Skip to main content

Factbox: Belt and Road Initiative in five years


BEIJING, Aug. 26 (Xinhua) -- In just five years, the Belt and Road Initiative has grown from a concept to a key platform for building a community with a shared future for humanity and a well-received international public goods.

The following are some key facts about it.

-- In the autumn of 2013, respectively in Kazakhstan and Indonesia, Chinese President Xi Jinping proposed the building of the Silk Road Economic Belt and the 21st Century Maritime Silk Road.

-- The initiative's top-level design has been completed, with basic structures set up. Important resolutions passed by the UN General Assembly and Security Council contain reference to it.

-- As of July 2018, more than 100 countries and international organizations had signed Belt and Road cooperation documents with China, extending the initiative's scope from the Eurasian continent to Africa, Latin America and the Caribbean, and the South Pacific region.

-- On Nov. 8, 2014, China announced contributing 40 billion U.S. dollars to set up a Silk Road Fund to support the Belt and Road projects.

-- On March 28, 2015, China released the vision and actions on jointly building the Silk Road Economic Belt and 21st Century Maritime Silk Road.

-- On Dec. 25, 2015, the China-initiated new multilateral financial institution Asian Infrastructure Investment Bank was established.

-- On May 14-15, 2017, the first-ever Belt and Road Forum for International Cooperation was held in Beijing, attended by state and government leaders of 29 countries. The more than 1,600 participants came from over 140 countries and 80 international organizations.

-- On Oct. 24, 2017, pursuing the Belt and Road Initiative was written into the Constitution of the Communist Party of China.

-- About 95 percent of the 279 items on the outcome list of the Belt and Road Forum for International Cooperation had been accomplished as of July 2018. The 14 others are being worked on.

-- As of Aug. 26, 2018, the number of China-Europe freight trains has reached 10,000.

-- In the past five years, China's trade in goods with countries along the Belt and Road exceeded 5.5 trillion U.S. dollars. Chinese direct investment in the non-financial sectors of these countries reached 80 billion U.S. dollars.

-- In the past five years, China set up 82 overseas economic and trade cooperation zones in countries along the Belt and Road, investing 28.9 billion U.S. dollars and creating about 244,000 local jobs. As of May 2018, China had signed 16 free trade agreements with 24 countries and regions, nearly half of which are countries along the Belt and Road.

-- In the first seven months of 2018, Chinese companies raised investment in 54 countries along the Belt and Road. The 8.55-billion-U.S. dollar newly added investment represented an 11.8 percent increase year on year. New construction contracts along the Belt and Road worth 57.11 billion U.S. dollars.

-- Under the initiative, China has set up 81 education institutions and projects as well as 35 cultural centers in countries along the Belt and Road. In the first half of 2018, China spent over 270 million yuan (around 39.3 million U.S. dollars) on the Silk Road scholarships.



http://www.xinhuanet.com/english/2018-08/26/c_137420914.htm

Comments

Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed.
Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area”
For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number”
Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell you …

The Rise of China-Europe Railways

https://www.csis.org/analysis/rise-china-europe-railways

The Rise of China-Europe RailwaysMarch 6, 2018The Dawn of a New Commercial Era?For over two millennia, technology and politics have shaped trade across the Eurasian supercontinent. The compass and domesticated camels helped the “silk routes” emerge between 200 and 400 CE, and peaceful interactions between the Han and Hellenic empires allowed overland trade to flourish. A major shift occurred in the late fifteenth century, when the invention of large ocean-going vessels and new navigation methods made maritime trade more competitive. Mercantilism and competition among Europe’s colonial powers helped pull commerce to the coastlines. Since then, commerce between Asia and Europe has traveled primarily by sea.1Against this historical backdrop, new railway services between China and Europe have emerged rapidly. Just 10 years ago, regular direct freight services from China to Europe did not exist.2 Today, they connect roughly 35 Chinese…

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میںPlease help the deserving persons...Salary:Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows;Welder: Rs. 1,700 dailyHeavy Duty Driver: Rs. 1,700 dailyMason: Rs. 1,500 dailyHelper: Rs. 850 dailyElectrician: Rs. 1,700 dailySurveyor: Rs. 2,500 dailySecurity Guard: Rs. 1,600 dailyBulldozer operator: Rs. 2,200 dailyConcrete mixer machine operator: Rs. 2,000 dailyRoller operator: Rs. 2,000 dailySteel fixer: Rs. 2,200 dailyIron Shuttering fixer: Rs. 1,800 dailyAccount clerk: Rs. 2,200 dailyCarpenter: Rs. 1,700 dailyLight duty driver: Rs. 1,700 dailyLabour: Rs. 900 dailyPara Engine mechanic: Rs. 1,700 dailyPipe fitter: Rs. 1,700 dailyStorekeeper: Rs. 1,700 dailyOffice boy: Rs. 1,200 dailyExcavator operator: Rs. 2,200 dailyShovel operator: Rs. 2,200 dailyComputer operator: Rs. 2,200 dailySecurity Supervisor: Rs. 2,200 dailyCook for Chinese food: Rs. 2,000 dailyCook…