Sudheendra Kulkarni, ex-chairman of Observer Research Foundation, an Indian think tank, said the BRI is leading to a new type of globalization by remolding the global governance system to be more representative, inclusive, open and fairer.

He said it is important that the initiative is based on extensive consultation, joint contribution and shared benefits, combining the roles of the government and market.

Ronnie Lins, director of the China-Brazil Center for Research and Business, said the BRI is prompting countries to increase participation in international cooperation, thus helping optimize global political and economic order.

In his speech on Monday, Xi said the BRI is an initiative for economic cooperation, not a geopolitical alliance or military league. Also, it is an open and inclusive process rather than an exclusive bloc or "China club."

For Serbia's senior diplomat Zivadin Jovanovic, the BRI, in its implementation so far, has proved to be open to all countries and regions. It is by no means an exclusive club or politically binding.

Contrary to exclusiveness and protectionism, the BRI pursues connectivity, not only between lands but between people, he said.

David Gosset, a French expert in international relations and founder of the Europe-China Forum, said the initiative is a historic opportunity for most Europeans.

"Let us co-build the new Silk Roads, they are roads to prosperity and peace," he said.

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