Strategic Significance of 'One Belt and One Road'

By Zhang Yunling
0 Comment(s)Print E-mail, February 9, 2015
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The concept of the “One Belt and One Road” is China’s grand strategy during the new stage, and is a demonstration of China’s pursuit of peaceful development and its determination to shoulder responsibilities of a big country, seeking cooperation and win-win results through joint construction.

The concept of the “One Belt and One Road” serving as a large platform to push forward development and cooperation in the new age can cooperate China’s economic growth with other countries’ development, encourage the input of other countries, open up new regional and global development room, and create new growth engine with China’s involvement. The “One Belt and One Road” is an inclusive platform, bringing China and other countries together to work out a plan and make contribution. Through the “One Belt and One Road”, cooperative financing organizations and other financial institutions can be established to break the bottlenecks of financing problems.

The “One Belt and One Road” strategy is a grand plan to promote cooperation. It is open and inclusive. The construction of Silk Road is a strategy to realize the regional balance of China’s development and also a strategy to balance the structure of foreign relations. It aims to expand room for the development of West China, and provides new platform and opportunities for deepening ties with Middle Asia and West Asia. The construction of the 21st-Century Maritime Silk Road aims to advocate and create new ocean order in the new era and form a coastal economic belt for opening-up and cooperative development.

The “One Belt and One Road” strategy stresses joint construction and common development, with development fruits to be shared. It is a cross-regional and inclusive cooperation framework possessing global significance. Taking neighboring regions as its starting point and focal point, the strategy seeks cooperation.

Zhang Yunling is a Member of the 10th, 11th and 12th National Committee of the Chinese People’s Political Consultative Conference (CPPCC), Director of International Studies, the Chinese Academy of Social Sciences (CASS), and also Diector of Asia-Pacific Studies, CASS.

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