At a glance

Participants at the Belt and Road Forum for International Cooperation agreed on Monday to pursue such concrete measures as:

Cooperation

• Pursuing dialogue and consultation, in order to build synergies in development strategies among participating countries.

Economy

• Conducting in-depth consultation on macroeconomic issues by optimizing the existing multilateral and bilateral cooperation and dialogue mechanisms.

Science and technology

• Strengthening cooperation in innovation by supporting innovation action plans for e-commerce, digital economy, smart cities and science and technology parks.

Environment

• Enhancing cooperation in ensuring the protection of the environment, biodiversity and natural resources.

Infrastructure

• Promoting practical cooperation on roads, railways, ports, maritime and inland water transportation, aviation, energy pipelines, electricity, fiber optics (including transoceanic cable), telecommunications and information and communication technology, and putting in place an international infrastructure network.

• Maximizing synergies in infrastructure planning and development by taking into account international standards where applicable, and by aiming at harmonizing rules and technological standards when necessary.

Trade

• Expanding trade by nurturing new areas of trade growth, promoting trade balance and promoting e-commerce and digital economy.

• Deepening economic and trade cooperation and upholding the authority and effectiveness of the multilateral trading system.

• Strengthening cooperation on information exchange for customs clearance and on developing mutual recognition of control, mutual assistance on enforcement and sharing of information.

• Advancing global value chains development and supply chain connectivity.

Finance

• Jointly working on a long-term, stable and sustainable financing system and enhancing financial infrastructure connectivity by exploring new models and platforms for investment and financing and improving financial services.

• Promoting openness and connectivity among financial markets, including through mutual cooperation on payment systems and promotion of financial inclusion, and promoting bilateral local currency settlement and cooperation agreements.

People-to-people

• Promoting people-to-people exchanges and bonds by deepening practical cooperation on education, science, technology, sports, health, think tanks, media and capability-building through internships.

• Encouraging dialogues and cultural exchanges, promoting tourism and protecting the world’s cultural and natural heritage.