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Wang Yi: The Joint Undertaking of the Belt and Road Initiative (BRI) Enters a New Phase

2018-12-11

On December 11, 2018, State Councilor and Foreign Minister Wang Yi attended and addressed the opening of Symposium on the International Situation and China's Foreign Relations in 2018.

Wang Yi said that the joint undertaking of the Belt and Road Initiative (BRI) entered a new phase this year. The Central Committee of the Communist Party of China held a symposium on the 5th anniversary of promoting the construction of the BRI. General Secretary Xi Jinping attended the symposium and delivered an important speech, setting the bar higher for the BRI development and pointing the way forward. Cooperation under the BRI has constantly witnessed in-depth and substantial development. Over the past year, more friends have joined in the initiative: another 50-plus countries and international organizations signed the cooperation documents, raising the total number of such documents to over 140. The BRI spirit was incorporated into the outcome documents of important international institutions including the United Nations, the Forum on China-Africa Cooperation, the Shanghai Cooperation Organization and the Asia-Europe Meeting. The BRI has become the most popular public good and the biggest cooperation platform in today's world.

Wang Yi pointed out that the great popularity and huge support gained by the joint construction of the BRI around the world are mainly attributed to our adherence to the principle of consultation and cooperation for shared benefits rather than dominance by a single party. It is because we have kept the BRI open, transparent and inclusive rather than building an exclusive circle. It is because we believe the BRI must be green, environment friendly and sustainable in pursuit of high quality. And it is because we have worked to see that BRI-related undertakings follow the rules, international law and the laws of all countries concerned. Facts have shown that the BRI has brought tangible benefits to the people of all participating countries and made important contributions to global cooperation and common development. The BRI is bound to gain greater support from the international community and embrace even brighter and broader prospects.

Wang Yi said that China spare no effort to ensure the success of the second Belt and Road Forum for International Cooperation (BRF). The BRF will be the most important international event hosted by China in 2019 and a crucial moment marking a new phase in building the Belt and Road. We will make solid preparations and consult all the partner countries. With a focus on project implementation, policy coordination and mechanism improvement, we will build more consensus, chart a clearer course and strive for more outcomes. As General Secretary Xi Jinping has instructed, we will seek higher quality, standards and performance of Belt and Road cooperation. After painting the broad strokes of the Belt and Road Initiative, now is the time to refine the details.

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