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China to build multidimensional Belt and Road network, support open world economy
CGTN
China-Kazakhstan international logistics base at Lianyungang, east China's Jiangsu Province, October 16, 2023. /CFP
China-Kazakhstan international logistics base at Lianyungang, east China's Jiangsu Province, October 16, 2023. /CFP

China-Kazakhstan international logistics base at Lianyungang, east China's Jiangsu Province, October 16, 2023. /CFP

China will build a multidimensional Belt and Road connectivity network and support an open world economy, Chinese President Xi Jinping said at the opening ceremony of the third Belt and Road Forum for International Cooperation in Beijing on Wednesday.

He noted that China, together with other parties, will build a new logistics corridor across the Eurasian continent linked by direct railway and road transportation.

"We will vigorously integrate ports, shipping and trading services under the 'Silk Road Maritime,' and accelerate the building of the New International Land-Sea Trade Corridor and the Air Silk Road," he said.

Xi also said that China will build pilot zones for cooperation in e-commerce with the Belt and Road Initiative partners and enter into free trade agreements and investment protection treaties with more countries. 

"We will remove all restrictions on foreign investment access in the manufacturing sector," he said.

In the 2024-2028 period, China's total trade in goods and services is expected to exceed $32 trillion and $5 trillion, respectively, Xi noted.

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