What are the key points of cooperation under the “One Belt, One Road” initiative?

The focus of cooperation under the "Belt and Road Initiative" includes: policy communication, facility connectivity, unimpeded trade, financial integration, and people-to-people bonds.

First, in terms of policy communication, strengthen intergovernmental cooperation and actively build a multi-level intergovernmental macro policy communication and exchange mechanism. Countries along the route can fully communicate and dock with each other on economic development strategies and countermeasures, and jointly formulate plans and measures to promote regional cooperation.

Second, in terms of facility connectivity, it is appropriate to strengthen the docking of infrastructure construction planning and technical standard systems, and jointly promote the construction of international backbone corridors to gradually form a link connecting various sub-regions in Asia as well as Asia, Europe and Africa. infrastructure network. Strengthen the green and low-carbon construction and operation management of infrastructure, and fully consider the impact of climate change during construction.

Seize the key channels, key nodes and key projects of transportation infrastructure, give priority to opening up missing road sections, unblock bottleneck sections, and improve road accessibility. Promote the establishment of a unified full-range transportation coordination mechanism, promote the construction of port cooperation, and expand and establish a platform and mechanism for comprehensive cooperation in civil aviation.

Strengthen cooperation in energy infrastructure connectivity and promote the construction of cross-border power and transmission pipelines. The two sides will jointly promote the construction of cross-border optical cable and other communication trunk networks and smooth the Information Silk Road.

Third, in terms of unimpeded trade, we should focus on solving the problem of investment and trade facilitation, eliminate trade and investment barriers, and actively negotiate with countries and regions along the route to build free trade zones.

Improve the conditions of customs clearance facilities at border ports, accelerate the construction of "single windows" at border ports, reduce customs clearance costs, and improve customs clearance capabilities. Expand trade areas, optimize trade structure, tap new growth points of trade, and promote trade balance. Develop new business formats such as cross-border e-commerce, and vigorously develop modern service trade. Accelerate the process of investment facilitation and eliminate investment barriers. Expand mutual investment areas.

Promote cooperation in emerging industries and encourage countries along the Belt and Road to strengthen in-depth cooperation in emerging industries such as new generation information technology, biology, new energy, and new materials.

Optimize the division of labor in the industrial chain, expand mutual opening up of the service industry, explore new models of investment cooperation, and encourage cooperation in the construction of various industrial parks such as overseas economic and trade cooperation zones and cross-border economic cooperation zones.

Strengthen cooperation on ecological environment, biodiversity and climate change response in investment and trade, and build a green Silk Road. China welcomes companies from all over the world to invest in China. Encourage domestic enterprises to participate in infrastructure construction and industrial investment in countries along the route.

Fourth, in terms of financial coordination, expand the scope and scale of bilateral local currency swaps and settlements in countries along the route. Promote the opening and development of the Asian bond market, jointly promote the establishment of the Asian Infrastructure Investment Bank and the BRICS Development Bank, and relevant parties will conduct consultations on the establishment of a financing institution for the Shanghai Cooperation Organization.

Accelerate the establishment and operation of the Silk Road Fund. Support governments of countries along the route and companies and financial institutions with higher credit ratings to issue RMB bonds in China. Strengthen financial regulatory cooperation.

Fifth, in terms of people-to-people bonds, we should expand the scale of overseas students between each other and carry out cooperation in running schools. China provides 10,000 government scholarships to countries along the route every year.

Strengthen tourism cooperation, expand tourism scale, jointly create international high-quality tourism routes and tourism products with Silk Road characteristics, and improve visa facilitation for tourists from countries along the route. Strengthen scientific and technological cooperation, and actively explore and promote practical cooperation with countries along the Belt and Road in areas such as youth employment and entrepreneurship training.

New Silk Road Map of the “Belt and Road Initiative”

1. Northern Route A: North America (United States, Canada) - North Pacific - Japan, South Korea - Sea of ??Japan - — Vladivostok (Zarubino Port, Slavyanka, etc.) — Hunchun — Yanji — Jilin — Changchun (i.e. Changjitu Development and Opening Pilot Zone) — Mongolia — Russia — Europe (Northern Europe, Central Europe , Eastern Europe, Western Europe, Southern Europe).

2. Northern Line B: Beijing - Russia - Germany - Northern Europe.

3. Middle line: Beijing - Zhengzhou - Xi'an - Urumqi - Afghanistan - Kazakhstan - Hungary - Paris.

4. Southern route: Quanzhou - Fuzhou - Guangzhou - Haikou - Beihai - Hanoi - Kuala Lumpur - Jakarta - Colombo - Calcutta - Nairobi - Athens - Venice.

5. Center line: Lianyungang - Zhengzhou - Xi'an - Lanzhou - Xinjiang - Central Asia - Europe.

The above content refers to People’s Daily Online – China proposes five major cooperation priorities for the “Belt and Road Initiative”