Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Monday, February 19, 2018 02:08:54 AM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

Would 'Belt and Road' cultivate new growth impetus?

By
18th-May-2017       
Comments
Share your thought
Post a comment »
Read all () »

Yang Yanyi :
It has attracted broad participation of some 1,500 officials, scholars, entrepreneurs and people from financial institutions and media from more than 130 countries, principals and representatives from over 70 international organizations.
Of the 29 heads of state and government to attend the Forum, quite a number are from Europe. Vice-President of the European Commission Mr Jyrki Katainen will be also attending.
At a time when the foundation for global economic recovery is not solid, trade investment remains weak, and growth impetus unstable, this Forum, with "Strengthening International Cooperation and Co-building the 'Belt and Road' for Win-win Development" as its central theme,  will offer an excellent opportunity to take stock of what has been achieved and most importantly to consolidate closer and stronger partnership, and draw strengths to upgrade infrastructure construction and connectivity to cultivate new growth impetus.
It is fair to say that China and Europe share much in common in pursuing shared growth, development and connectivity including through the "Belt and Road" initiative and have come up with a proud record so far.
Back in 2015, at the 17th China-EU Summit, China and the EU reached important agreement to support synergies between the initiative and the Investment Plan for Europe. China and some European countries have signed inter-governmental cooperation documents and launched "Belt and Road" working group mechanism to jointly advancing the initiative.
China and 16 Central and Eastern European (CEE) countries have worked closely to enhance cooperation within the "Belt and Road" initiative and 16+1 framework.
As concrete steps to promote seamless traffic flows and transport facilitation, China and the EU signed an MOU on establishment of a Connectivity Platform. China launched rail freight service with some European countries.
Bilateral or trilateral cooperation in such areas as railway, ports, airports, power, transportation and logistics between China and European countries have also gathered momentum.
To implement their Joint Statement on 5G telecommunications, China and the EU are joining hands to deepen dialogues and cooperation in areas of ICT. To develop practical financial avenues for mutually beneficial co-operation, China and the EU agreed to set up a co-investment fund. Early this year, China became the 67th member of the European Bank of Reconstruction and Development (EBRD). The EU and many of its member states have shown strong interest and support to cooperate with the Asian Infrastructure Investment Bank (AIIB).
The past years have witnessed three China-EU High-Level People-to-People Dialogues (HPPD) and expansion of academia exchanges, strengthening cooperation in the cultural field and increasing communication between think tanks, academics and journalists. The mobility of our peoples has been also greatly promoted. In short, even though the initiative is relatively new and road ahead is challenging, it has captured imaginations and made a good start and solid progress.
Now, with the highly-anticipated Forum approaching, interest in exploring and collaborating in potential areas of cooperation between China and the EU to create fresh energy for pursuing interconnected development is growing. To contribute to the ongoing efforts and deliberations, I wish to make some humble observations.
First, the "Belt and Road" initiative is guided by the spirit of openness and constructive cooperation. Against rising protectionist and anti-globalization sentiments around the world, it is in all our interests that China and the EU stay committed to free trade and economic openness, to a rules-based, transparent and fair international trading regime and order; and join in our shared desire to open up markets, oppose protectionism and secure greater connectivity and economic development and prosperity.
Second, the initiative is a win-win formula and not a one-state show. The notion that this project is designed to access new markets for China and presents a challenge and even "threat" to the future of Europe is wrong and unwarranted, as it neglects the many facets of the initiative and overlooks the fresh perspectives it will bring to European integration.
Being open, transparent, harmonious and inclusive, the initiative is an invitation to all countries along the routes. All participants have the opportunity to join in the design of its objectives and goals, build synergies between their development strategies with this initiative, explore options for cooperation, contribute to the improvement of mechanisms and share the benefit of the project. Third, it is high time that China and the EU capitalize on the new and exciting opportunities and gear up to deliver on the initiative.
We are more than ready to add new dimensions to our cooperation. For instance, given that China has embarked on an ambitious transition to a new model of economic development based on innovation, and innovation remains essential in European integration process, we should make it a high priority to enhance cooperation in science and technology and innovation.
There is also the need to further promote cooperation between small and medium-sized enterprises (SMEs) and give full play to their role as principal driving forces in economic development and regional integration.
Last but not least, it is hoped that at the upcoming BRF and the 19th China-EU Summit, China and the EU will send out this positive message loud and clear: as two important factors for the maintenance of world peace and promotion of common development and prosperity, China and the EU will shoulder the shared responsibility to promote the construction of a more fair, reasonable and balanced global governance system under the concept that features openness and inclusiveness and win-win cooperation, and that together we can make a difference.
(H.E. Ambassador Yang Yanyi is head of the Chinese Mission to the EU).

