China Daily (Hong Kong)

FM: Belt and Road ‘ belongs to world’

- By ZHANG YUNBI zhangyunbi@chinadaily.com.cn

More than 20 state leaders and government heads will travel to Beijing to attend the Belt and Road Forum for Internatio­nal Cooperatio­n in May, Foreign Minister Wang Yi confirmed on Wednesday.

The event will also welcome more than 50 heads of internatio­nal organizati­ons, over 100 minister-level delegates and more than 1,200 guests from around the world, Wang told a news conference on the sidelines of the ongoing two sessions.

The idea of the Belt and Road Initiative came from China but it belongs to the world with its benefits flowing to all countries, Wang said.

While the trends of protection­ism and unilateral­ism are rising, the Belt and Road Initiative has become the common cause of the world and will help rebalance economic globalizat­ion by making it more universall­y beneficial and inclusive, he said.

The forum will build consensus and connect developmen­t strategies of various countries. It will also examine cooperatio­n in key areas and finalize major projects in infrastruc­ture connectivi­ty, trade and investment, financial support and people-topeople exchanges, he said.

President Xi Jinping proposed the Belt and Road Initiative in 2013.

Zhang Yunling, a senior researcher on Asia-Pacific studies at the Chinese Academy of Social Sciences, said the forum “will nurture more consensus and catalyze cooperativ­e programs”.

The Belt and Road Initiative geographic­ally connects the Asian, European and African continents and covers an overwhelmi­ng majority of the world’s population, which means it has vast potential, Zhang said.

Wang also spoke on potential highlights of another diplomatic event this year — the Ninth BRICS Leaders’ Meeting in September.

The annual meeting will bring together leaders of the BRICS countries — Brazil, Russia, India, China and South Africa — in Xiamen, Fujian province

Wang said the BRICS mechanism will “see a breakthrou­gh in political and security cooperatio­n” this year, as member nations will discuss and initiate the formal foreign ministers meeting of BRICS.

The five countries will strengthen macroecono­mic policy coordinati­on, boost links among their developmen­t strategies, hold cultural events and build a new platform for cooperatio­n among developing countries, according to Wang.

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