The “Belt and Road†strategy is a new initiative for China to promote the integration and development of regional economies. Demand for infrastructure is strong in countries along the Belt and Road. The “Belt and Road†strategy will give priority to the development of cross-border and cross-regional infrastructure. A large number of railways, highways, ports and other projects will be accelerated to the agenda, and infrastructure cooperation in the region will face huge market opportunities.
The “Belt and Road†is not only an important strategy for China to deepen reform and expand opening up, but also provides a new way for the transformation and upgrading of China's economy under the new normal. It is also a major decision to adapt to regional economic integration and achieve new leap in international economic cooperation.
According to relevant media reports, China will release the “Belt and Road†implementation plan at the 2015 Boao Forum for Asia held this week.
It is reported that the “Belt and Road†plan will include a detailed list of major projects. The list will plan for projects to be signed and started in the next few years, involving hundreds of major projects including railways, highways, energy, information, and industrial parks. The list is concentrated in neighboring countries such as Central Asia and South Asia.
Experts from the China International Contractors Association said that the “One Belt and One Road†has penetrated Central Asia, Southeast Asia, South Asia, West Asia, and parts of Europe and Africa. The East Asia Economic Circle and the Western European Economic Circle have a wide range of regional economic development. Consensus, there is a strong demand for infrastructure construction. The "One Belt, One Road" strategic concept put forward by the Chinese government is a new measure for China to promote the regional economic integration and development.
Boost regional economic integration In recent years, the world economy has entered an adjustment period and economic growth has declined. How to promote economic transformation and upgrading and achieve sustainable growth is a difficult problem facing governments.
At present, promoting regional economic integration and realizing regional economic integration has become the trend of the times. The EU, the African Union, the ASEAN, and the Latin American Community are all important organizations for the integration and development of regional economies. The increasing scale of trade, personnel exchanges and capital flows between neighboring countries and regions not only puts higher demands on the carrying capacity of infrastructure, but also provides new opportunities for the cooperative development of infrastructure in the region.
In recent years, Chinese leaders have successively proposed the idea of ​​building the “Silk Road Economic Belt†and the “21st Century Maritime Silk Road†to promote the economic revitalization and integration of countries along the “Belt and Road†with inclusive development and open cooperation. Work together to create regional economic integration along the route. The “Belt and Road†strategy has become a booster for China to promote regional economic integration and development. The countries along the “Belt and Road†countries have different national conditions and the level of development is uneven. Affected by many factors, the degree of regional economic integration is low, and the imperfect infrastructure is becoming a major factor constraining economic and social development. At present, countries along the “Belt and Road†will promote infrastructure development as the focus of promoting regional economic cooperation and begin to seek extensive international support.
Authorities pointed out that the construction of “One Belt, One Road†is conducive to promoting the effective docking of markets, industries and projects along the line, and providing new opportunities for complementary advantages and common prosperity of countries along the route. Promoting the "One Belt, One Road" cooperation is conducive to building a community of interests and destiny, will promote the improvement of regional infrastructure, improve the level of trade facilitation, and bring regional economic integration to a new level.
In the context of today's regional economic integration and development, what changes and adjustments are faced in the development pattern of international infrastructure? What are the latest project plans developed by governments in promoting regional infrastructure? The reporter learned from the China International Contractors Association that the 6th International Infrastructure Investment and Construction Summit, which will be held in Macau on June 4, has identified the theme of the forum as “regional economic integration to promote international infrastructure cooperation. "Development", at that time, domestic and foreign engineering contractors, equipment suppliers, financial institutions and other industry insiders will conduct in-depth discussions on related topics.
Bringing up the demand for infrastructure construction The countries in the world are facing the dual challenges of maintaining growth and restructuring, and there has been broad consensus on increasing targeted investment and accelerating infrastructure construction. The demand for infrastructure in the countries along the “Belt and Road†is strong, and in recent years, large-scale infrastructure investment development plans have been launched.
In 2012, the African Union identified project planning and overall implementation plans for transnational and cross-regional infrastructure development, and established a special fund to support the construction of regional infrastructure projects. At the same time, other subregional organizations in Africa have also developed and implemented A number of infrastructure construction projects, including roads, railways, ports, and airports, to promote the integration of regional economic development.
At the China Overseas Investment New Year Forum held in January, French Ambassador to China Gu Shan said that European countries attach importance to the construction of new Silk Road and are willing to expand cooperation with China. The French government will launch an economic stimulus project with a scale of 250 billion euros to promote transportation. Development in the fields of infrastructure, medical care, etc. The developing countries along the “Belt and Road†are more interested and eager to participate in the construction. Pakistani ambassador to China Masood Khalid said that Silk Road construction will become a catalyst for China-Pakistan relations. Pakistan is rich in resources and cheap labor. It is expected that this year's GDP growth rate will reach 4.5%.
It is understood that the construction of “One Belt, One Road†provides a good opportunity and platform for cooperation between China and countries along the route. More than 50 countries have actively requested to participate in the joint construction. China has signed the “Belt and Road†agreement with a number of countries, and a number of important projects have been or will be launched soon.
As the main body of implementation of the “Belt and Road†construction, enterprises have ushered in a rare historical opportunity of “going outâ€. China Road and Bridge Engineering Co., Ltd. has been engaged in foreign contracted engineering business for more than 30 years. It entered the Central Asian market as early as 2001. At present, the inter-regional interconnection projects such as Zhongjiwu Highway, Tawu Highway and Tazhong Highway, which have been built by them, have contributed to the improvement of transportation infrastructure conditions and the smooth flow of inter-regional transportation networks in relevant countries. They expressed their willingness to actively integrate into the national strategy, strengthen the international infrastructure cooperation through the implementation of the “Belt and Road†project, and promote the regional economic integration and development.
Cross-border infrastructure projects will become a breakthrough One of the strategic implications of the “Belt and Road†initiative is to create a three-in-one interconnection of infrastructure, institutional regulations and personnel exchanges. Any Lifeng, deputy director of the National Development and Reform Commission, believes that infrastructure is the basis for interconnection and is also a weak link that restricts deepening cooperation among countries along the line, and should be a priority area of ​​the “Belt and Roadâ€.
Qi Chunhe, president of the China International Contractors Association, said that the “One Belt, One Road†strategy will give priority to the development of cross-border and inter-regional infrastructure. A large number of railway, highway, port and other projects will be accelerated on the agenda, and infrastructure cooperation in the region. Faced with huge market opportunities.
Infrastructure construction will become the main breakthrough of the “One Belt, One Road†strategic plan. Shen Danyang, spokesman of the Ministry of Commerce, said that the “Belt and Road†is a major strategic deployment of China. The Ministry of Commerce will promote the improvement of the level of interconnection, such as transportation, energy and communications, through various forms of economic and trade cooperation, and build an infrastructure network covering all countries. A number of major cooperation projects will be launched through the Asian Infrastructure Investment Bank and the Silk Road Fund.
It is reported that China has set up a Silk Road Fund with a registered capital of 61.5 billion yuan to provide financing support for countries along the “Belt and Road†and infrastructure, energy and financial cooperation in the relevant western and southeastern provinces of China. This is by far the largest and highest-profile government multilateral cooperation fund in China, covering Central Asia, South Asia, West Asia, Southeast Asia and China. round-color: #ffffff;text-indent:2em;">
Hunchun He believes that with the “Belt and Road†change from conception to practical action, regional infrastructure cooperation has ushered in huge market opportunities and a new development pattern.
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