Chinese Vice Premier presents five-point Belt and Road proposal

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Chinese Vice Premier Zhang Gaoli is keen to see the Belt and Road Initiative benefit the countries involved and their people.

Speaking at the opening ceremony of the Forum in Beijing, Zhang outlined a five-point policy that he believes would be key to achieving success in the Initiative.

He mentioned policy coordination, facility connectivity, unimpeded trade, financial integration and people-to-people bonds as the major factors that would ensure the Belt and Road Initiative is a success.

He also added that the Initiative would lift cooperation level and create new cooperation platforms in the countries involved.

The vice premier also suggested that efforts should be made to enhance policy coordination, solidify the political foundation for the implementation of the Belt and Road initiative, deepen political mutual trust, strengthen high-level exchanges, better integrate development strategies under the principle of complementing each other’s advantages, equal participation and common development, as well as chart out a road-map and timetable for cooperation.

The two-day Forum kicked off on Sunday morning with an address by host President Xi Jinping.

29 heads of state from across the world are attending the inaugural Forum, including Russia’s Vladimir Putin, Turkey’s Recep Tayyip Erdoğan, Kenya’s Uhuru Kenyatta and Ethiopia’s Hailemariam Desalegn among others.

Launched in 2013 by President Xi, the belt and Road initiative is said to be the  world’s most ambitious project yet, and will benefit at least 60 countries, accounting for more than four billion people.

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