Joint building of the Belt and Road has opened up new space for the world's economic growth, created a new platform to boost international trade and investment, expanded new practices to optimize the global economic governance, and made new contributions to improving people's well-being of all countries.
China will negotiate and sign high-standard free trade agreements with more countries.
Infrastructure is the cornerstone of connectivity and a bottleneck of development confronting many countries. Building infrastructure of high quality, sustainability, risk resilience, reasonable pricing, inclusiveness and accessibility could help countries give full play to their advantages in resources and better integrate into the global supply, industry and value chains for interconnected development.
A total of 10,000 representatives of political parties, think tanks and non-governmental organizations from countries participating in the Belt and Road Initiative will be invited to China for exchanges in the next five years.
China will support 5,000 people from innovation sector in Belt and Road countries in conducting exchanges, training programs and joint researches in the next five years.
China will work with other participants of the Belt and Road Initiative to promote scientific and cultural exchanges, set up joint science labs, build science and technology parks, and promote transfer of technologies.
China will work with other parties to promote a coalition of sustainable cities and an international coalition for green development under the Belt and Road Initiative.
China will allow foreign investors to operate businesses in more sectors with controlling or full stake, and roll out a new batch of pilot free trade zones.
China attaches great importance to the establishment of a constraint mechanism for the fulfillment and implementation of international agreements, and the modification and improvement of laws and regulations in accordance with the need of further opening-up.
China will further lower its tariff rates and continuously open up its market and welcome quality products from around the world. The country is willing to import more competitive farm produces, finished products and services.
China will create a business environment in which the value of knowledge is respected. The country will step up protecting the legitimate rights and interests of foreign owners of intellectual property rights, and prohibit the forced transfer of technology.
China will not engage in beggar-thy-neighbor currency devaluation. China will continue to improve the exchange rate formation mechanism of its currency, the renminbi, and keep the exchange rate generally stable on a reasonable and balanced level.
All countries should create a sound investment environment, and treat Chinese enterprises, students and scholars abroad as equals, providing a fair and friendly environment for them to carry out normal international exchanges and cooperation.
In advancing the Belt and Road Initiative, we should transition from making high-level plans to intensive and meticulous implementation, so as to realize high-quality development, bring benefits to local people, and build a global community of shared future.
The Belt and Road Initiative is aimed at achieving true common prosperity instead of the mere satisfaction of self-interests.
In promoting the Belt and Road Initiative, China will follow the principle of wide consultation, joint contribution and shared benefits. The programs of development will be open and inclusive, not exclusive. They will be a real chorus comprising all countries along the routes, not a solo for China itself.
If the “Belt and Road” are likened to the two wings of a soaring Asia, then connectivity is like their arteries and veins.