China-EU trade cooperation: closer and greener
x11
China-EU trade cooperation: closer and greener
13 May 2022
Bilateraltradebetween China and the European Union (EU) rose 6.8 percent year on year to reach 1.73 trillion yuan in the first four months of this year, accounting for 13.8 percent of China's foreigntradeduring the period, according to the General Administration of Customs. Economic and trade cooperation between EU and China has proved to be astoundingly resilient and vigorous despite the negative consequences of the pandemic. Going forward, closer and greener trade cooperation will benefit both sides and the overall recovery of the world economy. -- Closer ties between complementary partners Sound foundations have been laid for the resilience and vigor of China-EU trade, said Zhang Jianping with the research institute of China's Ministry of Commerce (MOC). To start with, bilateral trade cooperation between China and EU plays an important role in global stability, according to Zhang. Over four decades since China's reform and opening-up, the two sides have strengthened cooperation in trade andinvestmentand intensified coordination and integration of global supply chain and value chain. In addition, the two economies are complementary in terms of economic structure and developing stage, which will have larger potential for further growth of bilateral trade andinvestment. The European Union has well developed service industry and high-tech industry. China, however, is still endeavouring to advance its industrialization, with complete industrial system and various industrial categories, making it excel in the manufacturing industry, said Zhang. Besides, China and EU have made strides in establishing cooperation mechanisms through high-level exchanges, such as China-EU investment pact and China-EU geographical indication (GI) agreement. The ratification of the bilateral investment treaty is a common concern of the two sides. It is learned that China and EU have both been working on technical work, such as legal review, to prepare for the ratification and implementation of the treaty, since they completed negotiations in late 2020. Regarding the China-EU agreement on the protection of GIs, for the record, it formally entered into force on March 1 last year. According to the agreement, 100 GIs from each side, involving liquor, tea, food and farm produce, came under protection on the same day. The second GI list, consisting of 175 GIs from each side, is set to go through protection procedures within the next four years. The landmark agreement on GIs between the two sides for the first time protects and guarantees the authenticity of GIs on a large scale. It has started to benefit both sides since it came into effect. Data showed that in the first quarter of this year, China-EU trade in tea, beer, apple, and cheese and milk has surged 54 percent, 21 percent, 69 percent, and 56 percent on year, respectively. -- Common commitments on carbon-neutrality Green development has become common sense of international community. China and EU have great potential and ample space in collaborations of low-carbon development and green energy, Zhang stressed. He said, the Europe has been a pioneer of global green development and plays a leading role in sustainable production, consumption and trade. The EU unveiled its European Green Deal in 2019 and the bloc aims at reaching carbon neutrality by 2050. Meanwhile, China has committed itself to peak its carbon emissions before 2030 and becoming carbon neutral by 2060 and rolled out a slew of measures towards the two goals. While China is delivering on its promise of carbon neutrality, the country is synergizing its development strategy with that of the EU to generate new driving forces in closer partnership. For example, China's Shanghai Electric Power Company is putting its expertise in wind, solar and hydrogen power into use onMalta's Gozo Island, which it aims to turn into the EU's first carbon-neutral island. The company is also involved in other green power projects in Malta andMontenegro. Malta is not the only European country that is working with China to generate green power. Wind farm projects inItalyand Croatia have also proved how the tie-up of Chinese renewable technology and Europe's ambitious green targets can make a difference. Zhang said that the EU may be determined to accelerate use of renewable energy due to the current energy crisis, which will greatly improve the partnerships in solar power and wind power between China and EU. Source:Belt and Road Portal
China steps up efforts to promote "Air Silk Road"
x1
China steps up efforts to promote "Air Silk Road"
12 May 2022
China has been promoting development of "Air Silk Road" in recent years, thereby enhancing interconnection, economic andtradecooperation, cultural exchange with other countries and regions and advancing the high-quality development of theBelt and Road Initiative(BRI). The country has yielded fruitful results in developing "Air Silk Road" during the 13th Five-Year Plan period (2016-2020). Recently, Chinese authorities have issued an implementation plan for promoting high-quality development of "AirSilk Road" in the 14th Five-Year Plan period (2021-2025), proposing to build a safe, reliable, convenient, efficient, green, intensive, mutually beneficial and inclusive "Air Silk Road". --Policysupport As early as 2016, the Civil Aviation Administration of China (CAAC) issued an action plan for promoting development of BRI by the civil aviation industry from 2016 to 2030, putting forward to realize direct flights and interconnection withBelt and Road(B&R) countries during the 2016-2020 period, and to complete the building of a fully-functional airport network, a global air transport network and an efficient information monitoring network from 2021 to 2030. The Outline of the 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035adopted in March 2021 explicitly proposed to build an "Air Silk Road". The development plan for civil aviation industry in the 14th Five-Year Plan Period rolled out at the end of last year also made it clear to boost construction of "Air Silk Road" and enhance international air freight capacity. According to the document, China will run direct flights to more than 70 countries and regions, including 50 participants of the BRI. Essentially, "Air Silk Road" is a complement to the BRI. By building a bridge of cooperation for the air transport industry, "Air Silk Road" has enriched the BRI that mainly incorporates land and maritime transport, according to Ma Jian, general-secretary of China Center for Urban Airport Economy Research. -- Major achievements China has yielded fruitful results in pushing forward "Air Silk Road" construction during the 2016-2020 period. Remarkable achievements were made in the interconnection of infrastructure. Construction of world-class airport clusters, international aviation hubs and regional aviation hubs was accelerated from 2016 to 2020. During the period, China actively participated in the airport construction of some B&R countries, contributing to the development of their aviation infrastructure, according to the CAAC. Steady progress was made in international cooperation on air transport. China signed bilateral air transport agreements with 98 B&R countries, with Chinese carriers opening flights to 42 B&R countries. The number of flights to and from these countries accounted for more than 60 percent of China's total international flights. Meanwhile, China deepened dialogues and cooperation with civil aviation authorities of B&R countries by holding international conferences such as the Asia Pacific Ministerial Conference on Civil Aviation and the EASA-CAAC Aviation Safety Conference. People-to-people and cultural exchange were deepened. "Air Silk Road" provided a lifeline for the global fight against theCOVID-19pandemic by guaranteeing the smooth transportation of anti-pandemic supplies. Also, a B&R cooperation platform coordinating international cooperation resources was built to enhance personnel exchange and business training of civil aviation authorities and researchers, with the aim to provide support for countries and regions in Asia and Africa to strengthen their air transport capacity. -- High-quality development On May 6, the CAAC and the National Development and Reform Commission (NDRC) jointly rolled out an implementationpolicywith a string of measures to advance high-quality development of "Air Silk Road" in the 14th Five-Year Plan period. The document stipulates guiding philosophy, basic principles, major targets and main tasks on building "Air Silk Road". The document pledges to build a safe, reliable, convenient, efficient, green, intensive, mutually beneficial and inclusive "Air Silk Road", thus contributing to building China into a strong civil aviation country in a new era and providing support for the high-quality development of the BRI. As the document tells, during the 14th Five-Year Plan period, distribution of aviation hubs will be improved and the connectivity of flight lines will be strengthened. New developments are expected in the fields of cooperation mechanism building and improvement, as well as exchange of people and culture. The document calls on to reinforce the brand-building of "Air Silk Road", in a way to further expanding cycle of friends. On the above-mentioned basis, eight concrete indicators are designated to assess the outcomes in the aspects of policy, connectivity,tradeand people-to-people exchange. Also, eight major tasks are outlined in the document, including deepening opening up and development of domestic civil aviation hubs, enhancing connectivity among flight lines networks, advancing infrastructure construction cooperation in civil aviation industry, strengthening science and technology innovation and cooperation, enabling better alignment of rules and standards, and promoting exchange of people and culture, international trade cooperation and cooperation on platform construction. To realize these major tasks, eleven major projects are planned, such as intensifying bilateral policy coordination and alignment of standards. Source: Belt and Road Portal
RCEP creates new dividend, opportunities to China-Malaysia trade
x1
RCEP creates new dividend, opportunities to China-Malaysia trade
11 May 2022
