Wang Yi Talks about Belt and Road Cooperation Ushering into a New Stage of High-quality Development

On October 18, 2023, as the third Belt and Road Forum for International Cooperation came to a conclusion, Member of the Political Bureau of the CPC Central Committee and Foreign Minister Wang Yi held a press conference for Chinese and foreign media at the press center of the Forum, and upon request, introduced China's outlook for Belt and Road cooperation ushering into a new stage of high-quality development.

Wang Yi said, President Xi Jinping announced in his speech delivered at the opening ceremony today that Belt and Road cooperation ushers into a new stage of high-quality development. This is of great significance for leading international cooperation and global development in the next stage.

First, this will be a new stage in the multidimensional connectivity of the Eurasian continent. China proposed to support the building of a multidimensional connectivity network of the Eurasian continent from five aspects, including strengthening railway connectivity based on the China-Europe Railway Express, building a new logistics corridor across the Eurasian continent linked by direct road transportation, building the trans-Caspian international transportation corridor, advancing the "Silk Road Maritime" and the New International Land-Sea Trade Corridor, and building the Air Silk Road between China and Europe.

Second, this will be a new stage led by the Green Silk Road. China will deepen cooperation with all parties in areas such as green infrastructure, green energy, green finance and green transportation, step up support for the BRI International Green Development Coalition, implement the Green Investment Principles for the Belt and Road, and make green development a great banner of the Belt and Road.

Third, this will be a new stage empowered by the Digital Silk Road. China will work with all parties to foster an open, fair and non-discriminatory environment for the development of the digital economy, promote the deep integration of digital technology and the real economy, and narrow the digital divide. China has also put forward the Global Initiative for Artificial Intelligence Governance, which is of great significance for improving and strengthening the global digital governance system.

Fourth, this will be a new stage for China to join hands with other countries in realizing global modernization. Through Belt and Road cooperation, China will deepen the integration of China's economy and the world economy. China is firmly committed to building an open world economy, jointly realizing modernization featuring peaceful development, mutually beneficial cooperation and prosperity for all, implementing the Global Development Initiative, the Global Security Initiative, and the Global Civilization Initiative proposed by President Xi Jinping, and building a human community with a shared future.

Wang Yi stressed that Belt and Road cooperation represents the advancing of the times, and it is the right path forward. The Belt and Road Initiative ushering into a new stage of high-quality development will surely create more new opportunities for the global economy and bring more good news to the world.