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Think tank report on Belt and Road cooperation stresses innovation, risk mitigation

Xinhua by Xinhua
October 15, 2024
in Asia, China
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XI’AN, Oct. 15 (Xinhua) — A think tank report on “eight major steps” proposed by China to support high-quality Belt and Road cooperation stressed consolidating practical cooperation, fostering innovation-driven growth, strengthening risk management, and improving cooperation mechanisms.

The report, titled “‘Eight Major Steps’ Heralds Promising New Decade of Belt and Road Cooperation,” was released Tuesday by Xinhua Institute, a think tank affiliated with Xinhua News Agency, at the Belt and Road Forum for International Think Tank Cooperation & the Second Silk Road (Xi’an) International Communication Forum.

In terms of fostering innovation-driven growth, the report said, the eight major steps aimed to foster the development of new productivity by focusing on green and digital growth while further expanding cooperation in emerging fields.

In risk mitigation, the report said, the successful implementation of the eight major steps will require deepening solidarity and cooperation to jointly address external risks and build stronger internal consensus among the Belt and Road Initiative (BRI) partner countries.

It called on BRI partner countries to remain vigilant against systemic negative propaganda promoted by certain countries, such as false narratives that label the BRI as a “debt trap,” “neocolonialism,” or a form of “systemic export,” which aims to undermine and tarnish the initiative’s image.

China announced the eight major steps aiming at advancing the high-quality development of the Belt and Road at the third Belt and Road Forum for International Cooperation convened in October 2023.

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