Chinese President offers nations ‘ride’ on Silk Road

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Chinese President offers nations ‘ride’ on Silk Road

ISLAMABAD, Aug 18 (APP): Chinese President Xi Jinping has stated that his country was willing to give other countries “a ride” as it renews ties, via the Belt and Road Initiative, with nations along the old Silk Road routes.

As the second largest economy in the world, China should be
“more proactive” in dealing with other countries, President Xi told
a meeting held in Beijing on Wednesday.

The meeting was attended by government officials, entrepreneurs and scholars, a statement issued by the Chinese Embassy here on Thursday said.

President Xi encouraged the Chinese companies to invest in
countries along the routes of the Belt and Road Initiative, also
known as the Silk Road Economic Belt and the 21st Century Maritime
Silk Road. He also said China welcomes investment from those
countries.

According to Xi, more than 100 countries and global
organizations have participated in China’s Belt and Road Initiative
He urged the implementation of Belt and Road projects to ensure that
the countries involved have “a sense of gain”.

The export of China’s production and construction capacity
could support the Belt and Road countries to push forward
industrialization and will help to stabilize the world economy, he
said.

The Silk Road Economic Belt is a land based route from China
through Central Asia and Russia to Europe. The 21st Century Maritime
Silk Road is a strategic route through the Strait of Malacca to
India, the Middle East and East Africa.

The Belt and Road Initiative, proposed by Xi in 2013, began
to take shape in 2014 with a focus on infrastructure. Xi has made
state visits to a number of countries, including the Czech Republic,
Serbia, Poland and Uzbekistan, along the Belt and Road routes this
year.

More than 30 countries and international organizations have
signed agreements and memorandums of understanding with China on
jointly implementing the Belt and Road strategy.