As the Regional Comprehensive Economic Partnership (RCEP) Agreement came into force for Malaysia on March 18, China-Malaysiatradehas seen new dividend and opportunities. -- Fruitful results in"Two Countries, Twin Parks"cooperation The Malaysia-China (Guangxi)InvestmentForum and celebrations of the 10th anniversary of the "Two Countries, Twin Parks" initiative between China and Malaysiawas held in Nanning, capital of south China's Guangxi Zhuang Autonomous Regionin late April. The "Two Countries, Twin Parks" initiative, a landmark project under theBelt and Road Initiative(BRI), has yielded fruitful results during the past decade. Under the RCEP, the cooperation is expected to be further enhanced and upgraded. At the event, Chinese and Malaysian companies have signedinvestmentor strategic cooperation agreements on 11 projects involving cross-border logistics, industries andtrade. Among them, projects concerning the two industrial parks, the China-Malaysia Qinzhou Industrial Park and the Malaysia-China Kuantan Industrial Park will add further logistics support to the construction of cross-border industrial chain. Other projects in industries of non-ferrous metal, durian and bird's nest soup, will benefit from the RCEP agreement and facilitate the commodity trade between the two countries. China is willing to jointly implement the RCEP with Malaysia, lend support to the regional industrial chain through the New International Land-Sea Trade Corridor, deepen trade cooperation between the two sides and promote the the co-construction of theBelt and Road(B&R), according to China's Ministry of Commerce (MOC). China is expected to built the "Two Countries, Twin Parks" cooperation into a role model project in China-ASEAN trade cooperation, with an aim to contribute to regional economic recovery, the MOC added. The New International Land-Sea Trade Corridor plays an important part in China-Malaysia economic and trade cooperation, said Zou Lei, a researcher with Shanghai Party Institute of CPC. The New International Land-Sea Trade Corridorisa trade and logistics passage connecting Southeast Asian countries and provincial-level regions of western China, representing a flagship project in the co-construction of the B&R by China and ASEAN countries. It reduces shipping distance, time and logistics costs by applying modern logistics system, according to Zou. -- Great potential in bilateral investment China remained the largest trade partner of Malaysia in the first quarter of this year, according to Malaysian official data. The Year 2021 marked the 13th consecutive year of China holding the position. Malaysia hopes more Chinese enterprises, especially high-tech firms, to invest in the country, said Malaysian former premier Mahathir Mohamad when talking to Chinese Ambassador to Malaysia Ouyang Yujing on May 5. Malaysia boasts unique market andpolicyedges to attract Chinese enterprises, such as large population, market size and economic size, sound industrial foundation, which play a key role in regional economic development, and thus becomes a great choice for Chinese enterprises to enter the ASEAN market, according to Zou. Besides, Malaysia-China Kuantan Industrial Park offers a slew of favorable policies, such as 15-year tax exemption, which could help enterprises sustain multinational business, gain foothold in local market and expand regional market. Zou pointed out that the two sides could explore cooperation opportunities in emerging fields, including e-commerce, digital trade, big data, cloud computing, new energy vehicle, bio-medicine and new material. Source:Belt and Road Portal
Interview: China to inject new vitality into global recovery: economist
x1
Interview: China to inject new vitality into global recovery: economist
11 May 2022
DHAKA, May 10 (Xinhua) -- China is set to drive global economic growth and inject new vitality into global recovery, a leading Bangladeshi economist told Xinhua in an interview on Monday. "China did well during COVID-19 which may be the example for other nations," said Md Aynul Islam, general secretary of the Bangladesh Economic Association (BEA), noting that enormous resources and community cooperation have been put to rein in infections with less disruption to life and economy. He believes that China has adequate policy instruments and conditions "to withstand risks and stabilize the market," and could unleash greater potential for further development. Chinese economy has already shown its mettle and gradually accumulated more and more power, said the leader of the BEA, which has more than 4,500 economist members from academia, government, businesses, civil society and other sectors. Islam, also a professor of economics at Jagannath University in the capital Dhaka, noted that Chinese macroeconomic indicators are providing a good reason to believe that a sustained recovery is in the offing. With reference to the impact of various other challenges, including uncertainties in the international arena and risks brought by rising protectionism and de-globalization, he said China's long run growth trajectory is strong and sustainable. "Its investment policies are effective and prudent. China's global market share is rising which may confirm its currency power in the future," said the professor, adding that China has been able to prompt global economic growth. China, given its remarkable economic resilience and efficient macro-economic policies, will surely get out of the present predicament and will be able to inject more vitality into global recovery, Islam said. Despite the pandemic's near-term impact on socio-economic development, he said China in the past overcame the repercussions of COVID-19 by implementing the dynamic zero-COVID policy. Bangladesh can get a lot of lessons from the Chinese policies of facilitating the development of small and medium enterprises and providing adequate government support. Source: Xinhua
China unveils measures to press ahead dev't of airborne Silk Road in 2021-25
x1
China unveils measures to press ahead dev't of airborne Silk Road in 2021-25
11 May 2022
China on May 6 rolled out an implementationpolicywith a string of measures to advance high-quality development of airborneSilk Roadin the 14th Five-Year Plan period (2021-2025). The document, jointly released by the Civil Aviation Administration and the National Development and Reform Commission (NDRC), stipulates guiding philosophy, basic principles, major targets and main tasks on building airborne Silk Road, or Silk Road in the air. The document pledges to build a safe, reliable, convenient, efficient, green, intensive, mutually beneficial and inclusive airborne Silk Road, thus contributing to building China into a strong civil aviation country in a new era and providing support for the high-quality development of theBelt and Road Initiative. As the document tells, during the 14th Five-Year Plan period, distribution of aviation hubs will be improved and the connectivity of flight lines will be strengthened. New developments are expected in the fields of cooperation mechanism building and improvement, as well as exchange of people and culture. The document calls on to reinforce the brand-building of airborne Silk Road, in a way to further expanding cycle of friends. On the above-mentioned basis, eight concrete indicators are designated to assess thepolicyoutcomes in the aspects of policy, connectivity,tradeand people-to-people exchange. Also, eight major tasks are outlined in the document, including deepening opening up and development of domestic civil aviation hubs, enhancing connectivity among flight lines networks, advancing infrastructure construction cooperation in civil aviation industry, strengthening science and technology innovation and cooperation, enabling better alignment of rules and standards, and promoting exchange of people and culture, internationaltradecooperation and cooperation on platform construction. To realize these major tasks, eleven major projects are planned, such as intensifying bilateral policy coordination and alignment of standards. Source:Belt and Road Portal
Interview: Green investment to be major growth driver for China, New Development Bank VP says
x1
Interview: Green investment to be major growth driver for China, New Development Bank VP says
9 May 2022
ST. GALLEN, Switzerland, May 7 (Xinhua) -- Green investment and sustainability will be major growth drivers for China in the future, said Vice President and Chief Financial Officer of the New Development Bank (NDB) Leslie Maasdorp on Friday. "Most of the world suffered during the last two years as a consequence of the successive lockdowns and COVID. China has done extremely well in 2020 and 2021 to recover from that crisis," Maasdorp told Xinhua at the 51st St. Gallen Symposium in Switzerland, a student initiative aiming to foster cross-generational dialogue that took place on May 5-6. "I think 2022 is likely going to be very, very challenging," said the NDB VP, adding that while China is going through major adjustments and rebalancing, he thought "there are strong economic drivers that will propel China's economy forward and the commitment to green and sustainability is a key area." "There are new industries being developed in China that will propel the next phase of its growth story," he also said. According to the NDB's general strategy, sustainable infrastructure development is at the core of its operational strategy which is AA+ rated by S&P and Fitch. Maasdorp also pointed to the strong demand for infrastructure projects around the world, especially in emerging markets. The NDB, headquartered in Shanghai, is a lender established by the BRICS group of emerging nations (Brazil, Russia, India, China and South Africa) in 2015. It aims to become a global development bank to mobilize resources for infrastructure and sustainable development. "The bank is now rapidly becoming an emerging-markets anchored global institution," said the executive, adding this year and next it will continue to expand because "there is a massive need for sustainable infrastructure finance." "As a result of COVID, a lot of governments are fiscally constrained, they do not have the resources to build new infrastructure, new power, new ports, new rail infrastructure and so on, and that is where the bank plays a critical role," he said. "In Central Asia and South Asia we see strong interest in new finance on the sustainable front because many of these countries need to green their economies and that is one of our specialties. We're helping countries to move towards the green economy as we all battle with the transition towards net zero," the executive said. Since its establishment, the NDB has approved more than 80 projects for its members, with a total portfolio of 33 billion U.S. dollars. The projects cover sectors including transport, water and sanitation, clean energy, digital infrastructure, social infrastructure and urban development. "The bank has a 50-billion-dollar subscribed capital base. Ten billion dollars of that is equity money we received from the countries and our plan now is to expand over the next number of years to reach a capital base of 100 billion dollars," Maasdorp said. "We will do that by expansion, bringing in new countries, both developed countries as well as developing countries. When countries join, they put in fresh capital into the bank and we use that money to leverage and raise more money through the debt capital markets," he said. He added that the bank aims to raise new climate funds as part of their commitment to the fight climate change. The NDB, prioritizing its expansion, has admitted four new members in 2021: Bangladesh, Egypt, the United Arab Emirates (UAE) and Uruguay. Source: Xinhua
Lum Wan Liang, Consul General of Consulate General of Malaysia in Xi'an and his delegation paid a visit to SRCIC Secretariat
x1
Lum Wan Liang, Consul General of Consulate General of Malaysia in Xi'an and his delegation paid a visit to SRCIC Secretariat
28 Apr 2022
SRCIC Secretary General Diane Bian held a talk with Lum Wan Liang, Consul General of Consulate General of Malaysia in Xi'an and his delegation On April 27, 2022, SRCIC Secretary General Diane Bian held a talk with Lum Wan Liang, Consul General of Consulate General of Malaysia in Xi'an, Loh Kai Yong and Raymond Raman, President and Secretary General of the Xi'an Branch of Malaysian Chamber of Commerce and Industry in China (MAYCHAM CHINA). SG Bian first extended welcome to Consul General Lum Wan Liang and his delegation. She pointed out that SRCIC has been committed to building a cooperation platform between governments and enterprises. Despite the suspension of offline activities due to the COVID pandemic, the long-standing cooperation and friendship between SRCIC and its members and partners continues. It is expected that in the post pandemic period, SRCIC and Malaysian Consulate can resume cooperation and share new opportunities for investment and development by co-sponsoring business promotion seminars and other activities. SG Diane Bian and Consul General Lum Wan Liang Although it was only his first visit to SRCIC, Consul General Lum said he had an understanding of it through MAYCHAM CHINA and affirmed SRCIC's achievements since its establishment. Subsequently, he introduced the Consulate General of Malaysia in Xi'an, and said that today's meeting is only a beginning to the many more opportunities to discuss cooperation in depth in the future. The meeting was also attended by Emma Wei, Director of SRCIC Membership Center Section I, Alina Cao, Director of SRCIC Membership Center Section II, and Valentina Wang, Deputy Director of of SRCIC Membership Center Section II.
