The BRI remains the PRC’s 🇨🇳most important foreign policy agenda item.
Last week, the Office of the Leading Group for Promoting the BRI published a key document about the future of the BRI.
What does it say?
Last week, the Office of the Leading Group for Promoting the BRI published a key document about the future of the BRI.
What does it say?
The document revolves around implementing the “8 major steps” announced by Xi Jinping during the 3rd BRF (October 2023):
1⃣multidimensional B&R connectivity network
2⃣ open world economy
3⃣practical BRI cooperation (signature projects & "small yet smart" livelihood programs)
1⃣multidimensional B&R connectivity network
2⃣ open world economy
3⃣practical BRI cooperation (signature projects & "small yet smart" livelihood programs)
4⃣green development
5⃣scientific & tech. innovation
6⃣p-2-p exchanges
7⃣integrity-based B&R coop.
8⃣institution building for int. B&R coop.
The document features 5 chapters.
5⃣scientific & tech. innovation
6⃣p-2-p exchanges
7⃣integrity-based B&R coop.
8⃣institution building for int. B&R coop.
The document features 5 chapters.
Chapter 1⃣ lists achievements of the BRI of the past 10 years:
▪️BRI has become a global dev. Belt (发展带) and Road to happiness” (幸福路)
▪️ More than 3/4 of the world's countries & many important international organizations have joined the B&R circle of friends
▪️BRI has become a global dev. Belt (发展带) and Road to happiness” (幸福路)
▪️ More than 3/4 of the world's countries & many important international organizations have joined the B&R circle of friends
2⃣Future BRI dev. ideas, principles & goals
▪️Ideas: 5 interplays 五个统筹
🔹 legacy & innovation 继承和创新
🔹 Role of government & markets 政府和市场
🔹 Multilateral & bilateral efforts 双边和多边
🔹 Scale & efficiency 规模和效益 – of projects
🔹Dev. & Security 发展和安全
▪️Ideas: 5 interplays 五个统筹
🔹 legacy & innovation 继承和创新
🔹 Role of government & markets 政府和市场
🔹 Multilateral & bilateral efforts 双边和多边
🔹 Scale & efficiency 规模和效益 – of projects
🔹Dev. & Security 发展和安全
▪️Principles
🔹consultation, construction & sharing
🔹 openness, greenness & integrity
🔹high standards, benefit people's livelihood & sustainability
▪️ 5 Development Goals:
🔹 Interconnected network (respecting sovereignty & security concerns)
🔹consultation, construction & sharing
🔹 openness, greenness & integrity
🔹high standards, benefit people's livelihood & sustainability
▪️ 5 Development Goals:
🔹 Interconnected network (respecting sovereignty & security concerns)
🔹Coordinating “Hard Connections" 硬联通, "Soft Connections"软联通 & "emotional connections " 心联通 + breakthroughs in the health, green, digital & innovative Silk Road (new priorities).
🔹 p-2-p & cultural exchanges: consolidating 巩固public support & opinion 民心民意.
🔹 p-2-p & cultural exchanges: consolidating 巩固public support & opinion 民心民意.
🔹 Improvement of CN's economic system => new impetus for BRI dev.
🔹Global Community of Shared Future (GCSF) concept 人类命运共同体理念more popular
🔹Global Community of Shared Future (GCSF) concept 人类命运共同体理念more popular
Chapter 3⃣: Key areas of BRI development
▪️Policy communication 政策沟通
🔹 Multilateral coop.
🔹 multi-level intergovernmental policy exchange and docking 对接mechanism (institutionalization trend of the BRI!)
🔹promote the docking of rules and standards (ISO, IEC & ITU)
▪️Policy communication 政策沟通
🔹 Multilateral coop.
🔹 multi-level intergovernmental policy exchange and docking 对接mechanism (institutionalization trend of the BRI!)
