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Belt And Road Initiative Case Study

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Belt And Road Initiative Case Study
When Chinese President Xi Jinping visited Central Asia and Southeast Asia in September and October of 2013, he initiated jointly building the Silk Road Economic Belt and the 21st-Century Maritime Silk Road (hereinafter referred to as the Belt and Road Initiative). In March 2015, Chinese National Development and Reform Commission, Ministry of Foreign Affairs, and Ministry of Commerce jointly released the Vision and Actions on Jointly Building the Silk Road Economic Belt and the 21st-Century Maritime Silk Road.
Why the Belt and Road Initiative
The impact of the global financial crisis remains, and the world economy is recovering slowly. The international trade and investment landscape and rules for multilateral trade and investment are undergoing …show more content…
The connectivity projects of the Initiative will help align and coordinate the development strategies of the countries along the Belt and Road, tap market potential in this region, promote investment and consumption, create demands and job opportunities, and enhance people-to-people and cultural …show more content…
China will work with countries along the Belt and Road to improve the connectivity of infrastructure construction plans and technical standard systems, push forward the construction of international trunk passageways, and form an infrastructure network connecting all sub-regions in Asia, and between Asia, Europe and Africa. Specific areas of work include:
• Giving priority to linking up unconnected road sections, removing transport bottlenecks, advancing road safety facilities and traffic management facilities and equipment, and improving road network connectivity.
• Building a unified coordination mechanism for whole-course transportation, increasing connectivity of customs clearance, reloading and multimodal transport between countries, and gradually formulating compatible and standard transport rules, so as to realize international transport facilitation.
• Pushing forward port infrastructure construction, building smooth land-water transportation channels, advancing port cooperation, increasing sea routes and the number of voyages, and enhancing information technology cooperation in maritime
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