Opportunity and win-win situation – Boao’s voice of high-quality joint construction of the “the Belt and Road”

The 2024 annual meeting of the Boao Forum for Asia with the theme of “Asia and the world: common challenges, common responsibilities” was held in the coastal town of Boao, and the high-quality co construction of the “the Belt and Road” became a hot topic among guests at this forum’s annual meeting.

Participants believed that the high-quality joint construction of the “the Belt and Road” has created a series of opportunities for the joint construction of the country by strengthening connectivity.

Fengwan Utawen, Vice Minister of the Ministry of Planning and Investment of the Lao People’s Democratic Republic, who attended the 2024 annual meeting of the Boao Forum for Asia, said that the opening and operation of the China Laos Railway is one of the fruitful results of the joint construction of the “the Belt and Road”, which has created a lot of employment opportunities for local people, attracted more foreign investment, and promoted the expansion and upgrading of various industries along the railway and international economic and trade exchanges.

Turning to the development dividends brought to Belarus by the joint construction of the “the Belt and Road”, Andrei Kalton, the first deputy minister of the Ministry of Economy of the Republic of Belarus, said: “Belarus has always been an active participant in the joint construction of the” the Belt and Road “, from which it has obtained real development opportunities, and the China Belarus Industrial Park is the best example.”

Kaltong said that the landing of Chinese enterprises in the China Belarus Industrial Park has not only promoted economic and trade cooperation between Belarus and China, but also helped Chinese products “go global”. The high-quality joint construction of the “the Belt and Road” is mutually beneficial and win-win.

The 2024 Annual Report on Asian Economic Prospects and Integration Process released by the Boao Forum for Asia on the 26th pointed out that, as an important platform for global development governance, the joint construction of the “the Belt and Road” has always adhered to the development orientation, achieved fruitful development results, and played an important role in promoting the joint development of countries.

Taking advantage of the high-quality construction of the “the Belt and Road” initiative, Chinese enterprises are taking a more solid step of “going global”.

“We have always focused on the development needs of the ‘the Belt and Road’ co construction country, provided green and low-carbon transformation plans, and constantly polished the green background of high-quality co construction of the ‘the Belt and Road’,” said Zhou Xiaoneng, chief economist of China Energy Construction Corporation.

China has actively promoted the establishment of the “the Belt and Road” green and low-carbon development cooperation mechanism, jointly launched the “the Belt and Road” green development partnership initiative with 31 co construction countries, actively helped the co construction countries to strengthen green talent training, and implemented the “Green Silk Road Messenger Plan”, which has trained more than 3000 people for more than 120 co construction countries.

Zeng Congqin, director of the Boao Forum for Asia and chairman of Wuliangye Group (Holdings), said that as a typical representative of Chinese Baijiu, Wuliangye made full use of the valuable opportunities of the “the Belt and Road”, constantly accelerated the pace of “going out”, and gathered consensus and joint forces for high-quality joint construction of the “the Belt and Road” through trade, culture and other communication activities. These are concrete practices of the “small and beautiful” project.

Cheng Gang, chairman of Beijing Kanglisheng Pharmaceutical Technology Development Co., Ltd., said that the world is a global village, and the joint construction of the “the Belt and Road” provides a platform for enterprises to communicate with the world and show themselves. With such a platform, enterprises are more likely to “go global”.

According to the data of the Ministry of Commerce of China, in 2023, Chinese enterprises will invest 224.09 billion yuan in non-financial direct investment in the “the Belt and Road” countries, an increase of 28.4% over the previous year. In terms of foreign contracting projects, the newly signed contract value of Chinese enterprises in the “the Belt and Road” countries was 160073 billion yuan, up 10.7%; Completed a turnover of RMB 93.052 billion, an increase of 9.8%.

In the view of Kiril Babayev, director of the Institute of China and Modern Asia Studies of the Russian Academy of Sciences, the success of high-quality joint construction of the “the Belt and Road” lies in the possibility of exploring cooperation in various fields. In the future, Babayev hopes to contribute to actively promoting the joint construction of the “the Belt and Road” initiative and the docking of the Eurasian Economic Union.

Babayev said that the high-quality joint construction of the “the Belt and Road” will open up many new areas of cooperation and bring more new development opportunities for the joint construction of the country. (Participating writer: Xu Shihao)