Cooperation under the Belt and Road Initiative (BRI) has been a key force in driving global growth over the past decade when the world economy faces mounting challenges, including a sluggish recovery and rising protectionism.
Remarkable achievements have been made in boosting trade and investment, improving global industrial and supply chains, and promoting more balanced development since the BRI was proposed in 2013, according to experts.
Infrastructure investment and the facilitation of trade and investment are two major drivers of faster global economic growth, and the BRI has made enormous contributions to both aspects, said He Weiwen, an expert with the China Association of International Trade.
From 2013 to 2022, the cumulative value of imports and exports between China and BRI partner countries amounted to 19.1 trillion U.S. dollars.
