There's a role to play for institutions too. The Asian Infrastructure Investment Bank (AIIB) has expanded its membership to 84 after recently taking in the Cook Islands, Vanuatu, Belarus and Ecuador, representing a vote of confidence in the bank by the international community.
Last year also witnessed widespread agreement among BRICS countries on taking new steps toward enhancing trade and investment, currency and financial ties and infrastructure among the bloc as the group ushered in its second golden decade of cooperation.
"China has worked closely with the members of BRICS to implement programs to bridge the gap between the developed and developing countries and reduce conflict and poverty," said Ikiara.
Amid worries over trade protectionism, China has vigorously propelled the Free Trade Area of the Asia-Pacific (FTAAP), a strategic initiative critical for the long-term prosperity of the Asia-Pacific region.
Being highly inclusive, the FTAAP could embrace economies at different levels of growth and fully accommodate their developmental needs.
SHARED FUTURE
At a time when all countries depend on each other and share each other' s weal and woe, "China's sense of responsibility as a major country means a commitment to helping other countries expedite their economic development," said Song Luzheng, researcher at the China Institute of Fudan University in Shanghai.
Xi's proposal is an "attempt by the Chinese president to overcome and replace the traditional notion of 'geopolitics,' in which there are always 'winners' and 'losers,' and in which the principle of 'might makes right' tends to predominate," said William Jones, Washington Bureau chief of the U.S. publication Executive Intelligence Review.
【国内英语资讯:Spotlight: Creating shared future for common prosperity, from vision to action】相关文章:
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