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The "the Belt and Road" Cooperation and Development Forum recently opened in Beijing

Release Date:

2019-08-05

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[Hong Kong Business Daily Online News] Reporter Zhang Lijuan reported that the 9th 'Roundtable Conference of Leaders of International Multinational Corporations' and the 'the Belt and Road' Cooperation and Development Forum jointly sponsored by the China Association for the Promotion of International Multinational Corporations, the United Nations Development Programme and others recently opened in Beijing. Under the profound adjustment of the global economic pattern, the enthusiasm of multinational companies to participate in the 'the Belt and Road' has increased. Experts at home and abroad believe that the 'the Belt and Road Initiative' will give every participating country and enterprise equal opportunities, and Chinese and foreign multinational companies should work together to give play to their respective advantages, jointly develop markets, and achieve win-win results.


The 9th 'Roundtable Conference of Leaders of International Multinational Corporations' and the 'the Belt and Road' Cooperation and Development Forum jointly hosted by the China Association for the Promotion of International Multinational Corporations, the United Nations Development Programme and other organizations recently opened in Beijing. Tian Jinchen, Director of the Department of Western Development of the National Development and Reform Commission and Head of the Comprehensive Group Office of the 'the Belt and Road' Construction Leading Group, said that the 'the Belt and Road' initiative has achieved initial results in the past three years. More than 100 countries and international organizations have expressed an active attitude to participate. The 'the Belt and Road' initiative was first included in a recent resolution of the United Nations General Assembly, indicating the universal support of the international community for the 'the Belt and Road' initiative. At present, China has signed more than 40 agreements with relevant countries and international organizations to jointly build the 'the Belt and Road'. In addition, China has carried out institutionalized international production capacity cooperation with more than 20 countries, involving ten key areas such as steel, equipment manufacturing, automobiles, and electronics.


According to Tian Jinchen, the investment of Chinese enterprises in countries along the route and the investment of countries along the route in China have shown a significant growth trend. In 2015, Chinese enterprises directly invested over 14.8 billion US dollars in 49 countries along the route, an increase of 18.2% year-on-year; Countries along the route invested over 8.4 billion US dollars in China, an increase of 23.8% year-on-year. He suggested that Chinese and foreign multinationals should work together to combine the rich resources and human capital of countries along the 'the Belt and Road' with China's advantageous production capacity and advanced technology and management experience of developed countries to jointly develop markets and achieve mutual benefit and win-win results.


UN Secretary General Ban Ki moon said in his congratulatory letter that the 'the Belt and Road' initiative provides a platform for global economic development and regional cooperation, and will play a positive role in promoting smooth trade, financial cooperation and people to people exchanges. He Peide, Deputy Country Director of the United Nations Development Programme's Representative Office in China, also said that since the international financial crisis, the original growth model of the world economy has been impacted, and new growth drivers and patterns have not yet been formed. It has become a broad consensus to strengthen international cooperation and policy coordination, and jointly respond to crisis challenges. Through the joint construction of the 'the Belt and Road', we will carry out cross-border connectivity, promote international cooperation in production capacity and equipment manufacturing, and improve effective supply Promoting new demand will be beneficial for promoting global economic rebalancing. Jointly building the 'the Belt and Road' is a new Chinese plan to promote global economic recovery and achieve common prosperity, and is a Chinese wisdom of mutual learning and building. '


'One weakness of the last round of globalization is that it did not benefit everyone, while frameworks such as the 'the Belt and Road' and the Asian Infrastructure Investment Bank are significantly more inclusive, which can give equal opportunities to every participating country and enterprise.' Claire Pearson, president of the British Chamber of Commerce in China, said that if the the Belt and Road can succeed in the future, it will be China's contribution to the world, The UK is also pleased to be a strong partner of the 'the Belt and Road' initiative.


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