Paths to Prosperity: China's friendship network has expanded over past 6 years
Updated 13:50, 27-Apr-2019
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02:27
In the six years since the Belt and Road Initiative began, hundreds of countries, companies, and international organizations have signed on expanding China's network and its vision of success. CGTN's Cui Hui'ao has a look of who all have joined the BRI since its inception in 2013.
CUI HUI'AO YANQI LAKE, BEIJING "Here I'm at Yanqi Lake. Behind me is the venue where the heads of state met during the very first Belt and Road Forum back in 2017. Now, it will once again welcome distinguished guests from all around the world."
Six years since President Xi Jinping proposed the Belt and Road Initiative, a lot of friends have gotten on board. China has signed more than 170 cooperation agreements with more than 120 countries.
With regard to the "belt", there are six economic corridors under the BRI framework, among which the New Eurasian Land Bridge and the China-Pakistan Economic Corridor are considered THE most advanced.
For example, the Khorgos International Border Cooporation Center has connected the east and the west, attracting businesses, tourists, and logistics. Also, Pakistan's New Gwadar International Airport, the 230 million dollar China-funded project will link Pakistan's fast rising port city with the rest of the world.
And when it comes to the "road" or maritime Silk Road, China is now connected to over 600 ports spread out across more than 200 countries. One of the star projects, the Port of Piraeus, now serves as a significant transit hub for international trade and has also brought Greece's economy a major boost.
CUI HUI'AO YANQI LAKE, BEIJING "Then there is third-party market cooperation. For instance, China and Japan are considering developing infrastructure and energy projects in Thailand, which would bring the two sides, and the third party, tangible benefits."
In addition, China has deepened its collaboration between the Belt and Road and other development strategies. Over the past six years, the Belt and Road has created more than 240 thousand jobs outside China, with trade volume between China and BRI countries exceeding 6 trillion US dollars. Financial cooperation through the AIIB, Silk Road Fund and Chinese-funded banks contributes to the development of various projects.
CUI HUI'AO YANQI LAKE, BEIJING "Thanks to the Belt and Road, China's friendship network now spans five continents."
CUI HUI'AO, CGTN, BEIJING.