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The Second Belt and Road Forum achieved 283 outcomes

發(fā)布時(shí)間:[2019-4-28 15:39:57]    瀏覽量:1956次
The second Belt and Road Forum for International Cooperation closed on the 27th. Compared with the first session, the 283 outcomes of this forum are not only more quantitative, but also of higher quality, which will facilitate the long-term and sound development of the Belt and Road Initiative.
Higher standards
High quality is first reflected in high standards. The Chinese government has stated that promoting the development of the Belt and Road Initiative to high quality requires the introduction of universally supported rules and standards, and promoting enterprises to follow universally accepted international rules and standards in project construction, operation, procurement and bidding. At the same time, we must respect the laws and regulations of various countries.
During this forum, China initiated the establishment of the Belt and Road Initiative to build a national standard information platform, which will enhance the exchange and sharing of standard information with relevant countries.
Adherence to international standards will strengthen the foundation of the Belt and Road Initiative. As Zhangyuyan, Director of the Institute of World Economics and Political Science of the Chinese Academy of Social Sciences, pointed out, the importance of jointly promoting institutional infrastructure development between China and the Belt and Road countries has become increasingly evident since the development of the Belt and Road Initiative. Compliance with internationally accepted rules and standards will reduce the transaction costs of cooperative projects and lay the foundation for their smooth progress.
This move will also enable Chinese companies to enhance their awareness of the rules and ensure compliance. Zhuhongren, executive vice president and chairman of the China Enterprise Federation, said that compliance is the prerequisite for companies to obtain international recognition. Under these circumstances, the introduction of international standard rules will prompt Chinese companies to correct the past emphasis on "hard power" such as capital, technology, and market, and do not attach importance to "soft power" such as compliance operations, so as to achieve transformation and upgrading.
More sustainable
Sustainability is another manifestation of quality. Only by ensuring that cooperation projects are financially, financially and environmentally sustainable can the Belt and Road Initiative truly benefit countries along the routes and achieve sound long-term development.
Many achievements have been made in enhancing the sustainability of the Belt and Road Initiative. In response to concerns that the Belt and Road Initiative may increase the debt burden of countries along the Belt and Road, the Ministry of Finance of China issued the Belt and Road Debt Sustainability Analysis Framework. We will encourage Chinese financial institutions, countries and international institutions to use this tool on a voluntary basis to make investment and financing decisions more scientific and debt management.
The framework assesses the debt sustainability of low-income countries by clarifying the scope of debt, forecasting macroeconomic trends and conducting stress tests, the results of which will serve as an important reference for lending decisions. The International Monetary Fund's president said the framework would help build a high-quality and sustainable Belt and Road financing system and promote long-term development and prosperity for the countries.
In the area of environmental sustainability, China has launched the Belt and Road International Alliance for Green Development with a number of international organizations, research institutions and enterprises, and formulated the Belt and Road Green Investment Principles to ensure that investment projects fully take into account environmental and climate factors. In addition, China Everbright Group has jointly initiated the establishment of the Belt and Road Green Investment Fund with relevant national financial institutions to promote multilateral cooperation in green finance.
In recent years, Chinese companies have paid more attention to protecting the local ecological environment in the course of the Belt and Road Initiative. With the concept of green, investment by Chinese and Chinese companies along the Belt and Road Initiative is expected to give greater priority to protecting the local ecological environment. This is not only in line with the concerns of relevant countries, but also conducive to the smooth development of cooperation.
More mutual benefit.
It is also a matter of high quality for all participants to benefit from the Belt and Road Initiative. Many of the outcomes of this forum reflect the concept of openness, cooperation and mutual benefit.
For example, at the first Belt and Road Entrepreneurs 'Conference held during the current session of the Forum, the participating enterprises signed a total of more than 64 billion U.S. dollars in project cooperation agreements, covering infrastructure, energy resources, production capacity cooperation and other areas. There are still many people's livelihood projects. Significant progress has also been made in third-party market cooperation, such as the signing of a memorandum of understanding between the People's Bank of China and the European Bank for Reconstruction and Development to strengthen third-party market investment and financing cooperation, and the signing of a memorandum of understanding between the China National Development and Reform Commission and the Ministry of Trade and Industry of Singapore on strengthening the implementation framework for third-party market cooperation.
In addition, China has put forward a series of major reform and opening up measures during the forum, such as continuing to drastically reduce negative lists, promoting the all-round opening up of modern services, manufacturing and agriculture, and eliminating non-tariff barriers.
"Opening the Chinese market to the Belt and Road countries and making their products and services more easily accessible to China will significantly enhance the people's sense of access in these countries. " said Zhangyuyan. (China Network)
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