Two Sessions Through an Foreign Eye: Jean-Guy Carrier: Sino-US competition will always exist, but cooperation is absolutely necessary
x1
Two Sessions Through an Foreign Eye: Jean-Guy Carrier: Sino-US competition will always exist, but cooperation is absolutely necessary
10 Mar 2022
The national "Two Sessions" for 2022 are ongoing in Beijing. The Shenzhen TV created a special program Two Sessions Through an Foreign Eye, inviting internationally influential figures to comment on China's “Two Sessions” from their perspectives. Recently, Mr. Jean-Guy Carrier, Executive Chairman of the Silk Road Chamber of International Commerce and former Secretary General of International Chamber of Commerce, was in for an interview with Zhu Endi, reporter of Shenzhen TV based in Beijing. The transcript of the interview is as follows, Zhu: Our Foreign Minister Wang Yi is holding the annual press conference right now. He mentioned before that it is cooperation that represents the mainstream of the China-US relations. To define the relationship as competition is oversimplification. So how do you think of this? Carrier: I think it's very true because I fervently believe that the world needs more Chinese culture. By that I mean the Chinese way of looking at daily life, and how you deal with living and with developing your economy and so forth, based more on cooperation than on trying to undermine each other or trying to throw tariffs and sanctions at each other. I think all of us in the world will benefit from more of that sort of attitude, being influential in the world. So in that sense, the notion of competition is always going to be there, but I think cooperation is absolutely necessary. Voiceover: Carrier is currently in Switzerland. He observed that when the people of the European continent are worried about a war, China is discussing practical problems faced by the mankind, such as economic development and coping with climate change. Such a sharp contrast made him think. When I follow what Premier Li Keqiang has said and what the People's Congress is discussing, it's such as striking contrast. Because they are talking about vital things for the entire planet like climate change, reducing inequality, the Belt and Road Initiative, and fair development and so forth. And the rest of us are obsessed with a regional war. It is such a striking contrast between that discussion and what is happening here in Europe. Again, it just emphasizes for me the importance of China in the world, and to hear what is being said and what people are thinking in China. Zhu: China has outlined its plan to stabilize domestic economy in this crucial year. So what does it mean to China and to the global economy? Carrier: I think China is becoming an engine for the economy. So we can see that with Covid-19 and all the other kinds of pressures that have been exerted around the world on trade, on investment, on flows within countries etc,. It is perfectly normal for government of China to say we have to pay more attention to our domestic market in this crisis situation. And you know frankly, for the rest of the world, this is also very important. Voiceover: Carrier analyzed that it is realistic and practical for China to set its economic growth target at around 5.5 percent this year given the COVID-19 pandemic and uncertainties of global trade and investment. I think there are very obvious reasons. First of all, every economy has suffered because of the Covid-pandemic. China is not immune from that. Also there have been so many disruptions in terms of global trade and investment. Again, everyone suffers from that. So what I find encouraging in the government’s target is I think it is realistic, (which) means to set too high a target at this point would be to try fooling everyone, (making them) thinking the world is in better shape than it is at this moment. Zhu: I noticed that you said the target is realistic and practical. In order to achieve this target, what does China need to do? Carrier: What we are all hoping for is that China will reengage with international community. (It will) in fact promote more trade and investment in the world. We see good signs of this. Chinese company is building the biggest automobile electric battery production facility in Germany. So there are encouraging signs of that sort that Chinese companies are continuing to engage in the world, to invest in the world and to work with business people around the world. And I think that is the key to Chinese development.
Beijing 2022 Olympics and Paralympics: Win-win for participants and all: Jean-Guy Carrier
Beijing 2022 Olympics and Paralympics: Win-win for participants and all: Jean-Guy Carrier
15 Feb 2022
By Jean-Guy Carrier The achievements of athletes such as Gu Ailing and her counterparts from around the world at Beijing 2022 are a testament to the enduring spirit of the Olympic Games, and their ability to inspire us all. When viewed through the prism of Chinese history, the Olympic and Paralympic Games of 2022 are the culmination of an extraordinary evolution: starting from a peaceful sporting competition in 776 B.C. between bellicose Greek city states in the neutral venue of Olympia to an event that unites thousands of athletes from around the world in China's capital Beijing for a celebration of the human spirit. Ancient literary sources recorded that Koroibos – a cook, baker and athlete – won the stadion race, a foot race 600 feet long that was the only event for the first 13 Olympic Games. From the very start there were measures to keep the Games non-political. The competing states were often in conflict at this time but they agreed and respected an "Olympic truce" to enable athletes from all city states to travel safely to Olympia for the Games. The first edition of the modern Olympic Games was staged in Athens, Greece, in 1896, while the first winter edition was held in Chamonix, France, in 1924. The founders of the modern Games proclaimed them to be truly international and non-political. Throughout their history the Games have had to surmount their use for political purposes. They have also successfully pursued inclusion of all nations, genders and a growing number of sporting disciplines. The 2022 Olympic and Paralympic Games are once again being hosted by China. Athletes are gathering under the constraints of a global pandemic, with the men and women we see competing having surmounted enormous personal challenges and obstacles to be in Beijing. People around the world join these athletes each day to affirm the peaceful legacy of the Olympic spirit. China and its people deserve respect and recognition for having assumed this international legacy at a difficult moment for international cooperation. All the athletes participating in the 2022 Winter Games are Olympic champions. The modest baker-athlete who won the first Olympic race in 776 B.C. set a standard for his time and for all times. The path from that time to our own and to the achievements of 21st century athletes such as Gu Ailing and her counterparts from around the world is a testament to the enduring spirit of the Olympic Games, and their ability to inspire us all. The founder of the modern Games, Pierre de Coubertin, once proclaimed: "The important thing in the Olympic Games is not to win, but to take part; the important thing in Life is not triumph, but the struggle; the essential thing is not to have conquered but to have fought well. To spread these principles is to build up a strong and more valiant and, above all, more scrupulous and more generous humanity." From the long view of history, the 2022 Winter Olympics and Paralympics are a win-win both for those taking part and for all the rest of us. Jean-Guy Carrier is non-resident senior fellow of Chongyang Institute for Financial Studies, Renmin University of China, and executive chairman of Silk Road Chamber of International Commerce. Source: china.org.cn
SRCIC Chairman Lu Jianzhong and Other Chamber Leaders Attended The 2nd Dialogue on Exchanges and Mutual Learning among Civilizations
x1
SRCIC Chairman Lu Jianzhong and Other Chamber Leaders Attended The 2nd Dialogue on Exchanges and Mutual Learning among Civilizations
12 Jan 2022
On January 10, the second Dialogue on Exchanges and Mutual Learning among Civilizations, instructed by the International Department of CPC Central Committee and hosted by the Chinese Association for International Understanding (CAFIU), was held in Beijing online and in person. Chinese Vice President Wang Qishan video addressed the forum. Ji Bingxuan, vice chairman of the National People's Congress Standing Committee and president of CAFIU, delivered a keynote speech. Song Tao, head of the International Department of CPC Central Committee, presided over the opening ceremony. Wang said that promoting exchanges and mutual learning among civilizations is a major task to achieve world peace and development, as well as a better life for the people. “We need to deepen the understanding of our own and other civilizations, find the key to inter-civilization exchanges from the perspective of all mankind, gain confidence from history, culture and philosophy, and build consensus on building a community with a shared future for humanity,” he said. Vice President Wang Qishan delivering a video speech Wang noted that China will continue to strengthen solidarity and coordination with other countries to pool forces for the advancement of civilization and jointly create a better future. "We are willing to share the opportunity of development with the world, accelerate the implementation of the Global Development Initiative and deepen the Belt and Road cooperation," he said. Cambodia's Standing Deputy Prime Minister and Cabinet