Beijing, 11 January 2023 (TDI): China has signed cooperation documents on the Belt and Road Initiative (BRI) with all Central Asian countries, according to Ministry of Foreign Affairs Spokesperson Wang Wenbin.
China signed a memorandum of understanding with Turkmenistan days ago, and China’s BRI cooperation circle is still expanding.
During Tuesday’s news briefing, Wang said signing the memorandum of understanding is a significant achievement for both. Consequently, this will expand economic and trade cooperation.
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Furthermore, the Spokesperson underscored that this development will enhance the cooperation between China and the five Central Asian countries to a new stage.
BRI Projects
The Spokesperson underlined that over the past year, the BRI had made steady progress, injecting new impetus into world economic recovery.
16,000 China-Europe freight trains were operated and carried 1.6 million twenty-foot equivalent units (TEUs) of goods, which are up 9 percent and 10 percent, respectively.
The New International Land-Sea Trade Corridor, an important trade and logistics passage, transported 750,000 TEUs of goods, up 18.5 percent year on year, according to Wang.
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Moreover, over 9 million trips have also been made on the China-Laos railway. Likewise, more than 1 million vehicles have hit the road since Cambodia’s first highway, the Golden Port Expressway, opened to the public and the Jakarta-Bandung High-speed Railway, Wang said.
Countries Involved
Wang Wenbin added that five countries signed new BRI cooperation documents with China last year. China has also renewed the BRI memorandum of understanding with the Philippines.
“All these show that the BRI meets the needs of world development and the expectations of the international community,” Wang said. “It will remain resilient and dynamic.” However, Wang noted 2023 marks the 10th anniversary of the BRI.
Additionally, the spokesperson underlined that China would continue to follow the principle of extensive consultation, joint contribution, and shared benefits.
Also, China will work with all parties for common development. In addition, China will make the BRI a bond that benefits the whole world, Wang highlighted.
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