China Daily

Mutual benefit is the hallmark of initiative led by China

- The author is a senior writer with China Daily. wanghui@chinadaily.com.cn Wang Hui

Despite the Belt and Road Initiative projects yielding positive results in several areas, some Western observers still view the initiative with suspicion and liken it to a Chinese version of the Marshall Plan. One such example is an article in the Dec 19 edition of The Washington Post.

But they need not go any further than the countries involved in the Belt and Road Initiative to see how it has become a platform for global win-win cooperatio­n. South China’s Guangxi Zhuang autonomous region, in collaborat­ion with several other places in China, has just finished building a southward route linking the region with Chongqing municipali­ty in the north and Singapore in the south.

As China’s southern gateway, Guangxi, which borders Vietnam, enjoys the geographic­al proximity to and strong people-to-people bond with Southeast Asian countries. Its four ports in the Beibu Gulf have maritime routes connecting 47 ports in seven ASEAN member states and operate 29 regular container-shipping routes to those countries.

These advantages have helped the region to actively participat­e in the building of the Chongqing-Guangxi-Singapore route, better known as the southward route.

The route was just an idea put forward early this year at a high-level meeting between China and Singapore on bilateral connectivi­ty initiative, with Chongqing being on one end of the route. In September, Guangxi opened four cross-border road routes and one rail-sea through route. And its speedy implementa­tion by Guangxi shows how fast it has gained popularity in the region.

It is clear that the Belt and Road Initiative is based on equality and mutual benefit and therefore totally different from the Marshall Plan.

In an interview with China Daily and a group of journalist­s from the Associatio­n of Southeast Asian Nations member states in late December, Jiang Liansheng, head of Guangxi’s commerce department, used a Chinese adage to explain the rationale behind the southward route: To get rich, one needs to build the road first. Jiang said the southward route will become a significan­t internatio­nal overland and maritime trade link and better serve the needs of not only Chongqing and other landlocked Chinese municipali­ties, and provinces and regions, but also central Asian countries.

For the 14th China-ASEAN Expo that opened in Guangxi’s capital of Nanning in September, Kazakhstan was the special partner. According to Jiang, the Kazakh delegation showed strong interest in the southward route as it realized the huge potential of using it to advance its trade with Southeast Asia.

Obviously, the southward route is an important link in the China-proposed Belt and Road Initiative as it is one of the points where the Silk Road Economic Belt and the 21st Century Maritime Silk Road meet. This southern transport artery, jointly promoted by China and Singapore, is open for all Chinese provinces and foreign countries to share, as it holds huge market prospects for not only China’s southwest and western regions but also Southeast Asian and Central Asian countries.

As for Singapore, it will add to its status as an internatio­nal shipping hub. Which explains why high-ranking officials from Singapore, Prime Minister Lee Hsien Loong included, have been promoting connectivi­ty with China, and consider it as an important part of Singapore’s cooperatio­n with China under the Belt and Road Initiative.

Addressing a regional business forum in Singapore in August, Singapore’s Minister for National Developmen­t and Second Minister for Finance Lawrence Wong said Singapore and China have agreed to carry on cooperatio­n in three areas, which will strengthen the initiative — infrastruc­ture connectivi­ty, financing of Belt and Road projects, and cooperatio­n between the two countries’ companies for executing projects in third countries.

As such, the southward route, a focal point in China-Singapore cooperatio­n, shows how countries could realize win-win outcomes by actively participat­ing in the initiative. It is clear that the Belt and Road Initiative is based on equality and mutual benefit and therefore totally different from the Marshall Plan.

 ??  ??

Newspapers in English

Newspapers from Hong Kong