Minister, BinChhin, pointed out that there is no good or bad civilization. Strengthening exchanges and mutual learning among civilizations will help enhance mutual understanding and respect, which will lay a solid foundation for lasting world peace, social progress and prosperity. Former Egyptian Prime Minister, Essam Sharaf, said that political system is rooted in culture. Therefore, it is important to enhance cultural exchanges, to respect each country’s own interpretation of peace, development, fairness, justice, democracy and freedom and their exploration of approaches to realizing this. In doing so, according to him, we can promote the harmonious coexistence of multiple civilizations and jointly build a better world. Former Spanish Prime Minister, Jose Luis Rodriguez Zapatero, believed that similarities exist in the history of different continents. He emphasized the importance of identifying similarities, seeking common ground while reserving differences. He also said that countries should work together to promote cultural cooperation and social progress, in order to address the challenges and risks facing humankind. Chen Zhou, Vice-Minister of the International Department of the CPC Central Committee, presided over the second phase of the opening session. During the Dialogue among the Envoys of Civilization at the opening session, Lu Jianzhong, vice president of CAFIU and chairman of the Silk Road Chamber of International Commerce, pointed out that different countries and civilizations can coexist. “As long as we share the vision of a better future, we can always achieve consensus among differences, be it in competitive sports, relations with major countries or mutual learning. We hope that this dialogue will provide useful reference for different countries and civilizations to resolve differences and work together. ,”Lu said. In conclusion, Lu wished success to the Beijing 2022 Winter Olympic Games, an event that he believes will help all countries join hands and inject stronger impetus into the future. With the theme of Upholding Diversity of Civilizations and Carrying forward Shared Values of Mankind, about 260 guests were present at the dialogue to exchange ideas. The outcome document Beijing Vision was released at the dialogue, expressing the hope that exchanges and mutual learning among civilizations will become a bridge of friendship among peoples, a driving force for human progress and a bond for world peace. Other SRCIC leaders were also present at the online dialogue, includingAlexander Tomov, senior adviser to the SRCIC and former Bulgarian Deputy Prime Minister,Mr. Francis Chua, vice chairman of SRCIC and founding chairman of SRCIC the Philippines, Mr. Kassem Tofailli, president of the Arab Chinese Cooperation and Development Association (ACCDA), and Mr. Mohammad Omer, chairman of Somalia-China Business Council. They expressed in their own words that diversity of civilizations is a defining feature of human society. Exchanges and mutual learning are important driving forces for human progress and world peace and development. By fully developing the role of business associations for connectivity, they are ready to make positive contributions to enhancing friendship among peoples, promoting global economic and trade prosperity and building a community with a shared future for mankind. Alexander Tomovsaid 2nd Dialogue on Exchanges and Mutual Learning among Civilizations is undoubtedly a forum with an important meaning for the whole world. Today the world is undergoing an epochal change. We are passing from one to another generation of technology which makes world more integrated from ever before. In such a complex situation and environment, the historical perspectives are only two – either the accent will be stressed on the dialogue, mutual agreement and shared future for the mankind or the forces of the regress with get us back to the times of the Cold war and the mutual opposition. The speech of Mr. Wang Qishan in front of the 2nd Dialogue on Exchanges and Mutual Learning among Civilizations makes a powerful impression with its engagement for deepening the dialogue between the countries, peoples and civilizations. For me there is no doubt that these ideas will conquer more and more people because they are related with the objective changes of mankind. The lack of implementation of one will, one dictate but the dialogue and mutual agreement will define the look of the forthcoming decade. It that sense the holding of the 2nd Dialogue on Exchanges and Mutual Learning among Civilizations has a big contribution for sharing of ideas and values between people. We, in Bulgaria, believe that this is the only way that the peoples can develop successfully and to guarantee the progress of their countries.
A Message to the New Year 2022
A Message to the New Year 2022
31 Dec 2021
A Message to the New Year 2022 From Silk Road Chamber of International Commerce Time flies and seasons turn. In the past 2021, opportunities and challenges coexisted. Difficulties and hopes went hand in hand. In 2021, the high-quality joint construction of the "Belt and Road" harvested solid and fruitful achievements. The “hard connectivity” of infrastructure progressed smoothly: the China-Europe freight trains connect the Europe and Asia, and the China-Laos railway has been officially put into operation. The “soft connectivity” of rules and standards has been strengthened: the circulation procedures of commodities, capital, technology, and personnel have been simplified, the transaction costs have been reduced, and the flow of production factors has become more convenient. The “heart and mind connectivity” of people from all over the world has also been deepened by rich, diverse and interactive cultural exchanges. In 2021, the Global Development Initiative (GDI) drew a fresh blueprint for international cooperation and development. The GDI proposed by President Xi Jinping on the 76th Session of the United Nations General Assembly defines the goals, principles and key areas for global development and international cooperation. It received extensive positive response and support, providing another important public good and cooperation platform to the international community. In 2021, members of SRCIC demonstrated strong sense of pro-activeness and responsibility. They endorsed the Joint Statement of the International Forum on COVID-19 Vaccine Cooperation, and strove to help domestic businesses to achieve sustainable development. SRCIC members have also organized various online and offline events to promote international trade cooperation. In 2021, projects promoted by SRCIC have achieved gratifying progress. The Silk Road International Culture and Artworks Exchange in the Hainan Free Trade Port was launched in June, and the digital artworks carried online were immediately sold out; the projects of Silk Road International Cultural Park have been successfully implemented in Zhangjiajie, Hunan Province and Gongyi, Henan Province. Negotiation with the local government of Haikou, Hainan Province is in progress to replicate the projects. In 2021, face-to-face meetings were difficult, but our bond grew even tighter through online communication and heart-to-heart connection. At present, the world is going through great turbulence and profound changes, which are intensified by an unprecedented pandemic. We believe that connectivity, openness and inclusiveness are the only solutions to global crisis and long-term development. SRCIC is willing to work with business communities worldwide to build a platform for exchanges, practical cooperation and development opportunities. We will jointly promote the high-quality Belt and Road cooperation for mutual benefits, and contribute to a shared future and a better world for the mankind. Marching onward, we are not alone. Let us join our hands and hearts like a family to embrace a new and better 2022. We wish you a happy and prosperous New Year! Yours sincerely, Silk Road Chamber of International Commerce
Deputy Director General of Shaanxi Provincial Department of Commerce visits SRCIC
x1
Deputy Director General of Shaanxi Provincial Department of Commerce visits SRCIC
17 Sep 2021
On the afternoon of September 16, a delegation led by Sun Jinghu, Deputy Director General of Shaanxi Provincial Department of Commerce, paid a survey visit to the Shaanxi Representative Office of Silk Road Chamber of International Commerce. Accompanied by Diane Bian, Secretary General of SRCIC, Deputy Director General Sun visited the Tang West Market Museum and had a discussion meeting at the Belt and Road Cultural Exhibition Center. Discussion meeting Secretary General Bian introduced the establishment and development of SRCIC, and expressed that SRCIC would give full play to its member resources and its role as a non-governmental organization, and strengthen its collaboration with Shaanxi enterprises by providing tailored networking services for those aspiring to “go out” and achieving innovative development. Deputy Director General Sun pointed out that as an overseas non-governmental organization, SRCIC should operate in accordance with laws and regulations. It should leverage its role as a platform and bridge to help local firms to “go out” and facilitate cooperation between them and their potential foreign partners. In doing so, SRCIC will make a contribution to the development of Shaanxi Province. The discussion was also joined by Director of Foreign Affairs Liaison Division of Shaanxi Provincial Department of Commerce Li Xiaoling, Director of Foreign Trade Division Li Lin, Deputy Director of Foreign Affairs Liaison Division Guo Chen, Deputy Secretary Generals of the SRCIC Li Qiang and Huang Zhe.
