The Belt and Road Initiative
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E-mail China.org.cn, March 8, 2017
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The Belt and Road Initiative, also known as the Land &Maritime Silk Road Initiative or the "One Belt, One Road" Initiative, refers to China’s proposal to build a Silk Road Economic Belt and a 21st Century Maritime Silk Road. During his visits to Central and Southeast Asia in September and October 2013, respectively, Chinese President Xi Jinping unveiled the plans to implement this initiative in cooperation with related countries. The initiative is based on five conceptual pillars – policy coordination, connectivity of facilities, unimpeded trade, financial integration, and strengthened people-to-people ties – and on the principle of mutual discussion, building jointly, and sharing the benefits equally, so as to bring genuine happiness to the people along the belt and road. (More)
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