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China Issues White Paper on the Eve of the Belt and Road Forum

On the eve of the Oct. 17-18 Belt and Road Forum for International Cooperation, the Chinese government has issued a White Paper entitled “Belt and Road Initiative: A Key Pillar of the Global Community of Shared Future.” The White Paper, published in full in several government outlets, was reviewed by Global Times. It is a long paper which we suggest to read in full. Longer excerpts can be found in the Documentation section.

The paper “expounded on the background against which BRI was launched, which it said is in response ‘to a changing global situation and the expectations of the international community.’” the Global Times reported. “The white paper offers a detailed glimpse into the decade achievement of BRI. One among which is the promotion of all-rounded connectivity in multiple fields including policy coordination, infrastructure connectivity, unimpeded trade, financial integration, and closer people-to-people ties.

“From 2013 to 2022, China’s trade with BRI participating countries reached $19.1 trillion, with an average annual growth rate of 6.4 percent. The cumulative two-way investment between China and partner countries reached $380 billion, including $240 billion from China, the white paper showed.

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