October 18, 2017

The China-proposed Belt and Road (B&R) initiative has reshaped the landscape of globalization and given more importance to emerging markets, and it will play an even more significant role in boosting global economic growth, experts said. 

The initiative focuses on promoting policy coordination, connectivity of infrastructure and facilities, unimpeded trade, financial integration, and closer people-to-people ties through extensive consultation, joint contribution and shared benefits, with the goal of bringing benefits to all, according to the Xinhua News Agency.

Over the past four years, the Chinese government, under the B&R initiative, has signed economic and trade cooperation agreements with the governments of 30 countries and regions ranging from Southeast Asia to Central Asia and the Middle East. 

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http://www.globaltimes.cn/content/1070907.shtml