Connectivity key to Belt and Road Initiative

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01:47

China has been committed to the philosophy of openness, green and integrity while promoting green infrastructure building as well as green investment and finance in an effort to protect our Mother Earth, said President Xi Jinping in his keynote speech at the opening ceremony of the second Belt and Road Forum for International Cooperation (BRF).

Xi noted that infrastructure is the cornerstone of connectivity and also remains a development bottleneck for many countries. Building high-quality, sustainable and inclusive infrastructure with high risk-resistance capability is conducive for different countries to harness the resource endowment of and better integrate into the global supply, industrial and value chain.

China will make joint efforts with different countries to build connectivity with economic corridors such as the New Eurasian Land Bridge playing the leading role, China Railway Express and other information expressways as the backbone along with railway, port and pipeline as the foundation, said Xi.

Xi stressed that China will further leverage the "Belt and Road" special loan, the Silk Road Fund and various special-purpose funds to support the operation of the multilateral financing cooperation center. China welcomes financial institutions from different countries to invest in and finance the Belt and Road Initiative and encourages third-party market cooperation to achieve mutual benefits.