Xiplomacy: How Belt and Road cooperation paves way for shared global development
China DailyThis photo taken on Nov 14, 2024 shows a view of Chancay Port in Peru. Since the initiative was put forth in 2013, major achievements have been made in Belt and Road cooperation, which contributed to enhancing China's friendship with participating countries and promoting their economic and social development, he said. Since 2013, multiple countries and regions have forged synergy between their development strategies and the BRI, including Kazakhstan's Bright Path economic policy, Mongolia's Steppe Road Program, Saudi Arabia's "Vision 2030," the construction of the Eurasian Economic Union by Russia, and the African Union's Agenda 2063. BOOSTING MODERNIZATION During the first session of the 19th G20 Leaders' Summit held on Nov 18, Xi prioritized "pursuing high-quality Belt and Road cooperation" as the first of China's eight actions to support global development. The BRI prizes green and sustainable development, showcasing China's commitment to environmentally friendly growth, which is essential for Global South countries to achieve sustainable modernization, said Yasiru Ranaraja, Sri Lankan international affairs expert and founding director of the Belt and Road Initiative Sri Lanka.