in the global governance system. The "the Belt and Road" initiative has always maintained strong resilience and vitality, providing new opportunities for international trade.

Solid: the "paradigm" effect of global international cooperation is significant

Opening up is China's basic national policy, and the process of promoting the high-quality development of the "the Belt and Road" is the process of promoting high-level opening up. Jointly building the "the Belt and Road" initiative has become an open and global cooperation platform that transcends geographical constraints, breaks through cultural differences, and integrates development needs, and will make an important contribution to the world economic recovery in a down-to-earth manner. So far, the construction of the "the Belt and Road" has yielded fruitful results. The joint construction of the "the Belt and Road" has become a popular international public product and international cooperation platform, covering two-thirds of the countries and one-third of the international organizations in the world. China has been deeply integrated into a new and huge international trading system, and has formed a broader, broader and deeper pattern of opening up.

The deepest international background of the "the Belt and Road" initiative is contemporary globalization. Today, the peace deficit, the development deficit, the security deficit and the governance deficit are all increasing, and human society is facing unprecedented common challenges. In 2022, the world will be turbulent and conflict prone. The western countries led by the United States collectively launched a direct competition against the "the Belt and Road" initiative. In order to meet the challenges, China has put forward the global security initiative and the global development initiative, and has written the "the Belt and Road Initiative" and its core concept of "jointly building and sharing" into relevant documents of the United Nations, the Group of 20, APEC and other regional organizations. At present, China has signed more than 200 cooperation documents with 151 countries and 32 international organizations to jointly build the "the Belt and Road", forming more than 3000 cooperation projects with an investment scale of nearly $1 trillion, which has significantly driven the "paradigm" effect of global international cooperation. At the same time, the establishment of multilateral development institutions and international trade cooperation platforms such as the Asian Infrastructure Investment Bank and the Silk Road Fund has also promoted the development of the global governance system in a more just and reasonable direction.

Fruitful: from "one line" to "one net"

As of May 2022, non-financial direct investment between China and countries along the "the Belt and Road" has exceeded 140 billion US dollars in total, 55493 China EU trains have delivered 4.8 million TEUs of goods in total, and signed certified AEO mutual recognition agreements with 32 co construction countries and regions. With the help of China Europe Express, China and the partner members of the "the Belt and Road" have new arteries of transportation, transportation and logistics, giving play to the complementary advantages of each other's economies, and improving the level of development.

So far, China has signed more than 200 cooperation documents with 151 countries and 32 international organizations to jointly build the "the Belt and Road". The construction and operation of key projects such as the China Laos Railway and the Hungary Serbia Railway have been steadily promoted, and a number of "small and beautiful" livelihood projects such as agriculture, medical care and poverty alleviation have been implemented. According to customs data, in 2022, the import and export scale of international trade between China and countries along the "the Belt and Road" will hit a record high, accounting for 32.9% of China's total foreign trade value, 3.2 percentage points higher than the previous year, and 7.9 percentage points higher than that of 2013 when the "the Belt and Road" initiative was proposed. At the same time, two-way investment with countries along the line has also reached a new level, covering a number of industries. While promoting China's economic development, the "the Belt and Road Initiative" has also brought a real sense of gain to "countries along the Belt and Road".

Mutual benefit and win-win results: promote high-quality development of the "the Belt and Road"

Today, the competition among major countries is becoming increasingly fierce, and multiple shocks have caused new pressure on global economic growth. The growth of developed economies and emerging economies is becoming increasingly differentiated, and the growth of the world economy will further slow down. The harsh external environment has also put forward new expectations and new requirements for the construction of the "the Belt and Road".

Promoting the quality development of the joint construction of the "the Belt and Road" should be closely combined with the construction of a new development pattern of double circulation, accelerating the construction of a new development pattern with the domestic big circulation as the main body and the domestic and international double circulation promoting each other, which is highly consistent with the requirements and objectives of the joint construction of the "the Belt and Road".

China's practice of jointly building high-quality development along the the Belt and Road shows that China has always been a builder of world peace, a contributor to global development, a defender of international order, and a provider of public goods. Ten years is a new start for the joint construction of the "the Belt and Road". In the future, the joint construction of the "the Belt and Road" will open a new journey in the practice of wider, higher level and deeper international trade cooperation, work with the "the Belt and Road" partner members towards sustainable development, cooperate with each other, complement each other and interact with each other, and demonstrate the responsibility of a responsible major country to promote the construction of a community with a shared future for mankind.