Macro

Support Hong Kong's participation in the Belt and Road Initiative

Seetao 2022-07-01 08:49
  • So far, China has signed more than 200 cooperation documents with 149 countries and 32 international organizations
  • In-depth participation in the joint construction of the Belt and Road will better integrate and serve the overall development of the country to achieve Hong Kong's prosperity and development
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"2022 marks the 25th anniversary of Hong Kong's return to the motherland, and the practice of 'one country, two systems' has entered a new stage. The central government has high hopes for the new Hong Kong SAR government, and all sectors of Hong Kong are also full of expectations." At the series of themed press conferences, Su Wei, Deputy Secretary-General of the National Development and Reform Commission, said that he will fully support Hong Kong to give full play to its strengths and advantages, consolidate and enhance its competitive advantages, deeply participate in the joint construction of the Belt and Road, and better integrate into and serve the development of the country. To achieve the prosperity and development of Hong Kong in the overall situation.

Su Wei also introduced that over the past nine years, the Belt and Road Initiative has adhered to the principle of extensive consultation, joint contribution and shared benefits, adhered to the concepts of openness, greenness and integrity, and strived to achieve high standards, sustainability, and people's livelihood goals. Enhanced, and achieved solid and heavy achievements.

Su Wei, Deputy Secretary-General of the National Development and Reform Commission, said that the National Development and Reform Commission will fully support Hong Kong to give full play to its strengths and advantages, consolidate and enhance its competitive advantages, and deeply participate in the joint construction of the Belt and Road Initiative.

The circle of friends has been continuously consolidated. The joint construction of the Belt and Road continues to consolidate and expand the scope of cooperation. So far, China has signed more than 200 cooperation documents with 149 countries and 32 international organizations, and the alignment of strategic plans has been deepened. The joint construction of the Belt and Road has been written into the outcome documents of multilateral mechanisms such as the United Nations, the G20, the Asia-Pacific Economic Cooperation, and the Shanghai Cooperation Organization.

Infrastructure connectivity has yielded fruitful results. A large number of cooperation projects have taken root, the China-Laos Railway has been put into operation across the board, and the volume of passenger and freight traffic has grown steadily; the Beno section of the Hungary-Serbia Railway in Serbia has been successfully opened to traffic; the longest tunnel of the Jakarta-Bandung high-speed railway has been fully opened; Gwadar Port has become a regional logistics provider hub and port-side industrial base. The China-Europe Railway Express has opened up a new Asia-Europe land transportation channel. As of May 2022, the China-Europe Railway Express has operated 55,493 trains and transported 4.8 million TEUs of goods, providing strong support for ensuring the stability and smoothness of the international supply chain and industrial chain, especially During the epidemic, the freight volume increased against the trend, showing strong development resilience, and became a flagship project and star brand in the joint construction of the Belt and Road.

Economic and trade exchanges and cooperation continue to develop. The joint construction of the Belt and Road has continued to expand the international market. As of May 2022, China’s trade in goods with countries along the route has accumulated to about US$11.8 trillion, and non-financial direct investment in countries along the route has exceeded US$140 billion. China has signed a total of 32 co-constructed countries and regions to sign the mutual recognition agreement of certified business operators (AEO), and the level of trade and investment liberalization and facilitation has continued to improve.

International cooperation in emerging fields continues to expand. The international cooperation in digital and innovation has many bright spots, actively participates in global anti-epidemic cooperation, and cooperates with co-construction countries in vaccine production, making positive contributions to bridging the "immunization gap". Practice the concept of green development, and issue and implement policy documents such as the Opinions on Promoting the Green Development of the Belt and Road Initiative.

The diversified investment and financing system has been continuously improved. The investment and financing channels for the joint construction of the Belt and Road have been continuously expanded, and the "Guiding Principles of Belt and Road Financing" and "The Belt and Road Green Investment Principles" have been steadily promoted, effectively expanding the financial integration of the joint construction of the country. The business volume and influence of the RMB Cross-border Payment System (CIPS) are steadily increasing.

People-to-people and cultural exchanges and cooperation continue to expand. The joint construction of the Belt and Road has formed a multi-interactive people-to-people exchange pattern. More than 10 cultural exchanges and educational cooperation brands such as "Luban Workshop" have been gradually established; the Silk Road International Theatre, Museum, Art Festival, Library and Art Gallery Alliance, Belt and Road All the way, the International Science Organization Alliance and other organizations are running well, which has effectively enhanced the communication, understanding and recognition between different cultures. Editor / Xu Shengpeng


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