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Belt and Road gives momentum to redraw globalization

2017-09-22 09:05:29       source:En.People.Cn

September 21, 2017


Uncertainty has become the major threat of our times. On the five continents, we are facing global dangers that have become ever more difficult to foresee and manage. Terrorism undermines global efforts of peace-building. The rise of populism has led to policies challenging economic openness, free trade and shared development. In the same time, climate change has heightened the risk to future generations. The current diplomatic situation of our world and the unpredictability of some of the major powers is calling for a new multilateral dynamic.


However, the past few months have witnessed a dramatic decline of international dialogue. The election of a new American President has accelerated this process by affecting multilateral frameworks in areas like free trade and environmental protection. Against these trends, international cooperation is the only possible key to find a common ground on how to improve the world of tomorrow. Today, we are witnessing the painful birth of a new multipolar world. I do believe it is the task of Asia and Europe to reshape globalization on fairer and more balanced principles. It has become crucial to foster new poles of stability and prosperity interconnected in a comprehensive scheme of cooperation.


In this context, China is offering a new chance to achieve this common ambition through the Belt and Road initiative. This promising project not only strives to support infrastructure development from Asia to Europe and Africa, but aims at reviving the spirit of multilateral partnerships to serve cultural dialogue and stability as decisive common goods. From the initial speech of President Xi Jinping in autumn 2013, outlining the project, to the Belt and Road Forum for International Cooperation that was held in Beijing on mid-May 2017 with around 30 heads of state and government, the initiative has made great steps forwards. In less than four years, the Belt and Road initiative has been provided with new multilateral instruments like the Asian Infrastructure Investment Bank with a capital of 100 billion dollars and more than 60 countries taking part in the institution.


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http://en.people.cn/n3/2017/0921/c90000-9272161.html