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Chinese ambassador to Germany: Belt and Road Initiative is the world's largest peace project

Wu Ken (Photo/Chinanews.com) The Belt and Road Initiative (BRI) should be regarded as the most significant peace project today rather than a geopolitical tool, Chinese ambassador to Germany Wu Ken said during a recent interview with influential German newspaper Frankfurter Allgemeine Sonntagszeitung, China News Service reported on May 6.

BRI fuels yuan’s internationalization

China Business Card - The 70th Anniversary Exhibition of RMB issuance in Shanghai (Photo by Zhou Dongchao from People’s Daily Online) The Belt and Road Initiative (BRI) has fueled the yuan’s internationalization, particularly in the past two to three years as work on related projects accelerated. In Southeast Asia where economic relations with China are closer than in other countries and regions the yuan usage is getting popular, one expert told the Global Times on Monday, April 29.

BRI cooperation to see brighter future

Chinese President Xi Jinping's keynote speech at the second Belt and Road Forum for International Cooperation (BRF), which reflects the far-sighted vision of the Chinese leader, has not only responded to concerns of the international community, but also pointed out priorities and direction of Belt and Road cooperation. Gu Xueming, President of Chinese Academy of International Trade and Economic Cooperation (CAITEC) under the Ministry of Commerce, made the remarks in an interview with People’s Daily Online on Belt and Road Initiative after Xi’s speech delivered at the opening ceremony of the BRF at China National Convention Center in Beijing on April 26.

Large number of joint projects materialized via cooperation scheme

The cooperation scheme of “six corridors and six channels serving multiple countries and ports” under the China-proposed Belt and Road Initiative (BRI) has been formed, and a large number of cooperation projects have materialized, Chinese President Xi Jinping announced on April 28. Analysts believe the cooperation scheme means that the BRI has been upgraded from regional to global level considering its worldwide cooperation partners and expansion in the future, and the cooperation scheme not only reduced trade costs, but also helped stabilize underdeveloped regions and reduce conflicts.

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