国内英语资讯:Belt and Road forum strengthens trade ties, sounds call against protectionism_时事

国内英语资讯:Belt and Road forum strengthens trade ties, sounds call against protectionism

"In his opening speech President Xi highlighted the importance of infrastructure investment both from a historical and contemporary point of view," said Marius Schad, an emerging market analyst of HSH Nordbank.

"The forum serves as a multilateral platform to bring the countries and organizations around the Belt and Road Initiative together and will intensify their cooperation," Schad said.

He quoted Xi's use of a well-known Chinese proverb that says it takes many small steps to cover a journey. "The initiative targets the benefits of infrastructure spending and its role for economic prosperity," the analyst said.

"But only their implementation and finalization will foster economic growth. Therefore, a consequent implementation of infrastructure investments, cross-border cooperation and convincing multilateral commitments are essential for long-term success," Schad said.

"Consequently, the next steps within the Belt and Road Initiative are expected to center around the realization of concrete projects," he added.

The forum was an important milestone in the global popularization and implementation of the Belt and Road Initiative, said Gerishon Ikiara, a lecturer of international economics at the University of Nairobi.

The joint communique made at the end of the forum highlighted the importance of the forum in the implementation of the initiative, he said.

The forum was a major boost to the Belt and Road Initiative in terms of gathering international support for it. One of the outcomes of the forum was the broad agreement from the participants that the Belt and Road project was an important platform for rapid global infrastructural and trade development where all countries can participate, contribute and benefit as equals, he said.