RuEn

Journal section "Global experience"

The Belt and Road: Achievements and Prospects (to the Tenth Anniversary of the Initiative)

Lyu H., Wang C.

Volume 16, Issue 5, 2023

Lyu Hongying, Wang Chao (2023). The Belt and Road: Achievements and prospects (to the tenth anniversary of the Initiative). Economic and Social Changes: Facts, Trends, Forecast, 16(5), 279–293. DOI: 10.15838/esc.2023.5.89.16

DOI: 10.15838/esc.2023.5.89.16

Abstract   |   Authors   |   References
September 7, 2013, Chinese President Xi Jinping proposed the Silk Road Economic Belt initiative in Astana (Kazakhstan), and October 3, 2013 – the 21st Century Maritime Silk Road in Indonesia. The year 2023 marks the 10th anniversary of The Belt and Road Initiative, which has received positive feedback from many countries and international organizations. The Belt and Road strategy corresponds to the course of historical development and meets the expectations of all parties. The international community pays considerable attention to it. As of January 2023, China has signed more than 200 documents on cooperation with 151 countries and 32 international organizations. In ten years, The Belt and Road Initiative achieved fruitful results and brought tangible benefits to the population of the countries located along the route. Currently, cooperation within the framework of The Belt and Road project is facing the turbulence of the external environment, but its possibilities have not been exhausted. In the future, it will contribute to the development of international cooperation in more areas and at a deeper level, achieving mutual benefit. The article summarizes the achievements and experience of the construction of The Belt and Road for ten years, analyzes the problems and difficulties that have arisen, and also considers new opportunities and challenges in promoting high-quality development within the framework of The Belt and Road Initiative

Keywords

china, China, The Belt and Road Initiative, Silk Road Economic Belt, Maritime Silk Road, opportunities, challenges

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