China-EU trade cooperation: closer and greener
x11
China-EU trade cooperation: closer and greener
13 May 2022
Bilateraltradebetween China and the European Union (EU) rose 6.8 percent year on year to reach 1.73 trillion yuan in the first four months of this year, accounting for 13.8 percent of China's foreigntradeduring the period, according to the General Administration of Customs. Economic and trade cooperation between EU and China has proved to be astoundingly resilient and vigorous despite the negative consequences of the pandemic. Going forward, closer and greener trade cooperation will benefit both sides and the overall recovery of the world economy. -- Closer ties between complementary partners Sound foundations have been laid for the resilience and vigor of China-EU trade, said Zhang Jianping with the research institute of China's Ministry of Commerce (MOC). To start with, bilateral trade cooperation between China and EU plays an important role in global stability, according to Zhang. Over four decades since China's reform and opening-up, the two sides have strengthened cooperation in trade andinvestmentand intensified coordination and integration of global supply chain and value chain. In addition, the two economies are complementary in terms of economic structure and developing stage, which will have larger potential for further growth of bilateral trade andinvestment. The European Union has well developed service industry and high-tech industry. China, however, is still endeavouring to advance its industrialization, with complete industrial system and various industrial categories, making it excel in the manufacturing industry, said Zhang. Besides, China and EU have made strides in establishing cooperation mechanisms through high-level exchanges, such as China-EU investment pact and China-EU geographical indication (GI) agreement. The ratification of the bilateral investment treaty is a common concern of the two sides. It is learned that China and EU have both been working on technical work, such as legal review, to prepare for the ratification and implementation of the treaty, since they completed negotiations in late 2020. Regarding the China-EU agreement on the protection of GIs, for the record, it formally entered into force on March 1 last year. According to the agreement, 100 GIs from each side, involving liquor, tea, food and farm produce, came under protection on the same day. The second GI list, consisting of 175 GIs from each side, is set to go through protection procedures within the next four years. The landmark agreement on GIs between the two sides for the first time protects and guarantees the authenticity of GIs on a large scale. It has started to benefit both sides since it came into effect. Data showed that in the first quarter of this year, China-EU trade in tea, beer, apple, and cheese and milk has surged 54 percent, 21 percent, 69 percent, and 56 percent on year, respectively. -- Common commitments on carbon-neutrality Green development has become common sense of international community. China and EU have great potential and ample space in collaborations of low-carbon development and green energy, Zhang stressed. He said, the Europe has been a pioneer of global green development and plays a leading role in sustainable production, consumption and trade. The EU unveiled its European Green Deal in 2019 and the bloc aims at reaching carbon neutrality by 2050. Meanwhile, China has committed itself to peak its carbon emissions before 2030 and becoming carbon neutral by 2060 and rolled out a slew of measures towards the two goals. While China is delivering on its promise of carbon neutrality, the country is synergizing its development strategy with that of the EU to generate new driving forces in closer partnership. For example, China's Shanghai Electric Power Company is putting its expertise in wind, solar and hydrogen power into use onMalta's Gozo Island, which it aims to turn into the EU's first carbon-neutral island. The company is also involved in other green power projects in Malta andMontenegro. Malta is not the only European country that is working with China to generate green power. Wind farm projects inItalyand Croatia have also proved how the tie-up of Chinese renewable technology and Europe's ambitious green targets can make a difference. Zhang said that the EU may be determined to accelerate use of renewable energy due to the current energy crisis, which will greatly improve the partnerships in solar power and wind power between China and EU. Source:Belt and Road Portal
China steps up efforts to promote "Air Silk Road"
x1
China steps up efforts to promote "Air Silk Road"
12 May 2022
China has been promoting development of "Air Silk Road" in recent years, thereby enhancing interconnection, economic andtradecooperation, cultural exchange with other countries and regions and advancing the high-quality development of theBelt and Road Initiative(BRI). The country has yielded fruitful results in developing "Air Silk Road" during the 13th Five-Year Plan period (2016-2020). Recently, Chinese authorities have issued an implementation plan for promoting high-quality development of "AirSilk Road" in the 14th Five-Year Plan period (2021-2025), proposing to build a safe, reliable, convenient, efficient, green, intensive, mutually beneficial and inclusive "Air Silk Road". --Policysupport As early as 2016, the Civil Aviation Administration of China (CAAC) issued an action plan for promoting development of BRI by the civil aviation industry from 2016 to 2030, putting forward to realize direct flights and interconnection withBelt and Road(B&R) countries during the 2016-2020 period, and to complete the building of a fully-functional airport network, a global air transport network and an efficient information monitoring network from 2021 to 2030. The Outline of the 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035adopted in March 2021 explicitly proposed to build an "Air Silk Road". The development plan for civil aviation industry in the 14th Five-Year Plan Period rolled out at the end of last year also made it clear to boost construction of "Air Silk Road" and enhance international air freight capacity. According to the document, China will run direct flights to more than 70 countries and regions, including 50 participants of the BRI. Essentially, "Air Silk Road" is a complement to the BRI. By building a bridge of cooperation for the air transport industry, "Air Silk Road" has enriched the BRI that mainly incorporates land and maritime transport, according to Ma Jian, general-secretary of China Center for Urban Airport Economy Research. -- Major achievements China has yielded fruitful results in pushing forward "Air Silk Road" construction during the 2016-2020 period. Remarkable achievements were made in the interconnection of infrastructure. Construction of world-class airport clusters, international aviation hubs and regional aviation hubs was accelerated from 2016 to 2020. During the period, China actively participated in the airport construction of some B&R countries, contributing to the development of their aviation infrastructure, according to the CAAC. Steady progress was made in international cooperation on air transport. China signed bilateral air transport agreements with 98 B&R countries, with Chinese carriers opening flights to 42 B&R countries. The number of flights to and from these countries accounted for more than 60 percent of China's total international flights. Meanwhile, China deepened dialogues and cooperation with civil aviation authorities of B&R countries by holding international conferences such as the Asia Pacific Ministerial Conference on Civil Aviation and the EASA-CAAC Aviation Safety Conference. People-to-people and cultural exchange were deepened. "Air Silk Road" provided a lifeline for the global fight against theCOVID-19pandemic by guaranteeing the smooth transportation of anti-pandemic supplies. Also, a B&R cooperation platform coordinating international cooperation resources was built to enhance personnel exchange and business training of civil aviation authorities and researchers, with the aim to provide support for countries and regions in Asia and Africa to strengthen their air transport capacity. -- High-quality development On May 6, the CAAC and the National Development and Reform Commission (NDRC) jointly rolled out an implementationpolicywith a string of measures to advance high-quality development of "Air Silk Road" in the 14th Five-Year Plan period. The document stipulates guiding philosophy, basic principles, major targets and main tasks on building "Air Silk Road". The document pledges to build a safe, reliable, convenient, efficient, green, intensive, mutually beneficial and inclusive "Air Silk Road", thus contributing to building China into a strong civil aviation country in a new era and providing support for the high-quality development of the BRI. As the document tells, during the 14th Five-Year Plan period, distribution of aviation hubs will be improved and the connectivity of flight lines will be strengthened. New developments are expected in the fields of cooperation mechanism building and improvement, as well as exchange of people and culture. The document calls on to reinforce the brand-building of "Air Silk Road", in a way to further expanding cycle of friends. On the above-mentioned basis, eight concrete indicators are designated to assess the outcomes in the aspects of policy, connectivity,tradeand people-to-people exchange. Also, eight major tasks are outlined in the document, including deepening opening up and development of domestic civil aviation hubs, enhancing connectivity among flight lines networks, advancing infrastructure construction cooperation in civil aviation industry, strengthening science and technology innovation and cooperation, enabling better alignment of rules and standards, and promoting exchange of people and culture, international trade cooperation and cooperation on platform construction. To realize these major tasks, eleven major projects are planned, such as intensifying bilateral policy coordination and alignment of standards. Source: Belt and Road Portal
RCEP creates new dividend, opportunities to China-Malaysia trade
x1
RCEP creates new dividend, opportunities to China-Malaysia trade
11 May 2022
