“Vision and Actions for High-Quality Belt and Road Cooperation: Brighter Prospects for the Next Decade” Released
ISSUING AUTHORITY:
Office of the Leading Group for Promoting the Belt and Road Initiative
DATE OF RELEASE:
November 24, 2023
On November 24, 2023, the Office of the Leading Group for Promoting the Belt and Road Initiative released “Vision and Actions for High-Quality Belt and Road Cooperation: Brighter Prospects for the Next Decade” (the “Document”).
The Document stated that in the next decade, all parties will be encouraged to strive towards equal cooperation and mutual benefit, propelling belt and road cooperation into a new phase characterized by high-quality development.
The Document specified five objectives, namely building a smoother and more efficient connectivity network, ensuring comprehensive and practical cooperation to reach new levels, elevating the sense of gain and fulfillment for the peoples of all participating countries, establishing a new system to support China’s open economy at a more advanced stage, and popularizing the vision of a global community of shared future.
According to the Document, policy coordination, infrastructure connectivity, unimpeded trade, financial integration, people-to-people ties and cooperation in new fields are the key areas and directions for belt and road cooperation in the next decade.
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