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Wang Yi Says Belt and Road Is Moving Forward; Elaborates the Principles of the Global Development Initiative

In reply to a question on the Belt and Road Initiative at his press conference today, Foreign Minister Wang Yi said that the BRI had maintained its momentum during the COVID-19 outbreak, with new projects completed, like the China-Laos high-speed railroad. China has conducted joint vaccine production cooperation with partners from 20 developing countries and the China-Europe Railway Express has been in full operation delivering goods and vaccines to Europe. During the last year, 10 more have begun cooperating with China on the BRI, and there will be new opportunities developing in the post-COVID-19 world.

He also raised the fact that the Global Development Initiative proposed by President Xi has been embraced by the UN for the implementation of the UN 2030 Sustainable Development Agenda. He said that China was prepared to work together in the GDI with other countries, and specified four principles for joint development under the GDI. “First, we need to synergize in key areas, in food, health, employment, and green development. Second, we need to respond to the needs of all countries. Third, we need to partner with cooperation mechanisms. Fourth, we need to reach out to partners in all sectors.”

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