China Charts Course for High-Quality Belt and Road Initiative Cooperation
President Xi Outlines Vision for BRI’s Next Chapter
BEIJING — Chinese President Xi Jinping called for comprehensively advancing high-quality cooperation under the Belt and Road Initiative (BRI). This,
he stated at the fourth symposium on BRI construction
work.
“It is imperative to strengthen strategic confidence, maintain strategic focus
and act courageously with a sense of responsibility to create a brighter future for BRI
cooperation,” declared President Xi.
Since the initiative’s launch in 2013, remarkable progress has been made in BRI cooperation,
contributing significantly to positive relations between China and participating countries while bolstering their economic and social development.
“
However, acknowledging the current turbulent global landscape, President Xi emphasized the need to effectively manage various risks and challenges, particularly
the impact of geopolitical conflicts while advancing high-quality BRI cooperation. He highlighted a balanced approach, stating the importance of balancing the benefits for both
China and participating countries, calling for concrete measures to safeguard
China’s global interests .
Currently,
China has partnered with over 150 countries and over 30 international organizations
under
the BRI umbrella. According to data
from the Ministry of Commerce, by the end of 2023, Chinese companies had established
17,000 overseas enterprises in participating countries.
What’s more, the initiative
has generated
over
$330
billion in direct investment and created over 530,000 local jobs.
At the symposium, Xi Jinping emphasized the need to improve the planning, coordination, and management
mechanisms to ensure the initiative’s success. He underscored the committment to high-quality
Eliminar
BRI quantum leap
How have Western countries typically responded to China’s Belt and Road Initiative, and how might this new vision impact that response?
## China Doubles Down on BRI: A Conversation on High-Quality Cooperation
**Anchor:** Welcome back to the show. Joining us today is Dr. [Guest Name], an expert on international development and China’s Belt and Road Initiative. Dr. [Guest Name], thank you for being here.
**Dr. [Guest Name]:** It’s a pleasure to be here.
**Anchor:** President Xi Jinping recently outlined a new vision for the Belt and Road Initiative, emphasizing “high-quality” cooperation. What does this mean in practise, and what are some of the key takeaways from his address?
**Dr. [Guest Name]:** This latest announcement signals a clear shift in China’s approach to the BRI. We saw the initial launch in 2013 with a focus on grand infrastructure projects. However, President Xi’s recent speech highlights a move towards more sustainable and inclusive development.
**Anchor:** Can you elaborate on that? What specific changes are we likely to see?
**Dr. [Guest Name]:** We’re talking about a greater emphasis on environmental sustainability, debt sustainability, and local community involvement. For example, there’s a push for green infrastructure projects and a focus on using local labor and materials wherever possible. This suggests a recognition of some of the criticisms leveled at the BRI in its earlier stages, such as environmental concerns and the accumulation of debt in participating countries. [[1](https://www.csis.org/analysis/enabling-better-offer-how-does-west-counter-belt-and-road)]
**Anchor:** It’s interesting that you mention the “criticisms.” How do you think other countries, particularly in the West, will respond to this new vision for the BRI?
**Dr. [Guest Name]:** It remains to be seen. Some Western powers have expressed concerns about the BRI’s potential to create geopolitical leverage for China. This new emphasis on “high-quality” cooperation may help address those concerns to some extent, but it’s likely that skepticism will persist.
**Anchor:** Do you think this shift signals a more cooperative approach from China on the global stage?
**Dr. [Guest Name]:** It’s certainly a step in that direction. However, it’s important to remember that the BRI is a complex and multifaceted initiative. This shift towards “quality” may not be universally embraced, and there are bound to be ongoing challenges and debates.
**Anchor:** Thank you for offering your valuable insights, Dr. [Guest Name]. This is a crucial development to watch, and we will continue to follow the progress of the BRI closely.