“One Belt And One Road” cooperation and win-win cooperation, the Chinese and European fast iron is increasingly becoming an important channel for China to open up to the west.
China hosted in Beijing international cooperation peak BBS “ area all the way”, more than 20 heads of state and head of government confirmed attendance. This is the first time China has held according to the construction of “area” as the theme of the highest specifications international BBS, is after the G20 summit hangzhou of China, again will jointly build human destiny community efforts and contributions.
September and October, 2013, the China national main seats jinping successively put forward the construction of economic zone “silk road” and “maritime silk road” of the 21st century “area” initiative. For more than three years, the strategy of “One Belt And One Road” from China to the national top level strategic initiative, international consensus and strategic position, realize the path is becoming more and more clear. Today, “One Belt And One Road” is experience from quantitative change to qualitative leap, usher in a new stage of more open, inclusive and compound.
According to the ministry of commerce, according to data from the first quarter of this year, China and the countries along the “area” total bilateral trade in goods of more than 1.6553 trillion yuan, up 26.2% from a year earlier. Among them, China exported 9376 billion yuan to countries along the routes, up 15.8% year on year. China imported 717.7 billion yuan from countries along the route, up 42.9% year on year.
Kazakhstan central Asia’s largest trading partner
kazakhstan is an important a friendly neighbor of China in central Asia. In recent years, bilateral economic and trade cooperation is increasingly close together, as of September 2016, more than three thousand Chinese companies in kazakhstan, become the main force of “connectivity” bilateral development.
In the first quarter of this year, the trade volume reached us $1.3 billion, up 30 per cent year on year. Kazakhstan has become China’s largest trading partner in central Asia.
Morocco to 200 Chinese enterprises to build industrial park
Morocco is located in the northwest end of Africa, is three big connecting Europe, the Middle East and Africa market hub. China exported $3.08 billion to Morocco in 2016, up 6.2 percent year on year. Imports from Morocco were $550 million, up 4.6 percent year on year. In march, Morocco and a Chinese company to sign the agreement, will be near the port city of tangier, built for 200 Chinese enterprises industrial park, at the same time, tangier is planning a path to Spain’s undersea tunnel, once a project to build can and central European freight train connection through Spain, form China’s overland routes to Africa.
In lodz, Poland rail freight stations, four times a week have come from China’s chengdu rong fast rail direct, paste the iron quickly opened in 2013, has become a central trains running in the shortest, the most stable trains. The shipment of goods from China to Poland is only 10 days old, and it will take only two to three days for goods to be transported from rhodes to any European capital.
rong the trains run time the shortest, the most stable
In lodz, Poland rail freight stations, four times a week have come from China’s chengdu rong fast rail direct, paste the iron quickly opened in 2013, has become a central trains running in the shortest, the most stable trains. It takes only 10 days to ship goods from China to Poland, and it only takes two to three days to ship goods from rhodes to any European capital.
Today, China and Europe have set up more than 2,000 columns. The time is a quarter of the shipping, and the price is a fifth of the price. With these advantages, the ceibs is increasingly becoming an important channel for China to open up to the west and a result of the early harvest of One Belt And One Road.
Cross-border retail electricity dealer market all the way along the rapid development in the area, according to the silk road big data online report shows that 2016 Thai latex pillows and mattresses, as China’s electricity consumers favorite goods in Thailand. In the same year, Israeli goods sold at 3.71 times that of 2015. In addition, according to the ministry of commerce, according to figures released on January 12, cross-border electricity trade between China and Russia has developed rapidly in recent years, in the first half of 2016, the Russian electricity trade totalled $6.3 billion, including cross-border electricity trade volume between China and Russia for $1.15 billion.
Financial integration is an important part of implementing the “One Belt And One Road” strategy. In the countries along the “area”, most of the economic development level is not high, poor infrastructure, high demand for construction fund, according to the Asian development bank estimates that from 2010 to 2010, only a year in Asia infrastructure construction funding needs, just as much as $8 trillion. Yet the cost of financing for these countries is generally higher for multiple reasons. And the supply of credit is too low to meet the needs of the economy.
On December 25, 2015, the Asian infrastructure investment bank (aiib), which was established by China and led by 57 countries, was established. As the investment banking practice operation, the silk road fund launched the first batch of investment projects, “One Belt And One Road” financial cooperation quickly, allowing participating countries to solve the financing bottleneck, as the local infrastructure development and so on various aspects to provide strong support.
“One Belt And One Road” is a long-term vision plan, with every project and investment being pragmatic, said jin liqun, the bank’s President. The aiib is not only for China’s sake, but for win-win results.
There are so many countries along the One Belt And One Road that there are dozens of currencies and complex monetary regimes. How to ensure the sustainability of One Belt And One Road funding is the focus of the industry. The personage inside course of study suggested financing marketization mode should be adopted, to make more Banks and non-governmental organizations to participate in, at the same time should pay attention to the safety of the funds and diversification.