BRI Enters New Stage of Rapid Progress

2019/09/10

Countries advised to also observe potential challenges, including cultural differences
 
Since it was proposed six years ago, the Belt and Road Initiative has entered a new stage of rapid progress that will greatly emphasize quality, said Chen Jian, a member of the National Committee of the Chinese People's Political Consultative Conference, China's top political advisory body, and a former vice minister of commerce.
 
He made the remarks at a forum focusing on BRI development at the China International Fair for Investment and Trade 2019 in Xiamen, East China's Fujian province. The fair runs from Sunday to Wednesday.
 
"We should actively promote the globalization of technological cooperation because it's a natural result of globalized manufacturing," he added, "and carefully handle relations with the intellectual property protection."
 
Gao Jian, an economist and former vice-chairman of China Development Bank, said the elements of environment and culture should be given more consideration when investing in BRI participants.
 
China has strong research and development capability in new technologies, such as cloud computing, big data, blockchain and 5G, which can be widely applied in the countries and regions involved.
 
Source: China Daily