The Belt and Road Initiative is contributing China’s wisdom and motivation to global economic governance.
Author: Hu Zhiyong, researcher of Institute of International Studies, Shanghai Academy of Social Sciences and director of Shanghai Institute of Marine Strategy.
On the 14th, President People’s Republic of China (PRC)’s top leader attended the "Belt and Road" international cooperation summit forum and delivered a keynote speech. The supreme leader said that the construction of the "Belt and Road" should be open-oriented and solve the problems of economic growth and balance. We welcome countries to actively develop an open economy, participate in global governance and the supply of public goods, and work together to build a broad community of interests in light of their own national conditions.
The "Belt and Road Initiative" is an innovative move by China to adapt to the development of globalization, and its achievements have benefited the world and contributed China’s wisdom to global economic governance. It can be said that the "Belt and Road Initiative" is a major innovation of China’s active participation in global economic governance and its mechanism reform, a creative wisdom to promote the process of globalization, and a public platform provided by China to promote global economic development and achieve capacity complementarity and strategic docking; It is a concrete manifestation of China’s active participation in global governance, a systematic promotion of China’s concept of globalization, an important way to promote the construction of win-win cooperation, a new development concept to promote the globalization process, and a contribution to the reconstruction of the new international political and economic order, China’s wisdom. "Co-operation, Co-construction and Sharing" promotes the mutual docking of the development strategies of countries along the route: it emphasizes policy communication, facility connectivity, smooth trade, financial intermediation and popular support, so as to further enhance China’s international influence and establish an international image of China.
From "community of interests" and "community of responsibilities" to "community of destiny", China has linked the "Chinese dream" with the "world dream" and put forward the idea of building a community of destiny with countries along the route, which is being recognized and positively responded by more and more countries in the world, and has formed a consensus for the international community, further promoting the relationship between China and the vast number of developing countries, contributing China’s wisdom to the balanced development of the world economy, and working with countries along the route to create openness and openness.
The supreme leader pointed out that our promotion of the "Belt and Road" will not repeat the old routine of geo-game, but will create a new model of win-win cooperation. The "Belt and Road Initiative" contributes to China’s global economic governance: based on the different resource endowments of countries along the route, strengthen economic complementarity, expand cooperation space, and promote the interconnection between the economy and the world; Actively use the existing bilateral and multilateral cooperation mechanisms to effectively connect, mutual benefit and win-win, and inject new impetus into economic globalization.
The construction of the "Belt and Road" should be open-oriented and solve the problems of economic growth and balance. The "Belt and Road" combines the domestic market with foreign markets, drives trade with investment, and promotes the faster development of globalization through international capacity cooperation, providing sustained impetus for global economic development. China promotes global economic governance with the Belt and Road Initiative, actively participates in global economic governance, and builds an innovative, dynamic, coordinated and inclusive world economy.
"One Belt, One Road" means promoting global political development and facilitating regional trade and investment through economic cooperation. It is conducive to the transformation and upgrading of the global economic structure, the mutual docking of the development strategies of China and countries along the route, the connection between land and sea, the East and the West, the realization of political mutual trust, economic integration and cultural tolerance, and the building of a community of human destiny and a global partnership network.
The "Belt and Road Initiative" itself is to turn China’s opportunities into world opportunities, share the fruits of development, promote the common development and prosperity of China and the world, promote world peace and stability, and become the main force to resist the tide of anti-globalization. While China is actively promoting the "Belt and Road" construction and strengthening the development strategy docking and pragmatic cooperation with countries along the route, China’s wisdom, ideas and cultural soft power have also been extended to countries along the route, gradually forming a cultural integration circle, learning from each other, and cross-cultural exchanges have further promoted the communication between China and countries along the route, further promoted the globalization process, and brought new vitality and vitality to the global economy.
The supreme leader pointed out that the construction of the "Belt and Road" has taken solid steps. We must take advantage of the situation and follow the trend to promote the construction of the "Belt and Road" and move towards a better future. The "One Belt, One Road" international cooperation summit forum will further add new China wisdom and motivation to the process of globalization, and contribute to China’s global governance plan, which will bring the "Belt and Road" construction into a new stage of version 2.0.