After three years of development, the Belt and Road Initiative proposed by China in 2016 has brought changes to people and countries along the ancient trade routes.
With more than 100 countries and international organizations participating, the Initiative rolled out a raft of major projects this year, including the construction of ports and railways.
The AIIB, a China-proposed multilateral bank founded in late 2015, has lent a total amount of 1.73 billion U.S. dollars in nine infrastructure projects across seven countries since the beginning of this year.
The latest lending was made to a natural gas project in Azerbaijan, which involves pipeline construction between Azerbaijan and Turkey and helps create jobs in both countries.
China also offered its wisdom and solutions for coping with challenges for the faltering world economy at the Group of 20 (G20) summit held in September in the eastern Chinese city of Hangzhou.
For the first time, the summit put development at the center of global macro policy framework and made a groundbreaking action plan implementing the 2030 Agenda for Sustainable Development.
The summit also included green finance on its agenda for the first time and laid out the first global framework for multilateral rules governing investment, leaving a clear Chinese imprint on G20 history.
From time to time, China has shown the world its capability in turning vision to consensus and turning constructive proposals into reality.
【国际英语资讯:Yearender-Commentary: China plays constructive role in global economic governance】相关文章:
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