Belt and Road
The top priority of the Belt and Road Initiative is infrastructure development, focusing on transportation, particularly railways, highways, as well as telecommunications and energy sectors.
projects are planned or underway benefitting more than 80 countries
China’s Belt and Road Initiative is creating enormous business opportunities throughout Asia, Africa and Europe.
Estimates indicate that Belt and Road infrastructure projects in Asia alone will require investments of US1.7 trillion a year through to 2030.
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A prime example of the network is the Silk Road Railway departed in 2013, which goes through China’s Xinjiang Autonomous Region, Kazakhstan, Russia, Belarus, Poland and Germany as a land connection between Asia and Europe.
Quotable quotes on BRICS from world intellectual, business personnel:
"BRICS should be driven by 'People to People' contact. It should explore developing innovative mechanisms of Youth engagement."
China’s “One Belt, One Road” project aims to make central Asia more connected to the world, yet even before the initiative was formally announced China had helped to redraw the energy map of the region.
China wants to open up another transportation channel from southwest China to the Indian Ocean, bypassing the Strait of Malacca.