Further progress ahead for the Belt and Road Initiative
The Belt and Road Initiative (BRI) has facilitated economic growth and improved people's livelihood along the routes, according to a spokesman.
Further progress ahead for the Belt and Road Initiative
The Economics of Geography

Further progress ahead for the Belt and Road Initiative

Shiji Bridge in Haikou, an important city of the BRI (Photo: AFP/Xinhua/Yang Guanyu)
Eurasia 04/03/2023 11:00

The Belt and Road Initiative (BRI) has facilitated economic growth and improved people's livelihood along the routes, according to a spokesman.

BRI construction has also brought effective investment and more quality assets to participant countries, said Guo Weimin, spokesperson for the first session of the 14th National Committee of the Chinese People's Political Consultative Conference, at a press conference, Xinhua reports.

Guo Weimin (second from right) addressing the press conference in Beijing (Photo: AFP/Xinhua/Chen Yehua)

He reminded that this year marks the 10th anniversary of the BRI. By mid-February this year, China had signed cooperation agreements with 151 countries and 32 international organizations, and its annual trade value with countries along the Belt and Road almost doubled from 2013 to 2022, Guo said.

China will take the BRI's 10th anniversary as an opportunity to make greater progress in BRI construction and to further provide new energy and space for global economic cooperation, the spokesman added.

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