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Full text: The Belt and Road Initiative: A Key Pillar of the Global Community of Shared Future

Xinhua | October 10, 2023


V. Pursuing Steady and Sustained Progress in High-Quality BRI Cooperation

Experience over the past 10 years has proved that BRI cooperation responds to the call of the times and benefits the peoples in participating countries. It thus enjoys popular support. It is a path for all participating countries to achieve modernization and a path of hope leading to a bright future. It is resilient and vigorous, and offers broad prospects.

Currently, the world is in a period of turbulence and transformation. Rivalry and competition between major countries is escalating; the geopolitical situation remains tense; global economic recovery is yet to appear over the horizon; cold-war and zero-sum mentalities are resurgent; unilateralism, protectionism and hegemonism are proliferating; populism is making a noticeable resurgence. A new round of technological revolution and industrial transformation has given rise to ever fiercer competition; the deficit in peace, development, security and governance is growing; foreseeable and unforeseeable risks are rising rapidly around the globe. All of this presents unprecedented challenges to humanity.

Certain countries overstretch the concept of national security and seek "decoupling" in the name of "derisking"; they trample international economic and trade order and market rules, and endanger the security and stability of international industrial supply chains; they also impede international humanistic and technological exchanges and cooperation. Their actions raise obstacles to the long-term development of humanity. In a world full of uncertainties and instabilities, all countries should urgently bridge differences through dialogue, oppose rifts with unity, and promote development through cooperation. Against this backdrop, the BRI becomes more meaningful and is an initiative to be welcomed.

In the long term, the trends towards multipolarity and economic globalization, the trend of our times towards peace, development, cooperation and win-win outcomes, and the desire of the people of all countries for a better life will remain unchanged. So will the momentum behind the rise of developing countries as a whole and the status and responsibilities of China as the largest developing country in the world. The BRI faces some difficulties and challenges; however, its future is promising, as long as all countries can manage threats, address challenges, and advance cooperation by considering both their own long-term interests and the overall interests of humanity.

As a large and developing country that meets its responsibilities, China will continue to promote the BRI as its overarching plan and its top-level design for opening up and win-win international cooperation. It will open up on a larger scale, across more areas, and in greater depth. It will steadily expand institutional opening up with regard to rules, regulations, management and standards, and establish new mechanisms for a more open economy. It will achieve high-quality new development through opening up, and provide new opportunities for the world with that development.

China is ready to increase its resource input in global cooperation and do its best to support and help other developing countries to progress faster. It will work to achieve a greater say for emerging economies and developing countries in global governance, and contribute to the common development of all countries. China sincerely welcomes more countries and international organizations to join in cooperation under the BRI, and will support any initiative that can genuinely help developing countries build infrastructure and achieve shared progress, thereby promoting global connectivity and sustainable development. 

All countries involved in high-quality BRI cooperation are equal participants, contributors and beneficiaries. China is willing to work with all other parties to strengthen confidence, maintain resolve, and advance BRI cooperation in the spirit of extensive consultation, joint contribution and shared benefits. China hopes that all parties can consolidate the foundations, expand the reach, and optimize the projects of cooperation. Working together, all can create new opportunities, seek new drivers, create new space, and share new fruits of development. All can form closer partnerships in health, connectivity, green development, opening up, inclusiveness, innovation and clean government, and all can thereby participate in fruitful BRI cooperation and provide new and powerful impetus for building a global community of shared future. 

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