The Belt and Road Initiative (BRI) has received wide participation and attention from the world since it was proposed six years ago. It is expanding its “circle of friends” and achieving more and more progress.
Xi’s speech has sent a strong message that China’s future and the BRI are now closely linked, reassuring the world that the BRI is not a short-term goal, but a sustainable and beneficial development plan for the whole world.
The cooperation scheme of "six corridors and six channels serving multiple countries and ports" under the China-proposed Belt and Road Initiative (BRI) has been formed, and a large number of cooperation projects have materialized, Chinese President Xi Jinping announced on Friday.
This is an important year for Europe as economic slowdown is likely - the IMF projects EU growth will fall to 1.6 percent in 2019. Regarding major external influences which can improve or worsen this situation, the US will also slow, the IMF projecting a decline in growth from 2.9 to 2.3 percent, while China's growth is expected to be far higher at 6.0-6.5 percent.
With the second Belt and Road forum for International Cooperation opening this week, the BRI has been thrust into the media limelight. What has been achieved in the past five years since the initiative was first put forward? How to turn the BRI vision into reality? Five Years of the Belt and Road Initiative is a book series co-published by Chongyang Institute for Financial Studies, Renmin University of China and Foreign Language Press, analyzing the initiative from the perspectives of policy communication, infrastructure connectivity, trade connectivity, financial integration, and people-to-people connectivity. Here is an excerpt of the episode on people-to-people connectivity.
The City of London Corporation's Green Finance Initiative (GFI), in partnership with China's Green Finance Committee (GFC), announced today that 27 firms from around the world have signed up to a set of green finance guidelines for the Belt and Road Initiative (BRI).
On July 7, 2020, the Chongyang Institute for Financial Studies, Renmin University of China (RDCY) released the report "China can deal with the US: scholars” which surveyed 100 Chinese scholars. Of all the surveyed Chinese scholars, 62 percent believe that the US is indeed waging a new cold war against China. But more than 90 percent believe that China is capable of coping well with the new cold war offensive by the US. The video produced by CGTN T-House has cited the research result of the report.