China will intensify its efforts to revive ancient trade routes this year as the country continues to develop the Belt and Road Initiative, according to a top level meeting on Tuesday.
The Belt and Road Initiative, proposed by China in 2013, is a trade and infrastructure network that includes the Silk Road Economic Belt and the 21st Century Maritime Silk Road to connect Asia, Europe and Africa.
China officially unveiled the ambitious initiative in March.
The country will push forward 6 international economic corridors and promote long-term friendly cooperation with major countries to build a community of common interests, responsibility and destiny, Chinese Vice Premier Zhang Gaoli said during the meeting.
Zhang said China will focus on jointly building a new Eurasian Land Bridge and China-Mongolia-Russia, China-Central Asia-West Asia, China-Indochina Peninsula, China-Pakistan and Bangladesh-China-India-Myanmar economic corridors.
China will also promote industrial cooperation to meet the demand of each involved country and complete key construction projects that can set examples for future work, Zhang said.
In the first half of 2015, Chinese enterprises signed construction contracts worth 37.55 billion U.S. dollars in 60 countries along the Belt and Road, up 16.7 percent year on year, according to the Ministry of Commerce.
GMT 00:49 2018 Wednesday ,24 January
Positive aviation sentiments fuel MRO industry's growthGMT 00:21 2018 Wednesday ,24 January
UAE airports face less stress from new US cargo regulationsGMT 20:06 2018 Tuesday ,23 January
Pakistan offers visa on arrival to tourists from 24 countriesGMT 22:40 2018 Monday ,22 January
RAK Police air wing carry out 135 rescue operationsGMT 21:59 2018 Monday ,22 January
Honduras roads blocked in protestsGMT 19:22 2018 Monday ,22 January
Accidents, traffic jams clog Dubai roadsGMT 17:34 2018 Monday ,22 January
Man charged for assaulting police officer at Dubai airportGMT 17:03 2018 Monday ,22 January
Gulf Air launches Bahrain tourist visa serviceMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor