A Series of Measures to Promote the Chinese Belt and Road Initiative Taken

A Series of Measures to Promote the Chinese Belt and Road Initiative Taken
2017-01-03 | author : giser

category : ISSUES

The Chinese government has been actively promoting the building of the Belt and Road, enhancing communication and consultation and advancing practical cooperation with countries along the Belt and Road, and introduced a series of policies and measures for early outcomes.

High-level guidance and facilitation

President Xi Jinping and Premier Li Keqiang have visited over 20 countries, attended the Dialogue on Strengthening Connectivity Partnership and the sixth ministerial conference of the China-Arab States Cooperation Forum, and met with leaders of relevant countries to discuss bilateral relations and regional development issues. They have used these opportunities to explain the rich contents and positive implications of the Belt and Road Initiative, and their efforts have helped bring about a broad consensus on the Belt and Road Initiative.

Signing cooperation framework

China has signed MOUs of cooperation on the joint development of the Belt and Road with some countries, and on regional cooperation and border cooperation and mid- and long-term development plans for economic and trade cooperation with some neighboring countries. It has proposed outlines of regional cooperation plans with some adjacent countries.

Promoting project cooperation

China has enhanced communication and consultation with countries along the Belt and Road, and promoted a number of key cooperation projects in the fields of infrastructure connectivity, industrial investment, resource development, economic and trade cooperation, financial cooperation, cultural exchanges, ecological protection and maritime cooperation where the conditions are right.

Improving policies and measures

The Chinese government will integrate its domestic resources to provide stronger policy support for the Initiative. It will facilitate the establishment of the Asian Infrastructure Investment Bank. China has proposed the Silk Road Fund, and the investment function of the China-Eurasia Economic Cooperation Fund will be reinforced. We will encourage bank card clearing institutions to conduct cross-border clearing operations, and payment institutions to conduct cross-border payment business. We will actively promote investment and trade facilitation, and accelerate the reform of integrated regional customs clearance.

Boosting the role of cooperation platforms

A number of international summits, forums, seminars and expos on the theme of the Belt and Road Initiative have been held, which have played an important role in increasing mutual understanding, reaching consensus and deepening cooperation.

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