BRI a big business that benefits people in all participating countries

Photo taken on June 14, 2018 shows the construction site of a Chinese-funded national stadium at the Morodok Techo National Sports Complex in Phnom Penh, Cambodia. (Xinhua)

In Pakistan, the China-Pakistan Economic Corridor is well underway and power projects within it have enlightened many local families.

In Uzbekistan, the Kamchiq tunnel along the Angren-Pap railway line built with Chinese technologies, ended the story when Uzbeks had to detour to another country for inland transportation.

In the Horn of Africa, the Chinese-built Addis Ababa-Djibouti railway has given landlocked Ethiopia faster access to the sea, attracting more businesses and creating more jobs for the country African.

The past nine years prove that the Belt and Road Initiative (BRI) is a great undertaking that benefits the people of all participating countries.

On September 7, 2013, Chinese President Xi Jinping proposed building a Silk Road Economic Belt during his visit to Kazakhstan, and on October 3 of the same year, he called for the construction of a Silk Road Economic Belt. 21st century maritime silk in Indonesia.

Over the past nine years, the BRI has made tangible and fruitful progress, becoming the largest and most comprehensive platform for international cooperation in the world. It has been joined by 149 countries and 32 international organizations, showing strong vitality.

The ultimate goal of China’s proposed initiative is to provide a better life for people in all countries.

Xi noted at the opening ceremony of the 2nd Belt and Road Forum for International Cooperation that “we should adopt a people-centered approach, prioritize poverty reduction and the creation of jobs to see that the joint pursuit of cooperation with the Belt and Road will bring real benefits to the people of the participating countries and contribute to their social and economic development.We must also ensure the commercial and fiscal sustainability of all projects so that they achieve the planned objectives as planned.

The BRI raises the standard of living of people in participating countries. The Tana Beles sugar factory in Ethiopia has created tens of thousands of local jobs; farmers growing Chinese hybrid rice in Mozambique have embraced big harvests; and a series of training facilities have been built by China in Cambodia, Algeria and Djibouti to improve the careers of local workers.

Over the past nine years, livelihood projects under the BRI framework have brought clean water, safe electricity, stable jobs and a happy life to more and more people in the countries. attendees. As long as the Belt and Road countries continue their efforts, the BRI can lift more people out of poverty and make global development more balanced.

The BRI boosts the development of participating countries. When the China-Maldives Friendship Bridge was opened to traffic, residents said the bridge gave them the opportunity to create a better future; When the Chinese-built Peljesac Bridge was put into operation in Croatia, Croatian Prime Minister Andrej Plenkovic said it was a day of historical significance for his country and the bridge was a centuries-old dream that was realized for his country; China-Europe freight trains have planned 82 routes that connect 200 cities in 24 European countries.

Over the past nine years, the cost of trading raw materials, capital, information and technology has been greatly reduced for the Belt and Road countries, which has effectively promoted the orderly flow of inter-regional resources and optimized resource allocation. Improved connectivity, helping “forgotten corners” around the world to better integrate into global industrial, supply and value chains, has made win-win outcomes possible.

The BRI drives global development. According to a World Bank report, trade will increase by 2.8-9.7% for economies along the Belt and Road and 1.7-6.2% for the world. The increase in trade is expected to boost global real income by 0.7% to 2.9%, according to the report.

According to World Bank forecasts, if all BRI transport infrastructure projects are realized, by 2030 the BRI will generate $1.6 trillion in revenue for the world, or 1.3% of GDP global. Up to 90% of revenues will go to partner countries. Facts have proven that the Belt and Road is a path to common prosperity.

The splendid picture of win-win cooperation of the Belt and Road includes not only railways and factories, but also smiles on the faces of people in participating countries.

By continuing to move forward on the road of opportunity and development, the world can achieve a bright and harmonious future.