Skip to main content

Belt and Road Initiative no Marshall Plan, Chinese FM says


ULAN BATOR, Aug. 24 (Xinhua) -- The Belt and Road Initiative (BRI) is not a geopolitical strategy but international public goods offered by China to the world, visiting Chinese State Councilor and Foreign Minister Wang Yi said here on Thursday.

The initiative is not China's Marshall Plan, Wang said when meeting reporters with his Mongolian counterpart Damdin Tsogtbaatar.

Since the launch of BRI, China has adhered to the principles of extensive consultation, joint contribution and shared benefits, upheld the spirit of transparency, openness and inclusiveness, and abided by international rules and laws of every country, Wang said.

China has also been seeking green and sustainable development, committed to high quality and high standards in its projects and paying great attention to fiscal sustainability, Wang added.

These are in line with China's long-term strategy featuring mutual benefits, win-win results and openness, Wang said.

BRI is aimed to explore new cooperation and development opportunities by integrating the development strategies of different countries, so as to achieve common development and prosperity. In this process, China is willing to share its development opportunities with other countries and welcome all to ride on China's "express train of development," he added.

In response to a question on the cooperation between China and Mongolia, Wang said Mongolia is a natural partner in the Belt and Road construction and Mongolia's participation will give itself new development impetus.

China and Mongolia have signed an agreement on aligning the BRI and Mongolia's Prairie Road development initiative. China is willing to accelerate the alignment of the two initiatives and jointly build BRI, Wang said.

At first, Wang said, China would like to support infrastructure construction in Mongolia and help remove development bottlenecks to create conditions conducive to development.

Second, China would like to focus on improving the livelihoods of local people, enabling every Mongolian to enjoy tangible benefits from the Belt and Road construction.

Third, China would focus more on environmental and ecological protection and together with Mongolia build a green Silk Road, ensuring the protection and development of Mongolia's green mountains and rivers.

Fourth, China is willing to help Mongolia translate its natural resources into development advantage, promote the country's manufacturing and processing industry to realize diversified development, and improve its capacity of independent and sustainable development, he said.

The cooperation between China and Mongolia is like mutual help between friends and mutual support between neighbors, Wang said.

http://www.xinhuanet.com/english/2018-08/24/c_137416644.htm

Comments

Popular posts from this blog

Balochistan to establish first medical university

https://www.dawn.com/news/1366135

The Newspaper's Staff CorrespondentOctober 25, 2017QUETTA: The provincial cabinet on Tuesday approved the draft for establishing a medical university in Balochistan.Health minister Mir Rehmat Saleh Baloch made the announcement while speaking at a press conference after a cabinet meeting.“The cabinet has approved the draft of the medical university which would be presented in the current session of the Balochistan Assembly,” he said, adding with the assembly’s approval the Bolan Medical College would be converted into a medical university.Published in Dawn, October 25th, 2017

China’s 'Digital Silk Road': Pitfalls Among High Hopes

https://thediplomat.com/2017/11/chinas-digital-silk-road-pitfalls-among-high-hopes/


Will information and communication technologies help China realize its Digital Silk Road?By Wenyuan WuNovember 03, 2017In his speech at the opening ceremony of China’s 19th Party Congress, President Xi Jinping depicted China as a model of scientific and harmonious development for developing nations. Xi’s China wants to engage the world through commerce but also through environmental protection and technological advancement. This includes Beijing’s efforts to fight climate change with information and communication technologies (ICTs) that it plans to export along its “One Belt One Road” initiative (OBOR). Xi may have ambitious plans, but could China be throwing up obstacles in its own way?In his speech, the Chinese president emphasized the need to modernize the country’s environmental protections. The Chinese state is taking an “ecological civilization” approach to development and diplomacy, with a natio…

Germany’s Siemens sets up Belt and Road office in Beijing

https://gbtimes.com/germanys-siemens-sets-up-belt-and-road-office-in-beijing
Germany’s Siemens sets up Belt and Road office in Beijingby Janne Suokas Mar 23, 2018 15:20 TRADEINVESTMENTBELT AND ROAD INITIATIVEGerman industrial and engineering group Siemens will set up a Belt and Road office in Beijing. surberFlickrCC BY 2.0
German industrial and engineering group Siemens will set up an office in Beijing to boost international cooperation under China’s Belt and Road initiative, the company said on Friday.The move will help strengthen Siemens’ cooperation with Chinese and international companies and expand business opportunities brought about by the Belt and Road initiative, according to the company’s statement.The Belt and Road initiative is China’s ambitious project to boost trade and infrastructure investment in more than 65 countries along the ancient Silk Road trade routes from Asia to Europe and Africa.Siemens said it had already partnered with hundreds of Chinese companies in overse…