The first of the `Four Comprehensives` Xi Jinping has put forward, that China should become a `moderately prosperous society`, is a step towards the Chinese president`s definition of the country`s final goal: `the building of a moderately prosperous society in all respects by the centenary of the CPC in 2021, and building China into a modern socialist country… by the centenary of the PRC in 2049, so as to realize the Chinese Dream of the rejuvenation of the Chinese nation.`
Chinese President Xi Jinping has advanced his vision of a "community of shared destiny" as being central for China`s foreign policy from his first visit abroad as head of state to major speeches this year at the Boao Forum and the Bandung Asian-African Summit. It stands in contrast to the "zero-sum game" concept of US neocons and others.
Further East still, OBOR is an entry point for the EU into Asia-Pacific affairs. Since the United States put forward its “return to Asia” strategy, the EU has been concerned it will be marginalised. EU efforts to accelerate the promotion of free trade agreements with Asian countries have made less-than-satisfactory progress. OBOR would make it much easier for Europe to participate in Asia-Pacific affairs.
China is currently carrying out major changes in its State Owned Enterprises (SOEs) in a framework set by the Third Plenum of the Chinese Communist Party`s current Central Committee. This resolved: "We must unswervingly consolidate and develop the public economy, persist in the dominant position of public ownership, and give full play to the leading role of the state-owned sector."
First, China should promote sustainable development in other developing countries, in Asia and beyond. The term sustainable development, of course, is not new at all, but the sad reality is that most developing countries cannot achieve this goal due to a variety of factors, including their heavy reliance on natural resources, lack of capital, and so forth. This is why so many poor countries are still stuck in the low-income trap.
Some countries believe that initiative forms a closed loop. They even draw it as a closed loop on currently popular maps. Actually it is open: a network of capital construction, investment, business and information, rolling the economic corridors into one. It emphasizes starting a new concept of regional and international cooperation for the 21st century rather than following the well-beaten track of expansionist western countries.