19 August 2019

Govt steps up work on Silk Road plans, paper says

China is stepping up preparations to establish the Silk Road Economic Belt and the Maritime Silk Road, and hopes to roll out related plans this year, the Economic Information Daily reported Wednesday, citing Du Ying, deputy director of the National Development and Reform Commission. The two schemes, which were first proposed by the country’s top leadership last year, are part of the government’s efforts to strengthen economic cooperation and diplomatic relations with neighboring countries, the report said. A Silk Road economic belt agreement was signed last year by 24 cities from eight countries, including Almaty of Kazakhstan, Bishkek of Kyrgyzstan, Meshed of Iran, and Urumqi in China’s Xinjiang Uygur Autonomous Region, while the Maritime Silk Road seeks to bolster China’s trade ties with Southeast Asian and South Asian nations.

– Contact HKEJ at [email protected]



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