Xinhua Finance, Beijing, August 1 (Reporter Liu Xuyang and Yu Rui) The Regional Opening Department of the National Development and Reform Commission hosted a special seminar on "Deeply Study and Deeply Explain Xi Jinping's Economic Thoughts 2025 Annual Meeting" in Beijing on July 30, and conducted in-depth exchanges and discussions on the theme of jointly building the "Belt and Road" with high quality to promote Chinese-style modernization and world modernization. The guests at the meeting said that the "Belt and Road" has become a world-renowned public product, accumulating thousands of projects, trillions of dollars in investment, and a colorful multi-bilateral cooperation mechanism.

The Belt and Road Initiative has accumulated thousands of projects and trillions of dollars in investment

Over the past decade, the scope of cooperation in the "Belt and Road" has expanded to more than 150 countries and more than 30 international organizations, becoming the world's largest and most extensive international economic cooperation platform.

Yuan Da, Secretary-General of the National Development and Reform Commission, said that the joint construction of the "Belt and Road" will closely combine the domestic and international dual circulation, inject strong impetus into my country's construction of a new open economic system at a higher level, and become an important engine to promote the realization of Chinese-style modernization.

"We have accumulated thousands of projects, trillions of dollars in investment, and a colorful multi-bilateral cooperation mechanism." According to Guo Xuejun, deputy director of the International Economic Department of the Ministry of Foreign Affairs, the joint construction of the "Belt and Road" has laid a solid foundation for international cooperation.

Based on the basic structure of "six corridors, six roads, many countries and many ports", jointly building the "Belt and Road" has created a "golden channel" for my country's opening up to the outside world. At present, the total number of China-Europe freight trains has exceeded 110,000, reaching 229 cities in Europe and more than 100 cities in Asia. The "Silk Road" routes have exceeded 130, and the "Silk Road" in the air is open to 83 countries and 213 cities abroad.

While promoting the "hard connectivity" of infrastructure, the level of "soft connectivity" of my country's rules and standards has also steadily improved. "The docking of planning standards is the cornerstone of the high-quality development of jointly building the Belt and Road Initiative. my country has signed cooperation documents on co-construction of the Belt and Road Initiative with more than 150 countries and more than 30 international organizations, formulated cooperation plans with some countries, and drew a blueprint for co-construction." Wang Yiming, vice chairman of the China International Economic Exchange Center and former deputy director of the Development Research Center of the State Council, introduced.

The Belt and Road Initiative has become a world-renowned public product

Luo Rong, director of the Institute of Foreign Economic Research of the National Development and Reform Commission, said that after more than ten years of practice and development, the "Belt and Road" has become a world-renowned public product, and the driving force behind it comes from the combination of China's own development strength and the strong desire to jointly build a country.

The Belt and Road Initiative plays an important role in promoting the economic and social development of jointly building a country. Practice such as the China-Laos Railway and Jakarta-Bandung High-speed Railway have proved that with the completion of a large number of technical assistance projects and infrastructure projects, the industrialization process of jointly building the country has been accelerated.

"In the past decade, we have accumulated a total of US$350 billion in the country's direct investment in jointly building, and the annual investment amount has about doubled. A large number of productive projects have driven local economic development and industrial development." Song Lihong, a first-level inspector of the Comprehensive Department of the Ministry of Commerce, said.

As a public product, the "Belt and Road" helps improve people's livelihood in jointly building the country. According to Li Fasheng, deputy general manager of overseas overseas of China Railway Construction Co., Ltd., during the construction of the Tanzania-Zambia Railway, in addition to establishing an industrial park, they also established a "Luban Workshop" to cultivate local talents.

Si Xinbo, deputy general manager of Silk Road Fund Co., Ltd., also said: "We not only need to do large-scale strategic projects and landmark projects, but also focus on the construction of "small and beautiful" and "benefiting people's livelihood". So far, more than 30 such projects have been established to give the people of the country a sense of happiness and gain."

Multiple parties work together to promote high-quality development of jointly building the "Belt and Road"

Yuan Da said that the National Development and Reform Commission will work with all parties to unswervingly promote the high-quality development of jointly building the "Belt and Road" and jointly build the "Belt and Road" into a road of opportunity, prosperity and happiness.

Financial and financial communication is an important cornerstone to help policy communication, facilities connect, trade smoothly and people-to-people connect. Wang Peng, member of the Party Committee and vice president of the China Development Bank, introduced that the China Development Bank has achieved results in the use of co-construction of national local currency financing and opening overseas RMB financing windows.

Talking about the specific work in the future, Wang Peng said: "On the one hand, we are committed to promoting the construction of hard, soft, and heart-connected coordination mechanisms, especially promoting the compatibility and mutual recognition of rules and standards. On the other hand, we actively participate in the joint construction of the Belt and Road cooperation planning coordination management mechanism, internal and external coordination mechanism for risk prevention and control, and overseas interest protection mechanism, and continuously improve the risk assessment and prevention and control system."

In the process of high-quality joint construction of the "Belt and Road", the overseas Chinese community also plays an important role. According to Lian Xiaomin, member of the Party Leadership Group and Vice Chairman of the China Federation of Returned Overseas Chinese, more than 40 million Chinese are living in the "Belt and Road" co-construction country, building a cross-regional and cross-cultural network of people, which is an important force in promoting folk exchanges and people-to-people communication.