ecns [expanded by feedex.net]
ecns
China's 'Belt and Road' initiative benefits world: experts
http://www.ecns.cn/voices/2015/10-15/184439.shtml
Oct 15th 2015, 01:59
The "Belt and Road" initiative is in China's interest, and also in the interest of the rest of the world, Daniel Rosen, Founding Partner of U.S. consulting firm Rhodium Group, said on Wednesday.
At an event titled "New Normal and China's New Role in the World Economy" in New York, Rosen told hundreds of audience that the "Belt and Road" initiative could not only benefit countries that lag behind China in the development process, but also advanced economies as well.
The initiative of the "Belt and Road", or the "Silk Road Economic Belt and the "21st Century Maritime Silk Road", was put forward by Chinese President Xi Jinping during his overseas visits in 2013 to connect Asian, European and African countries more closely and promote cooperation between them.
"For the advanced economies, China has strategically decided to deploy its resources in this manner...not fighting over an existing pie, but rather adding to the size of the pie by putting a lot of money to work around the world," said Rosen, who is also a board member of the National Committee on U.S.-China Relations.
Rosen said that the strategy can also be seen as "a new model that extends what China has learnt from its development successes and mistakes to other countries in the context of Chinese financing and support."
His words were echoed by other speakers in the event.
Zhang Lanlan, CEO of CICC US Securities, Inc., a wholly owned subsidiary of China International Capital Corporation Limited (CICC), noted that the initiative is to use China's profound experience in construction and infrastructure investments in the last decade or two to help other countries.
"It is an extension of what China was pursuing for its domestic development and also making contributions by using the competitive advantages we were able to accumulate in the last decade," Zhang said.
CPC calls on Asian political parties to promote Belt and Road
Belt & Road Initiative spurs return of overseas Chinese
Belt and Road Initiative sparks big surge in FDI
Belt and Road Initiative a golden opportunity
'One Belt, One Road' and RMB internationalization serve global interest: report
'Belt and Road' initiatives will boost trade with Arab countries: Jordan
China's consumer inflation narrows in September
Cross-Straits affairs chiefs meet in Guangzhou
Chinese suspect repatriated from UAE
LinkedIn now offering employees 'unlimited' vacation time
China to mass produce Ebola vaccine
UNESCO designates Chinese artist Han Meilin as Artist for Peace
Foreign Ministry dismisses rumor about Chinese carrier involved in Syrian military actions
Taiwan flight-transfer talks continue
China denies island building 'militarizes' South China Sea
Murray, Djokovic into Shanghai Masters third round
You are receiving this email because you subscribed to this feed at https://blogtrottr.com
If you no longer wish to receive these emails, you can unsubscribe here:
https://blogtrottr.com/unsubscribe/qhG/Zc7fXt
No comments:
Post a Comment