Jointly Building the Future.docx

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Jointly Building the Future.docx

JointlyBuildingtheFuture

JointlyBuildingtheFuture

  Inrecentyears,theglobaleconomicoutlookhasgenerallybeenconsideredtrendingpositively.Butwithrecentdevelopmentsofprotectionism,isolationismandpopulism,profoundadjustmentsinglobalgovernance,industrialstructure,energylayout,monetarysystemandgeopoliticsareunfoldingoneafteranother.

  TheBeltandRoadInitiative,whichfocusesonoptimizingtheprocessofeconomicglobalization,advocatessafeguardingtheinternationalorderbasedonmultilateralismandaimstoachievecommondevelopmentandprosperityinallcountries.ItisanewinternationalpublicgoodprovidedbyChinatothewholeworldandanimportantconduitforChinatopromotebuildingacommunitywithasharedfutureformankindinthenewera,demonstratingChina’skeycontributionstoglobalpeace,development,andwin-wincooperation.

  ImpressiveJointConstruction

  TheBeltandRoadInitiativehasyieldedfruitfulresultsafteronlyfiveyearssinceitsinception.

  Intermsofpolicycoordination,Chinahassigned103cooperationdocumentswith88countriesandinternationalorganizationstojointlyimplementtheBeltandRoadInitiativeandhascompletedalignmentwiththe“BrightRoad”initiativeofKazakhstan,theEurasianEconomicUnionproposedbyRussia,theJunckerPlanofEurope,the“SteppeRoad”programofMongolia,andthe“TwoCorridorsandOneRing”initiativeofVietnam.

  Intermsofinfrastructureconnectivity,anumberofrailways,highways,ports,airportsandcross-borderbridgeshavebeenbuilt.TheJakartaBandungRailway,GwadarPort,China-LaosRailway,Hungary-SerbiaRailwayandthesecondlineoftheChina-Russiaoilpipelineareallproceedingwell.Morethan8,000trainsoftheChinaRailwayExpressruntoEurope,andthenetworknowextendsto42citiesin14Europeancountries.Theseprojectsaregraduallypayingoutrealdevelopmentdividendsandimprovingthepeople’swellbeing.

  Intermsofunimpededtrade,thetotalvolumeofgoodstradebetweenChinaandcountriesalongtheBeltandRoadhasreachedmorethanUS$5trillion,andChina’soutboundinvestmentinthosecountriesexceedsUS$70billion.AsofApril2018,Chinahasbuilt75overseaseconomicandtradecooperationzonesincountriesalongtheBeltandRoadroutes,withatotalinvestmentofUS$25.5billion.Morethan3,800enterpriseshavesettledinthosecooperationzones,creatingnearlyUS$1.7billionoftaxesforhostcountriesandnearly220,000jobsforlocals.  Intermsoffinancialintegration,theSilkRoadFundhassignedfinancingcontractswith19projects,promisinginvestmentofUS$7billioninsupportfortheprojects.ChinaDevelopmentBank,theImportExportBankofChinaandChina’scommercialbanksareincreasinginvestmenttosupporttheconstructionoftheBeltandRoad.

  Intermsofcloserpeople-to-peopleties,Chinahassignedculturalcooperationagreementswithmorethan60countries,andtheconceptoftheBeltandRoadInitiativeisbecomingmoreunderstood,betterrecognizedandoptimisticallysupportedbypeopleofcountriesalongtheroutes.Overthepastfiveyears,mutualvisitsmadebytouristsbetweenChinaandcountriesalongtheBeltandRoadroutesexceeded25million.

  BuildingaCommunitywithaSharedFutureforMankind

  BuildingacommunitywithasharedfutureformankindisthecoreelementofcontemporaryChineseforeignpolicy,aswellasthemostdistinctivefeatureofmajor-countrydiplomacywithChinesecharacteristicsandtheuniqueChinesewisdomcontributingtothedevelopmentofgreaterhumansociety.Theideaofbuildingacommunityofsharedfutureisrootedintheachievementsofancientandmoderncivilizations.Proposedinresponsetothenewera,itinvolvesstate-to-staterelations,group-to-grouprelations,relationsbetweenvariouscivilizationsandrelationshipbetweenmanandnature,andradiatesrichconnotations.JointconstructionoftheBeltandRoadandpromotingbroader,deeperandhigher-leveleconomicandtradecooperationamongtheBeltandRoadcountriesareconducivetobuildingconsensus,carryingforwardthenewconceptofmutualbenefitsandwinwinoutcomesandmoreaccuratelyaddressingvitalinterestsofmostcountries.Italsofacilitatestheconstructionofacommunitywithsharedinterestsandresponsibilities.Thecommunity,inturn,providesfreshnewopportunitiesandexperiencesforeachofitsmembers.

