China – a socialist country, glued together by its three Gods, Buddhism, Taoism and Confucianism – is on a mission to foster a new type of international relations, and build a global community of shared future.
Spurred by the Communist Party of China, which runs a strong government in which the market principle plays second fiddle, the country has managed to achieve great feats such as eliminating extreme poverty among its population, become the world’s largest automobile producer, and certainly a leader in technology, with production now premised on the concept of high quality productive forces.
With its unmatched work ethic, the country has managed to build over 40, 000 kilometers of high-speed railway in just over ten (10) years, simply because such long-term capital intensive investments are borne directly by the government. Now China is ready to share its modernization with the rest of the world using the ancient concept of ‘Silk Road’ – which President Xi Jinping has refined into what is now famously known as the ‘Belt and Road Initiative’ (BRI).
In a lecture he delivered Wednesday afternoon at the Multifunction Hall of the Diplomatic Residence Compound (DRC) here in Beijing for the Africa and Asia-Pacific Group of journalists, Prof. Dr. WANG Yiwei, a Jean Monnet Chair Professor and Director of Institute of International Affairs at Renmin University of China expounded on the BRI.
He described BRI as a Transportation Network in the Eurasian Area and beyond, which comprises the railway, highway airlines, sealines, oil-gas pipelines, power transmission lines and communication network. It is the longest Economic Corridor across the Globe, which has connected Asia-Pacific region, acting as the world economic engine. With the European Union, the largest economics in today’s world, the BRI is bound to create new opportunities and development space for the continent of Eurasia and formulate an economic radiated area in East Asia, West Asia and South Asia.
The basic orientation and goal of BRI is to facilitate investment%2
Spurred by the Communist Party of China, which runs a strong government in which the market principle plays second fiddle, the country has managed to achieve great feats such as eliminating extreme poverty among its population, become the world’s largest automobile producer, and certainly a leader in technology, with production now premised on the concept of high quality productive forces.
With its unmatched work ethic, the country has managed to build over 40, 000 kilometers of high-speed railway in just over ten (10) years, simply because such long-term capital intensive investments are borne directly by the government. Now China is ready to share its modernization with the rest of the world using the ancient concept of ‘Silk Road’ – which President Xi Jinping has refined into what is now famously known as the ‘Belt and Road Initiative’ (BRI).
In a lecture he delivered Wednesday afternoon at the Multifunction Hall of the Diplomatic Residence Compound (DRC) here in Beijing for the Africa and Asia-Pacific Group of journalists, Prof. Dr. WANG Yiwei, a Jean Monnet Chair Professor and Director of Institute of International Affairs at Renmin University of China expounded on the BRI.
He described BRI as a Transportation Network in the Eurasian Area and beyond, which comprises the railway, highway airlines, sealines, oil-gas pipelines, power transmission lines and communication network. It is the longest Economic Corridor across the Globe, which has connected Asia-Pacific region, acting as the world economic engine. With the European Union, the largest economics in today’s world, the BRI is bound to create new opportunities and development space for the continent of Eurasia and formulate an economic radiated area in East Asia, West Asia and South Asia.
The basic orientation and goal of BRI is to facilitate investment%2