As the Regional Comprehensive Economic Partnership (RCEP) Agreement came into force for Malaysia on March 18, China-Malaysiatradehas seen new dividend and opportunities. -- Fruitful results in"Two Countries, Twin Parks"cooperation The Malaysia-China (Guangxi)InvestmentForum and celebrations of the 10th anniversary of the "Two Countries, Twin Parks" initiative between China and Malaysiawas held in Nanning, capital of south China's Guangxi Zhuang Autonomous Regionin late April. The "Two Countries, Twin Parks" initiative, a landmark project under theBelt and Road Initiative(BRI), has yielded fruitful results during the past decade. Under the RCEP, the cooperation is expected to be further enhanced and upgraded. At the event, Chinese and Malaysian companies have signedinvestmentor strategic cooperation agreements on 11 projects involving cross-border logistics, industries andtrade. Among them, projects concerning the two industrial parks, the China-Malaysia Qinzhou Industrial Park and the Malaysia-China Kuantan Industrial Park will add further logistics support to the construction of cross-border industrial chain. Other projects in industries of non-ferrous metal, durian and bird's nest soup, will benefit from the RCEP agreement and facilitate the commodity trade between the two countries. China is willing to jointly implement the RCEP with Malaysia, lend support to the regional industrial chain through the New International Land-Sea Trade Corridor, deepen trade cooperation between the two sides and promote the the co-construction of theBelt and Road(B&R), according to China's Ministry of Commerce (MOC). China is expected to built the "Two Countries, Twin Parks" cooperation into a role model project in China-ASEAN trade cooperation, with an aim to contribute to regional economic recovery, the MOC added. The New International Land-Sea Trade Corridor plays an important part in China-Malaysia economic and trade cooperation, said Zou Lei, a researcher with Shanghai Party Institute of CPC. The New International Land-Sea Trade Corridorisa trade and logistics passage connecting Southeast Asian countries and provincial-level regions of western China, representing a flagship project in the co-construction of the B&R by China and ASEAN countries. It reduces shipping distance, time and logistics costs by applying modern logistics system, according to Zou. -- Great potential in bilateral investment China remained the largest trade partner of Malaysia in the first quarter of this year, according to Malaysian official data. The Year 2021 marked the 13th consecutive year of China holding the position. Malaysia hopes more Chinese enterprises, especially high-tech firms, to invest in the country, said Malaysian former premier Mahathir Mohamad when talking to Chinese Ambassador to Malaysia Ouyang Yujing on May 5. Malaysia boasts unique market andpolicyedges to attract Chinese enterprises, such as large population, market size and economic size, sound industrial foundation, which play a key role in regional economic development, and thus becomes a great choice for Chinese enterprises to enter the ASEAN market, according to Zou. Besides, Malaysia-China Kuantan Industrial Park offers a slew of favorable policies, such as 15-year tax exemption, which could help enterprises sustain multinational business, gain foothold in local market and expand regional market. Zou pointed out that the two sides could explore cooperation opportunities in emerging fields, including e-commerce, digital trade, big data, cloud computing, new energy vehicle, bio-medicine and new material. Source:Belt and Road Portal
Interview: China to inject new vitality into global recovery: economist
x1
Interview: China to inject new vitality into global recovery: economist
11 May 2022
DHAKA, May 10 (Xinhua) -- China is set to drive global economic growth and inject new vitality into global recovery, a leading Bangladeshi economist told Xinhua in an interview on Monday. "China did well during COVID-19 which may be the example for other nations," said Md Aynul Islam, general secretary of the Bangladesh Economic Association (BEA), noting that enormous resources and community cooperation have been put to rein in infections with less disruption to life and economy. He believes that China has adequate policy instruments and conditions "to withstand risks and stabilize the market," and could unleash greater potential for further development. Chinese economy has already shown its mettle and gradually accumulated more and more power, said the leader of the BEA, which has more than 4,500 economist members from academia, government, businesses, civil society and other sectors. Islam, also a professor of economics at Jagannath University in the capital Dhaka, noted that Chinese macroeconomic indicators are providing a good reason to believe that a sustained recovery is in the offing. With reference to the impact of various other challenges, including uncertainties in the international arena and risks brought by rising protectionism and de-globalization, he said China's long run growth trajectory is strong and sustainable. "Its investment policies are effective and prudent. China's global market share is rising which may confirm its currency power in the future," said the professor, adding that China has been able to prompt global economic growth. China, given its remarkable economic resilience and efficient macro-economic policies, will surely get out of the present predicament and will be able to inject more vitality into global recovery, Islam said. Despite the pandemic's near-term impact on socio-economic development, he said China in the past overcame the repercussions of COVID-19 by implementing the dynamic zero-COVID policy. Bangladesh can get a lot of lessons from the Chinese policies of facilitating the development of small and medium enterprises and providing adequate government support. Source: Xinhua
China unveils measures to press ahead dev't of airborne Silk Road in 2021-25
x1
China unveils measures to press ahead dev't of airborne Silk Road in 2021-25
11 May 2022
China on May 6 rolled out an implementationpolicywith a string of measures to advance high-quality development of airborneSilk Roadin the 14th Five-Year Plan period (2021-2025). The document, jointly released by the Civil Aviation Administration and the National Development and Reform Commission (NDRC), stipulates guiding philosophy, basic principles, major targets and main tasks on building airborne Silk Road, or Silk Road in the air. The document pledges to build a safe, reliable, convenient, efficient, green, intensive, mutually beneficial and inclusive airborne Silk Road, thus contributing to building China into a strong civil aviation country in a new era and providing support for the high-quality development of theBelt and Road Initiative. As the document tells, during the 14th Five-Year Plan period, distribution of aviation hubs will be improved and the connectivity of flight lines will be strengthened. New developments are expected in the fields of cooperation mechanism building and improvement, as well as exchange of people and culture. The document calls on to reinforce the brand-building of airborne Silk Road, in a way to further expanding cycle of friends. On the above-mentioned basis, eight concrete indicators are designated to assess thepolicyoutcomes in the aspects of policy, connectivity,tradeand people-to-people exchange. Also, eight major tasks are outlined in the document, including deepening opening up and development of domestic civil aviation hubs, enhancing connectivity among flight lines networks, advancing infrastructure construction cooperation in civil aviation industry, strengthening science and technology innovation and cooperation, enabling better alignment of rules and standards, and promoting exchange of people and culture, internationaltradecooperation and cooperation on platform construction. To realize these major tasks, eleven major projects are planned, such as intensifying bilateral policy coordination and alignment of standards. Source:Belt and Road Portal
Interview: Green investment to be major growth driver for China, New Development Bank VP says
x1
Interview: Green investment to be major growth driver for China, New Development Bank VP says
9 May 2022
ST. GALLEN, Switzerland, May 7 (Xinhua) -- Green investment and sustainability will be major growth drivers for China in the future, said Vice President and Chief Financial Officer of the New Development Bank (NDB) Leslie Maasdorp on Friday. "Most of the world suffered during the last two years as a consequence of the successive lockdowns and COVID. China has done extremely well in 2020 and 2021 to recover from that crisis," Maasdorp told Xinhua at the 51st St. Gallen Symposium in Switzerland, a student initiative aiming to foster cross-generational dialogue that took place on May 5-6. "I think 2022 is likely going to be very, very challenging," said the NDB VP, adding that while China is going through major adjustments and rebalancing, he thought "there are strong economic drivers that will propel China's economy forward and the commitment to green and sustainability is a key area." "There are new industries being developed in China that will propel the next phase of its growth story," he also said. According to the NDB's general strategy, sustainable infrastructure development is at the core of its operational strategy which is AA+ rated by S&P and Fitch. Maasdorp also pointed to the strong demand for infrastructure projects around the world, especially in emerging markets. The NDB, headquartered in Shanghai, is a lender established by the BRICS group of emerging nations (Brazil, Russia, India, China and South Africa) in 2015. It aims to become a global development bank to mobilize resources for infrastructure and sustainable development. "The bank is now rapidly becoming an emerging-markets anchored global institution," said the executive, adding this year and next it will continue to expand because "there is a massive need for sustainable infrastructure finance." "As a result of COVID, a lot of governments are fiscally constrained, they do not have the resources to build new infrastructure, new power, new ports, new rail infrastructure and so on, and that is where the bank plays a critical role," he said. "In Central Asia and South Asia we see strong interest in new finance on the sustainable front because many of these countries need to green their economies and that is one of our specialties. We're helping countries to move towards the green economy as we all battle with the transition towards net zero," the executive said. Since its establishment, the NDB has approved more than 80 projects for its members, with a total portfolio of 33 billion U.S. dollars. The projects cover sectors including transport, water and sanitation, clean energy, digital infrastructure, social infrastructure and urban development. "The bank has a 50-billion-dollar subscribed capital base. Ten billion dollars of that is equity money we received from the countries and our plan now is to expand over the next number of years to reach a capital base of 100 billion dollars," Maasdorp said. "We will do that by expansion, bringing in new countries, both developed countries as well as developing countries. When countries join, they put in fresh capital into the bank and we use that money to leverage and raise more money through the debt capital markets," he said. He added that the bank aims to raise new climate funds as part of their commitment to the fight climate change. The NDB, prioritizing its expansion, has admitted four new members in 2021: Bangladesh, Egypt, the United Arab Emirates (UAE) and Uruguay. Source: Xinhua
SRCIC Members attend International Investment Promotion Seminar held by Chongqing Jiangbei District
x1
SRCIC Members attend International Investment Promotion Seminar held by Chongqing Jiangbei District
7 May 2022
