Belt and Road Initiative
The Belt and Road Initiative -- China’s proposal to build a Silk Road Economic Belt and a 21st Century Maritime Silk Road in cooperation with related countries -- was unveiled by Chinese President Xi Jinping during his visits to Central and Southeast Asia in September and October 2013.
The initiative focuses on promoting policy coordination, connectivity of infrastructure and facilities, unimpeded trade, financial integration, and closer people-to-people ties through extensive consultation, joint contribution and shared benefits, with the goal of bringing benefits to all.
By the end of 2016 over 100 countries and international and regional organizations had expressed an interest in participating, and more than 40 of them had signed cooperation agreements with China.
Silk Road Economic Belt
The proposed economic belt is considered the longest economic corridor in the world -- and potentially the most dynamic -- connecting the Asia-Pacific region in the east with developed European economies in the west.
21st Century Maritime Silk Road
Starting with the launch of individual projects that are expected to help spur a wider and a strategic partnership for the South China Sea and the Pacific and Indian oceans.
Spirit of the Silk Road
Throughout the millennia, interaction along this route has shaped the Silk Road spirit, which is embodied in solidarity and mutual trust, equality and mutual benefit, inclusiveness, a disposition to learn from each other, and cooperation in finding win-win solutions.