  JointlyconstructingtheBeltandRoadridesthetideofpeaceanddevelopmentoftheeraandprovidesasolidguaranteeforsafeguardingthecommoninterestsofmankind.Astheeconomicglobalizationtrendcontinues,theflowofcapital,technology,informationandpersonnelaroundtheworldhasbecomeincreasinglyinterdependent.Theexistinginternationalorderandinternationalruleshaveformedacommoninterestbondaroundtheworld.Theworldisfacingseverechallenges,andtheSilkRoadSpirit,whichfeaturespeaceandcooperation,opennessandinclusiveness,mutuallearningandmutualbenefit,ismoreneedednowthaneverbefore.Nomatterhowcomplicatedandsharpcontradictionsbetweenstates,groups,religions,andsocialclassesmaybe,humanbeingsasawholesharetheultimategloriesofvictoryandpainsofdefeat.JointconstructionoftheBeltandRoadprovidesapracticalpathforrealizingcommoninterestsofmankindunderthethemeofpeaceanddevelopment.ByadheringtothecooperativeconceptoftheBeltandRoad,theinternationalcommunitywillbecomemoreresistanttoeverykindofcrises,andourcollectivestrengthwillbecontinuouslyenhanced,thusmoreeffectivelysafeguardingworldpeaceanddevelopment.  TheBeltandRoadInitiativepointsthedirectionanddesignsablueprintforthefuturedevelopmentofhumansocietyandtheconstantpromotionofpeople’swellbeing.ItalignswiththeUnitedNationsmillenniumdevelopmentgoalstoreducepoverty,promotedevelopmentthroughcooperationandnarrowdevelopmentdisparities.ItembodiesChina’scommitmentandnewroleinpromotingglobaldevelopment.Chinaadvocatestheprinciplesofextensiveconsultation,jointcontributionandsharedbenefitsininternationalcooperation,andiswillingtoworkwithothercountriestorealizetheultimategoalofcreatingabetterworldfreefromwantwhereallcanliveindignity.

  TheBeltandRoadInitiativeisaninnovationmadebyChinaforglobaleconomicgovernance,withanaimtopromoteafairandreasonableglobaleconomicorder.Aheadoftheonsetofthe2008internationalfinancialcrisis,globaleconomicgovernancewasdominatedbytheframeworkoftheWashingtonconsensus.Aftertheoutbreak,theWashingtonconsensuslostmuchofitsglory.Theglobaleconomicgovernancesystemisobviouslycallingforreformtoreinforceinclusiveness,representativeness,effectivenessandriskcontrol.TheconceptoftheBeltandRoadcallsforconstructinganinclusiveandcoordinatedworlddevelopmentgovernancestructure,anopenandcooperativeglobaltradeandinvestmentgovernancestructureandasafeandefficientinternationalfinancialandmarketgovernancestructure.ItisbasedonChina’sexperience,whichhasinspiredtheschemeandconceptforsolvingproblemshinderingworlddevelopmentandimprovingglobaleconomicgovernance.ItisaninstitutionalpublicgoodofgreattheoreticalandpracticalsignificanceinreshapingtheinternationaleconomicorderthatChinaprovidestotheinternationalcommunitytopromotereformstowardsajustandinclusiveglobaleconomicgovernancesystem.

  GlaringLags

  ThedevelopmentdisparitybetweencountriesalongtheBeltandRoadisquiteglaring,whichincreasesdifficultiesinconstructinganinclusiveanduniversalcooperationmechanism.Thosecountriesvaryineconomic,politicalandculturalconditions.Intermsofeconomicdevelopmentlevel,theBeltandRoadInitiativecoversdevelopedeconomiesinWesternEurope,energyandresource-exportingcountriesofCentralandWestAsia,emergingindustrializedcountriesofCentralandEasternEuropeandASEANandunderdevelopedagriculturalcountries.Fromthepoliticalpointofview,bothcapitalistandsocialistcountriesareincludedasaredemocraciesandmonarchies.Fromtheculturalperspective,theBeltandRoadInitiativecoverssixoftheeightcategoriesofcivilizationsidentifiedbySamuelP.Huntington:

Chinese,Hindu,Islamic,Western,OrthodoxandAfricancivilizations.Countriesalongtherouteshavedifferentinterests,valuesandcooperationmodes.Thisdiversityhasincreasedthecomplexityanddifficultyofbuildinganinclusiveanduniversalcooperationmechanism.  Chinahaslongbeenonthereceivingendofglobalmultilateralgovernancerules,andisnotwellpreparedtobuildmultilateralcooperationmechanisms.Foralongtime,ChinatendedtofollowandadapttotherulesofmultilateralinstitutionssuchastheWTO,IMFandWorldBank.Inthepasttwoyears,ChinahasbeenactivelyvoicingitsopinionsandplayingtheleadroleonmultilateraldiplomaticoccasionssuchasthesummitsoftheG20,BRICSandtheSCO.ButChinahasnotbeenpositionedatthecenteroftheworldstageforlongandstilllacksprofoundtheoriesandexperienceinestablishingmultilateralcooperationmechanismsandsettingstandardsandrules.Thelackoftalentreserves,capitalinvestmentandeffectivesupportofdomesticinstitutionalmechanismsintheoperationofmultilateralmechanismsalsodemandsChinamakepreparationsmorecarefully.

  Furthermore,thegeopoliticalsensitivityandcomplexityofcountriesalongtheBeltandRoadposeamajorobstacleinstrengtheningmultilateralandinstitutionalizedcooperation.TheBeltandRoadInitiativeinvolvessensitiveareasoftheMiddleEast,EastAsiaandEaster

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