国内英语资讯:Xinhua Commentary: Belt and Road for joint development, shared benefits_时事

国内英语资讯:Xinhua Commentary: Belt and Road for joint development, shared benefits

These projects have delivered business opportunities not just for Chinese companies, but also for enterprises around the world. For example, in building a wind corridor in Pakistan's Sindh province, U.S. multinational conglomerate General Electric is contracted to work with PowerChina and provide wind turbines. The U.S. company will also provide 10 years of operation and maintenance services.

Thanks to the China Railway Express freight trains shuttling between China and Europe, Chinese companies registered in the western German city of Duisburg have grown from about 40 in 2017 to over 100 now. Freight services there have increased from three trains per week to around 40, stimulating local economic growth and creating over 6,000 jobs.

On financial cooperation, China works with its BRI partners and major global financial institutions to ensure a diversified and strong flow of funds for key BRI-related projects.

Since its launch in 2016, the Asian Infrastructure Investment Bank (AIIB) has become one of the key multilateral platforms for BRI construction, and has won growing global trust and recognition.

As of the end of 2018, the AIIB had 93 members, and had approved loans of 7.5 billion U.S. dollars on 35 projects in 13 countries including Indonesia, Pakistan, Tajikistan, Azerbaijan, Oman, Turkey and Egypt.

Third, the BRI is trying to help lay down a new path to more prosperous global trade, a more open world economy, and more inclusive economic globalization.