While a surge of anti-globalization sentiment in Western countries casts a shadow on the Hamburg summit of the Group of 20 (G20) major economies to be held on July 7-8 in Germany, the China-proposed Belt and Road Initiative inspires the group with new ideas of cooperation.
Projects brought by the Belt and Road Initiative will create development opportunities for the countries and regions involved, which is a new engine for world economic growth, Lisa Robins from the Deutsche Bank said in Dalian Wednesday.
Malaysian officials and experts agreed at an international forum on Belt and Road Initiative held in Kuala Lumpur Thursday that the China-proposed initiative has provided much scope for cooperation.
Visiting Iranian Deputy Foreign Minister Ebrahim Rahimpour said that Iran supports the Belt and Road Initiative, and expects to conduct practical cooperation within the initiative's framework.
Nepali stakeholders have said that Nepal's participation in China-proposed Belt and Road Initiative has opened window of many opportunities in the areas of trade and investment.
As the world lauded the achievements of the Belt and Road Forum for International Cooperation earlier this month in rebalancing economic globalization, China's approach to global governance and development is becoming ever more evident via win-win cooperation.
After a long dialogue between Nepal and China, the two sides signed a historic Framework Agreement on Belt & Road cooperation on May 12.
China has successfully planned and executed the first ever Belt and Road Forum. It’s time now for those countries along its sea and land routes and beyond to confidently and quickly put in place and execute their own Belt and Road plans.
The China-proposed Belt and Road Initiative will see "a modern China using modern methods to create a win-win output," if diplomatic dialogue can be maintained, a British expert predicted Sunday.
The world economy is going through a turbulent time, but the Belt and Road Initiative might just rebalance the things and help restore faith in globalization.