May 10, 2017

"The Belt and Road Initiative has brought new vitality to participating countries and drives economic globalization, a Chinese senior commerce official said Wednesday.

The initiative comes at a time when economic woes continue and some countries are responding to economic imbalances with protectionism, Vice Commerce Minister Qian Keming told a press conference.

Many countries along the Belt and Road barely benefited from the last round of globalization, and the initiative will provide them with opportunities for economic development and integration, making the globalization process more inclusive and balanced, he said."

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