7. 'Silk Road' initiative to galvanize regional cooperation
Having introduced the "Silk Road Economic Belt and the 21st Century Maritime Silk Road" concept last year, 2014 saw China elevate the initiative into a key diplomatic objective to improve cooperation across Eurasia. During his four-country tour of Tajikistan, the Maldives, Sri Lanka and India in September, President Xi Jinping called on those countries to actively join in the initiatives to enhance communication and economic integration across the region.
"One Belt One Road" received a further boost on Nov 8 when President Xi announced China's pledge of $40 billion to set up a Silk Road fund. The purpose of the fund is to improve connectivity across Asia by investing in infrastructure, resources and industrial and financial cooperation, among other projects.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
