"The Belt and Road Initiative, in a sense, is China's answer to such globalization," Zhou said. The initiative was proposed by China in the hope of creating a trade and infrastructure network connecting Asia with Europe and Africa along ancient trade routes. Participants in the initiative will merge in a community of shared destiny, he added.
The initiative has won support from over 100 countries and international organizations, with nearly 50 cooperation agreements signed.
It has added a new dimension to the solution of integration by stressing infrastructure and connectivity on the basis of free trade and investment, Lin said.
The value of infrastructure projects rose 47 percent in 66 countries and regions that fall under the initiative in 2016, according to accounting firm PwC.
The scheme has promoted economic and trade cooperation and has offered a new way to tackle the anti-globalization trend, according to BFA's annual report on the development of emerging economies.
The initiative will continue to be a key topic of the BFA, between state leaders and senior government officials, as well as between CEOs and ministers from China and other countries along the route.
【国际英语资讯:Economic Watch: Boao forum to rally support for globalization】相关文章:
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