On the afternoon of April 28, 2022, an international investment promotion Seminar was held by the Chongqing Committee of China Council for the Promotion of International Trade (CCPIT) and the government of Jiangbei District. Themed with Investing in Jiangbei to Gain a Win-Win Future, the seminar engaged representatives from 36 organizations, including related government authorities, business associations and investment companies from 12 countries such as Russia, Kazakhstan, Uzbekistan, Georgia, Kyrgyzstan, Tajikistan, etc. Cheng Yao, vice chair of CCPIT Chongqing Committee, and He Yong, member of the Standing Committee of Chongqing Jiangbei District Party Committee and deputy chief of Chongqing Jiangbei District, attended the event and delivered a speech. Vice Chair Cheng Yao delivers a speech SRCIC members including Said Sharif, president of Tajikistan Silk Road International Economic Union and former chairman of the Chamber of Commerce and Industry of Tajikistan, as well as David Saganelidze, chairman of JSC Partnership Fund and chairman of the Georgia-China Intergovernmental Trade and Economy Commission, were invited to address the seminar via video. Said Sharif addresses the seminar Said Sharif said that as an important part of the Belt and Road Initiative, the Silk Road has linked Tajikistan and China and their peoples closely. It has not only served as a vital economic artery, but also a road for friendship and consensus. Tajikistan has created a good business environment and a sound legal system to better protect the interests of investors. At present, dozens of Chinese companies operate in Tajikistan. Tajikistan is always ready to carry out mutually beneficial cooperation with China to embrace development and future together. David Saganelidze gives a speech Source: Chongqing Daily, the official website of CCPIT Chongqing Committee, the official WeChat account of Huahe International
PSRICC and Chinese Embassy in Philippines Jointly hold Online Forum on Beijing Winter Olympic Games
PSRICC and Chinese Embassy in Philippines Jointly hold Online Forum on Beijing Winter Olympic Games
23 Feb 2022
On February 22, 2022, The Philippine Silk Road International Chamber of Commerce (PSRICC) and the Chinese Embassy in the Philippines jointly held an online forum themed "A Memorable Winter Olympic". The participants reviewed the Beijing Winter Olympic Games and shared their personal experiences during the Games. Speaking highly of the grand event, all participants looked forward to a brighter future of China-Philippines cooperation. The forum started with a welcoming speech from PSRICC Francis Chairman Chua, who is also Vice Chairman of the Silk Road Chamber of International Commerce (SRCIC). Huang Xilian, Ambassador of the Chinese Embassy in the Philippines, delivered a keynote speech. The forum also welcomed speeches from Philippine Foreign Secretary Teodoro Locsin, Philippine Trade Secretary Ramon Lopez, Philippine Tourism Secretary Bernadette Romulo Puyat, Philippine Ambassador to China Jose Santiago Sta. Romana, SRCIC Chairman Lu Jianzhong, and Valeriano Floro, Chief of Mission of the Philippine Winter Olympics Delegation and Deputy Secretary General of the Philippine Olympic Committee. More than 200 Chinese and Philippine guests from political, business and media circles attended the forum online. Ambassador Huang Xilian said that after 14 years the Olympic flame was lit again in Beijing, making it the first city in the world to hold both Summer and Winter Olympic Games. Committed to a green, inclusive, open and clean approach, Beijing made every effort to overcome the COVID-19 impact and honored its commitment by delivering a simple, safe and splendid Olympic Games to the whole world, fully demonstrating the Olympic motto of "Faster, Higher, Stronger - Together". Ambassador Huang stressed that "Together for a Shared Future" is the common voice of the international community. Only by carrying forward and drawing strength from the Olympic spirit of tenacity, unity and friendship, understanding and tolerance, transcending politics and differences, can all countries meet the common challenges . "Together for a Shared Future" is also the common aspiration of both the Chinese and Philippine people. We hope that with the spirit of strength and courage of the Year of the Tiger, the two countries can continue our friendship solidified during the Winter Olympics and extend and carry forward the Olympic spirit. By working "Together for a Shared Future", we can maintain the development momentum of the partnership between the two countries in the new era, and make more fruitful achievements out of our friendship that lasts a millennium. Philippine Foreign Secretary Teodoro Locsin said the Olympic Games is "a unique opportunity for countries to bring together athletes from all over the world in friendly competition." He deemed the Games a glorious moment for the host country and its people to show the world its splendid history, and also “a symbol of hope” to the whole world in this third year of the COVID-19 pandemic. In addition, Locsin extended his salute to all the athletes that participated and his thanks to China and the Beijing 2022 organizing committee. “I am particularly proud of Miller (Alpine skier Asa Miller), who represented the Philippines,” he added. Trade Secretary Ramon Lopez said the Beijing 2022 Winter Olympics is now tagged as the most-watched Winter Olympics ever. "We salute China for their successful hosting, overcoming many obstacles from the pandemic, and for promoting winter sports among tropical countries like us," Lopez said. He also pointed out that the Games "is a fitting celebration of sportsmanship, kinship, and solidarity as we collectively recover from the pandemic and open a new chapter in the new normality." The Philippine Minister of Tourism Bernadette Romulo Puyat said that the true Olympic spirit of promoting understanding, unity and friendship among countries was further amplified in the motto of the Beijing 2022 Winter Olympic Games - "Together for a Shared Future". It is this spirit and a sense of belonging to the international community that unite all countries. Chairman Lu Jianzhong said that the world is undergoing dramatic changes in the new century. The far-reaching impact of COVID-19 pandemic has posed challenges to global economic recovery. He said, “But I am confident that the solidarity, cooperation and hope demonstrated by the Beijing Winter Olympics, as well as the passion, joy and friendship brought by winter sports, will give us greater confidence and strong momentum to defeat pandemic and promote global economic recovery. SRCIC is willing to join hands with business communities of all countries. Upholding the Olympic motto of "Faster, Higher, Stronger - Together" , we strive to build a platform for dialogue to advance international economic cooperation, mutual learning and exchanges among civilizations and peoples. We hope to make our contribution to high-quality construction of Belt and Road Initiative and to building a community with a shared future for mankind.” Chairman Francis Chua stated that the Beijing Winter Olympics was one of the major international sporting events held during the COVID-19 pandemic. He extended his congratulations to Beijing, Chinaon becoming the first city in the world to host both the Summer and Winter Olympic Games, and on the remarkable contribution made China and the Chinese people. He also recalled on the outbreak of COVID-19, which China provided the Philippines with vaccine assistance, medical equipment and medical teams, expressing that Sino-Philippine relationship will enjoy an even brighter future. Romana, Philippine ambassador to China, congratulated China for delivering a simple, safe and wonderful Winter Olympics to the world as promised. “The Philippines is very proud to be one of the few tropical countries to participate in the event. It is hoped that this forum will become a new starting point for Sino-Philippine friendship dialogue, and that cultural exchanges will continue through sports and other forms.” he said. Mr. Valeriano Floro, Chairman of the Philippine delegation, said that he felt the strict and strong anti-epidemic measures throughout the Beijing Winter Olympics as soon as he stepped off the plane that fully ensured the safety of all participants. The opening ceremony was amazing, the training facilities were well-maintained, the Olympic Village was well administrated, and the Chinese volunteers were warm and friendly. “This is truly an unforgettable experience for us”, he emphasized. On behalf of the Philippine Olympic Committee, he also congratulated China on its successful hosting of the Winter Olympic Games and thanked the host country and its people for their hospitality. The forum was broadcast live on several platforms, includingCHINOY TV, and featured promotional videos and highlights of the 2022 Beijing Winter Olympic Games. Source: Official website ofthe Chinese Embassy in the Philippines, Philippine Silk Road International Chamber of Commerce(PSRICC)
The PSRICC Entrusted By the China Charity Federation "Kits of Love" Handed Over To Manila Government
x1
The PSRICC Entrusted By the China Charity Federation "Kits of Love" Handed Over To Manila Government
14 Dec 2021
Above, Alfredo Morino,theMayor of Manila receives the "Kits of Love" donated by the CCF. Below, some of the "Kits of Love" materials are shown. Entrusted by the Chinese side,SRCIC member PSRICC held a ceremony at Manila City University on December 13 to hand over 2,000 "Kits of Love" donated by China to the Manila City Government. Roberto Morino, the Mayor of Manila received the donation, whichwill be distributed by the city government among public school students. Someone of PSRICC who attended the handover ceremonyfor the hand in handstudent activitiesof the 4th "Belt and Road · People-to-people Connectivity" were,Vice President Jerry Cua,the Diplomatic Sharon Sy, the Diplomatic Bryan Ang, Foundation Chairman of PSRICC and SRCIC Vice Chairman Amb. Francis Chua andhis daughter Dr. Beatrice,DirectorHuang Guojie, andthe Secretary-general Pol Ongkinglok.Attendees are alsoCarlos Arias, Presidentof the Manila City University, And Director of the Philippine Chamber of Commerce and Industry, Jesus B. Varela, the Director of thePCCI and theManila City University. To implement the speech spiritof President Xi Jinping,at the opening ceremony in the 73rd World Health Assembly Video Conference,titled "Unity and cooperation over the pandemic,Building acommunity of health for mankind, to consolidate the traditional friendship among the peoples of the world, and strengthen the people-to-people friendly, promote the hearts and minds are interlinked, China Charity Federation, China Council For the Promotion of International Exchange for Non-governmental Organizations, jointly carried out the 4th "Belt and Road · People-to-people Connectivity" student Hand in hand donation activity of "Kits of Love". Recommended by the Chinese Embassy in the Philippines, CCF entrusted PSRICCto coordinate with the Philippine government to distribute the donations to students in the Philippines, so as to make due contributions to the fight against the epidemic. Through the campaign, China donated 2,000 "Kits of Love" to every countryalong the Belt and Road. Each care bag contains: surgical mask, cooling oil, hand sanitizer, oil painting stick, compressed biscuits. All the items were distributed to domestic students to fight the epidemic. Source: PSRICC
INOV Contacto International Internships
x1
INOV Contacto International Internships
19 Jul 2021
Dear SRCIC members, We would like to inform you that "INOV Contacto" is now accepting applications for its International Internship Programme. If you want to strengthen your international team with a qualified, paid intern (whose profile is matched with the job description) during six months, you can take advantage of this programme that begins in January, 2022. "INOV Contacto" is an initiative promoted by the Portuguese Trade & Investment Agency since 1997, with more than 5,800 internships across 1,200 companies worldwide. To find out more and/or apply, click HERE.