Tariff
Add Rate

News Archive

Inside The New Nation

Editorial »

Cleansing operation to stop leakage of question


QUESTION leakage during the ongoing SSC examination showed that the government has no power and the Education Ministry has no control over the corrupt people handling the question papers. So far questions of all 10 tests were openly available around the examination centers in Dhaka city and other places from ...

Sports »

Simidele Adeagbo of Nigeria reacts in the finish area after the final run of the women's skeleton competition at the 2018 Winter Olympics in Pyeongchang, South Korea on Saturday.


Entertainment »

Rekha Rana to be a part of Hollywood Television Series, Be Great!


Rekha has been recently shooting for a Hollywood television series, Be Great!. She is Pretty much Excited and happy to be a part of the Television Series which is going to showcase true stories and also the fact that the series is very inspiring. Rekha saw early potential in 'Be ...

International »

Russian election plot touched even minor Trump supporters


AP, West Palm Beach :The request was simple: organize or attend a sign-waving rally supporting Donald Trump. But some of the Florida Republicans on the receiving end of those requests now know that they didn't come from Republican allies, but from Russian adversaries.Caught up in an elaborate Russian plot without ...

City »

Bangladesh Chhatra Moitri formed a human chain in front of the Jatiya Press Club on Sunday in protest against leakage of question papers.


Editorial »

More than Suu Kyi, the Generals deserve punishment first


THE UN special envoy on Thursday said, Myanmar's Aung San Suu Kyi has clearly failed to stand up for the Rohingyas, and can well be held accountable for crimes against humanity. To a greater extent the UN envoy is correct. While talking to a news channel, the UN envoy also ...

Cricket »

Tamim to play in 2nd T20I against Sri Lanka


Sports Reporter :Dashing opener Tamim Iqbal will play for Bangladesh in the second and final Twenty20 International Cricket match against Sri Lanka at Sylhet International Cricket Stadium in Sylhet today. The match starts at 5.00 pm.Captain of Bangladesh team Mahmudullah Riyad said, " Tamim's condition is now pretty good. I ...

Entertainment »

Jennifer Winget back with `Bepannah`


Indian television's popular face Jennifer Winget has a huge fanbase-thanks to her impeccable acting prowess. Her performances on the silver screen have always made her a winner and after swooning the viewers in 'Beyhadh', the actress is back with a new TV show.Jennifer's new television show is titled 'Bepannah' and ...

City »

Home Minister Asaduzzaman Khan distributing Bangladesh Coastguard Medals among the officials and employees of Bangladesh Coastguard at a ceremony organised recently at its Headquarters in the city 's Agargaon.


International »

Former playboy model alleges affair with Trump


AFP, Washington :A second woman has made allegations of an affair with Donald Trump, describing complex legal and financial agreements in an alleged bid to cover it up.Former Playboy model Karen McDougal claims that she and Mr Trump had a sexual relationship in 2006, months after first lady Melania Trump ...

Editorial »

Uncomfortable truth about meeting the wrong persons


The European Union's involvement in holding our national polls goes back more than a couple of decades.  As one may expects, this time also the political and economic union of 28 member states expects for an all-inclusive, free and fair polls to take place in Bangladesh. Last Wednesday a European ...

Entertainment »

Trolls affect our family, friends: Zareen Khan


Zareen Khan says she is glad that her mother is not on social media as she will get disturbed with the way her daughter gets trolled. "Trolls don't realise that whatever they write not only affects us but also affects our family and friends. I am very thankful for the ...

Sports »

Korean `Iron Man` Kim wins historic Olympic skeleton gold


AFP, Pyeongchang :South Korea's Yun Sung-bin made history Friday as he became Asia's first Olympic skeleton champion after completely dominating the daredevil event in Pyeongchang.Roared on by the home crowd on the start of a lunar new year observed in Korea, the 23-year-old stormed to his country's second gold medal ...

City »

The main road of the city`s Hazipara is in sorry state for the free movement of pedestrians and also passengers. The situation remains the same for long, but the authority concerned seemed to be blind to repair the road for the convenience of road users. The snap was taken on Friday.


.

International »

Desmond Tutu quits Oxfam role over charity`s sex scandal


AFP, Johannesburg :Retired archbishop and Nobel laureate Desmond Tutu announced Thursday that he had quit his role as an ambassador for Oxfam after the British charity was hit by sexual misconduct allegations."The Archbishop is deeply disappointed by allegations of immorality and possible criminality involving humanitarian workers linked to the charity," ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news