China is shaping the world with 'Belt and Road'
- By Zhang Rui
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E-mail China.org.cn, May 12, 2015
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Wang Yiwei, a senior researcher from the think tank Charhar Institute and professor from the School of International Studies at Renmin University, said at a roundtable meeting in Beijing on Sunday that China's "Belt and Road" initiatives are ready to change the world. [Photo: China.org.cn] |
A senior researcher said at a roundtable meeting in Beiing on Sunday that China's "Belt and Road" initiatives are ready to change the world.
Wang Yiwei, a senior researcher from the think tank Charhar Institute and professor from the School of International Studies at Renmin University, has recently published a new book entitled "'Belt and Road': Opportunities and Challenges" to explore China's mutual benefit strategies with neighboring countries.
The "Belt and Road," refers to the "Silk Road Economic Belt" and "21st Century Maritime Silk Road" initiatives, which were unveiled by Chinese President Xi Jinping in 2013. Together they make up a Chinese framework for organizing multinational economic development primarily in Eurasia.
Wang said the "Belt and Road" initiatives are an inevitable extension of China's comprehensive opening up and inevitable trend for cultural revival, containing demands of globalization, which indicate that China has gone from participating in globalization to shaping globalization.
"Now we have advantages in labor, technology, capital, standards and experiences," he said, adding China has developed into a much bigger player in the region than in ancient times.
"The initiatives cover 4.4 billion people. As a Bloomberg report said recently, the 'Belt and Road' initiatives will help 3 billion Asians grow into the middle class by 2050. China's own research also predicted that China's trade volume with the countries along the "Belt and Road" will increase to US$2.5 trillion in the next 10 years. When I mentioned this to European friends, they were excited and felt there were a lot of opportunities. "
The professor also said the "Belt and Road" initiatives would help generate vitality and help China's inland provinces to open up, so they could have more exchanges with other countries and regions.
"This is really a big breakthrough," Wang explained, "China's previous 'reform and opening up' policies only paid attention to opening up to developed Western countries. Now everything has changed. Western countries have now opened up to China, and China is opening up more to developing countries and neighboring countries. China now not only exports products, but also exports a sustainable development pattern."
He added that the "Belt and Road" initiatives welcome other countries to enjoy the benefits of China's economic development and will strengthen economic and cultural cooperation, while putting aside complicated military and political differences to bring about a win-win situation.
"The Belt and Road' initiatives are important public goods that China is giving to the world, is a new proposal for enhancing international cooperation from China after the so-called globalization, also known as Americanization or Westernization, failed to reach its goals," he said.
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