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China Voice: China signals open, win-win interaction with new initiatives

Xinhua, March 30, 2015 Adjust font size:

China took the lead in regional diplomacy this weekend, calling for "a community of common destiny" for a new Asia and unveiling the plan for its belt and road initiatives.

The plan for the Silk Road economic belt and 21st-century maritime Silk Road promotes orderly and free flow of economic factors, efficient allocation of resources and integration of markets through better connectivity between Asia, Europe, Africa and adjacent seas.

The new initiatives signal open, win-win interactions in the international arena.

"A community of common destiny" can only be achieved through coordinated development and win-win cooperation, not one single country's effort. Tangible progress has been made in preparing for the Asian Infrastructure Investment Bank (AIIB) and the launch of the Silk Road fund.

These initiatives could change the world political and economic landscape through development of countries along the routes, most of which are eager for fresh growth.

President Xi Jinping told the 2015 Boao Forum for Asia (BFA) that only through win-win cooperation could the big, sustainable achievements that are beneficial to all be made. The old zero-sum game should give way to a new approach of cooperation.

Through the belt and road, the AIIB and the Silk Road fund, countries and companies are reconsidering their position and development strategies.

More opportunities will be brought about by the initiatives for both developed and developing economies. For instance, strengthening cooperation between Europe and East Asia promises great potential. The initiatives will fundamentally improve infrastructure along the routes and create new economic growth.

Previously, cooperation has met hurdles of a technical, financial or diplomatic nature. Xi's plan will make cooperation smooth and efficient; people exchanges will be easier; and participants will see more benefit from globalization.

China's development and pursuit of quality growth is benefiting the world. Countries along the belt and road are welcome to take a free ride on China's economic development.

"The programs of development will be open and inclusive, not exclusive. They will be a real chorus of all countries along the routes, not a solo for China itself," Xi told the forum. Endit