SRCIC members attend the CPC and World Political Parties Summit
x1
SRCIC members attend the CPC and World Political Parties Summit
9 Jul 2021
On July 6, 2021, the Communist Party of China (CPC) and World Political Parties Summit was held via video link. Xi Jinping, general secretary of the CPC Central Committee and Chinese president, attended the summit in Beijing and delivered a keynote speech. In his speech titled Strengthening Cooperation Among Political Parties to Jointly Pursue the People's Wellbeing, Xi stressed that political parties, as an important force behind human progress, need to set the right course forward and shoulder their historic responsibility to ensure the people's well-being and pursue human progress. He also pointed out that the CPC stands ready to work with world political parties to be builders of world peace, advocates for global development, and guardians of the international order. Xi Jinping, general secretary of the CPC Central Committee and Chinese president, delivers a keynote speech (Source: Xinhua News Agency) The cloud summit gathered leaders of more than 500 political parties and organizations from over 160 countries. Political parties from 100-plus countries set up nearly 200 venues in their home countries to organize their representatives to attend the summit. SRCIC members including the Philippine Silk Road International Chamber of Commerce (PSRICC), Chinese Southeast European Business Association (CSEBA), Arab-Chinese Cooperation and Development Association, Office of Georgian Chamber of Commerce and Industry in China, Silk Road Association Alliance members including Latin American Centre of Political and Economics Studies of China (CLEPEC), Malaysian Chamber of Commerce and Industry in China, and SRCIC partner Russian Federation Chamber of Commerce and Industry in Eastern Asia (Beijing) attended the summit. Francis Chua, Vice Chairman of SRCIC and Chairman of the PSRICC pointed out that this year marks the centenary the CPC. For 100 years, the mission of the CPC has been to bring prosperity to the Chinese people. Through decades of arduous struggle, the CPC has achieved one victory after another, profoundly changing the history and destiny of China. The PSRICC is willing to promote the cooperation between the Philippine business community and China. “When we communicate with countries around the world, we will tell them that China is a country that values peace, a country that cares about its people and its neighbors, a country that keeps its word and walks by its word. We will tell the world about China's efforts in promoting global peace and development. That's what we at the PSRICC are doing, and we want to continue to tell good stories about China,”Chua said. The image above is President Xi Jinping delivering a keynote speech. The image below, at left, is President Duterte's video address to the conference. On the right is the scene at PSRICC. Mario Rendulić, president of CSEBA said they will convey President Xi’s ideas to the Croatian people in a suitable way. He hoped that the Croatian leaders will have a deeper understanding of the CPC and draw on it to accelerate Croatia's development in all aspects. He then reiterated his willingness to further promote the Belt and Road Initiative in Croatia in the hope of building stronger ties between the two countries. President of CSEBA Mario Rendulić (R) and President of CSEBA in Asian-Pacific Li Zhenwei (L) attending the online meeting President of Arab-Chinese Cooperation and Development Association Kassem Tofailli(the first row from left) attending the online meeting Chief Representative of Russian Federation Chamber of Commerce and Industry in Eastern Asia(Beijing) Ivan A.Izotov attending the meeting Bekar, representative of Georgian Chamber of Commerce and Industry in China, congratulated on the success of the CPC and World Political Parties Summit. He expressed heartfelt congratulations on CPC's centenary and wished China continuous progress and development. He said that from the perspective of history, the period of 100 years is very short. But within such a short time frame, Chinese people managed to make unprecedented achievements under the leadership of the CPC.China is an important strategic partner of Georgia, and the two countries enjoyatime-honoredfriendship and close cooperation, which he hoped to continue to deepen and develop in the years to come. Source: People's Daily and SRCIC members
Diversity Defeats Singularity: Daryl Guppy
x1
Diversity Defeats Singularity: Daryl Guppy
9 Jul 2021
The axis of the world is inexorably tilting, although some are reluctant to acknowledge this. Just how this tilt will rebalance is the key question of our time. Two potential answers are encapsulated in the Group 7 meeting and the World Political Parties Summit of 160 countries and over 500 leaders of parties and political organizations. The sheer imbalance of numbers attending these respective meetings is proof enough alone of the momentum tilting the axis. The pressure for change in the structure of international trade relations is building and it is enabled by the increased connectivity made possible by advances in 5G and AI. The current “global order” labelled by a few countries is an extension of the outdated imperial order and excludes most countries from any meaningful participation in creating the rules that govern international trade. The time has come for these rules to be based on internationally recognised norms rather than rules imposed by an elite few. Block-chain solutions help eliminate inefficiencies in trade settlement but they require common and cooperative standards. These cannot be achieved if the process is dominated by the interests of just a few countries. The World Political Parties Summit held on July 6 via video link considered alternatives to the narrow-based hegemony favoured by the G7. It united the conversation around the concept of Governance delivering “the common values of humanity” by fostering broad-minded tolerance in the understanding of values of different civilizations. The Communist Party of China (CPC) and World Political Parties Summit is held via video link in Beijing on July 6, 2021. (Photo/Xinhua) The Summit recognised that no single political system provided a universal solution to the common question of how to improve living standards for their citizens. This is the key difference in approach, with the Summit embracing a diversity of solutions free from ideological blinkers. Global business organisations like the Silk Road Chamber of International Commerce have long recognised that there is a diversity of solutions to bringing prosperity to citizens. The Summit confirmed this approach must also extend to political parties and Government. In contrast to the G7 meeting, the summit recognised that “There doesn’t exist a fixed model for the path to modernization” so each country will select the path that serves it well. Central to progress is the freedom to develop in ways that are most appropriate for the economic and social stage of development. This is why the summit also rejected the idea that any country had the right to try to limit the prosperity of others by denying access to technology, innovation and financing. This ‘developmental decoupling’ works against the need to build a community with a shared future for mankind. In contrast to the G7 meeting, the World Political Parties Summit bought a breath of fresh air and new cooperative thinking. The summit showed the axis of the world is tilting towards giving more voice to choose and diversity and away from domination by a few. Source: cnfocus.com
Chairman's Message

Greetings from the Silk Road Chamber of International Commerce! On behalf of SRCIC, I would like to welcome you to our website!

Member DirectoryMore
cacciunion_of_arab_chambers俄罗斯联邦国旗阿富汗伊斯兰共和国国旗阿塞拜疆共和国国旗埃及爱沙尼亚共和国国旗澳大利亚巴布亚新几内亚独立国国旗巴基斯坦伊斯兰共和国国旗巴勒斯坦国国旗白俄罗斯共和国国旗波黑国旗波兰玻利维亚共和国国旗俄罗斯联邦国旗菲律宾哥伦比亚国旗格鲁吉亚共和国国旗韩国吉布提共和国国旗吉尔吉斯共和国国旗科索沃共和国国旗黎巴嫩共和国国旗立陶宛共和国国旗马其顿共和国国旗蒙古国国旗孟加拉人民共和国国旗摩尔多瓦共和国国旗墨西哥尼泊尔联邦民主共和国国旗塞尔维亚国旗塞浦路斯共和国国旗斯里兰卡民主社会主义共和国国旗斯洛伐克共和国国旗塔吉克斯坦共和国国旗图瓦卢国旗土耳其共和国国旗乌克兰国旗希腊共和国国旗亚美尼亚共和国国旗伊朗伊斯兰共和国国旗以色列国旗意大利