Pakistani Prime Minister Imran Khan said here that the upcoming first ever China International Import Expo (CIIE) will serve as a great opportunity for Pakistan to increase its export so as to narrow its trade deficit and earn more revenue to address its looming debt issues.
China's reform and opening-up over the past 40 years has transformed the country into the world's second largest economy and provided valuable lessons for other developing countries to achieve economic success and alleviate poverty, World Bank Group (WBG) President Jim Yong Kim has said.
The Belt and Road Initiative, a multilateral development plan proposed and led by China, is a positive contribution to the world economy, Singapore's Minister for Trade and Industry Chan Chun Sing said.
It is an important "Chinese experience" to use foreign debts to solve its transportation and energy bottlenecks that restrict its economic and social development at the time of its accelerated industrialization and urbanization.
The BRI is an open initiative, not an exclusive bloc. It aims to connect development strategies rather than seek to exclude each other. We have been working with various parties for trilateral cooperation or multi-party cooperation in the BRI framework.
Portugal and China can share information in such areas as marine scientific research, marine exploitation, and marine protection.
The initiative is an ambitious one launched in 2013 to provide bridges of trade and civilization cooperation between China and the rest of the world.
Inspired by and modeled on the ancient Silk Road, the Beijing-proposed initiative is meant to bring countries together again via infrastructure and trade links.
The railway is more economical than road or air transport, so it will enhance Argentina-made products' competitiveness in the global market.
It is working with Latin American countries to build logistics, electricity and information pathways. This is not as a means to pursue geopolitical competition, but rather as a way to realize shared ...