🔹promote the docking of rules and standards (ISO, IEC & ITU)
▪️ Connectivity 设施联通
🔹Land corridors
🔹 Maritime connectivity
🔹 Air Silk Road (appears to be promoted – used to be a sub-sub issue)
🔹safe & efficient interoperability of information infrastructure 信息基础设施安全高效互通 – BRI information corridor 一带一路”空间信息走廊
🔹Land corridors
🔹 Maritime connectivity
🔹 Air Silk Road (appears to be promoted – used to be a sub-sub issue)
🔹safe & efficient interoperability of information infrastructure 信息基础设施安全高效互通 – BRI information corridor 一带一路”空间信息走廊
▪️Smooth Trade 贸易畅通
🔹global trade coop. (E-commerce" pilot coop. zone)
🔹strengthen two-way investment coop. (third- market coop.)
🔹trade & investment liberalization (FTAs, BITs; also, focus on global food & agricultural governance, South-South agricultural cooperation)
🔹global trade coop. (E-commerce" pilot coop. zone)
🔹strengthen two-way investment coop. (third- market coop.)
🔹trade & investment liberalization (FTAs, BITs; also, focus on global food & agricultural governance, South-South agricultural cooperation)
▪️Financial Cooperation (multi-lateral focused!)
🔹 improve the financial coop. mechanisms (BRI Guiding Principles of Financing; BRI Debt Sustainability Analysis Framework; RMB internationalization
🔹 expand new investment and financing channels (e.g., via the AIIB)
🔹 improve the financial coop. mechanisms (BRI Guiding Principles of Financing; BRI Debt Sustainability Analysis Framework; RMB internationalization
🔹 expand new investment and financing channels (e.g., via the AIIB)
▪️P-2-P bonds 民心相通; new emphasis on civilization exchanges 文明交流
🔹 education & training (Silk Road scholarships)
🔹 culture, tourism & sports
🔹 political parties and civil organizations (coop. with foreign NGOs; BRI” future elite plan
🔹media & think tanks
🔹 education & training (Silk Road scholarships)
🔹 culture, tourism & sports
🔹 political parties and civil organizations (coop. with foreign NGOs; BRI” future elite plan
🔹media & think tanks
▪️Coop. in new fields 新领域合作 (not so new)
🔹 green dev.: (green infrastructure, ecology, energy, transportation & finance; photovoltaic industry dialogue & green and low-carbon expert network)
🔹Digital coop. (digital gov. coop.; bridge the digital divide 弥合数字鸿沟
🔹 green dev.: (green infrastructure, ecology, energy, transportation & finance; photovoltaic industry dialogue & green and low-carbon expert network)
🔹Digital coop. (digital gov. coop.; bridge the digital divide 弥合数字鸿沟
🔹BRI coop. on scientific & tech. innovation (Implement the global artificial intelligence governance initiative
🔹 Int. Health Cooperation (participate in global health governance)
Mostly repackaging of existing projects (but increased relevance)
🔹 Int. Health Cooperation (participate in global health governance)
Mostly repackaging of existing projects (but increased relevance)
Chapter 4⃣: Future Dev. paths & measures
▪️Multi-dimensional connectivity network:
🔹landmark projects: (Railway; Ports, Air (Gwadar & Siem-Reap - NEW); Gas&Oil pipelines, Transport corridors
▪️Multi-dimensional connectivity network:
🔹landmark projects: (Railway; Ports, Air (Gwadar & Siem-Reap - NEW); Gas&Oil pipelines, Transport corridors
🔹“small but beautiful” projects 小而美”项目: infrastructure, health, green ecology, agricultural coop., water conservancy, forest & grass dev., poverty reduction, education & training: visible and tangible 看得见 摸得着; Juncao, vocational training, free eye surgeries
▪️strengthen risk prevention and control
🔹common, comprehensive, coop. & sustainable security concept 共同、综合、合作、可持续的安全观(trad. & non-trad security areas; UNSC focus)
🔹int. anti-corruption cooperation; High-Level Principles on B&R Integrity Building)
🔹common, comprehensive, coop. & sustainable security concept 共同、综合、合作、可持续的安全观(trad. & non-trad security areas; UNSC focus)
🔹int. anti-corruption cooperation; High-Level Principles on B&R Integrity Building)
▪️multi- & bilateral coop.
🔹dock strategic planning: “friendly” states first
🔹BRI coop. platform (e.g., BRF, B&R Alliances of Lawyers, Green Dev. Energy, Tax Admin.; Natural Disasters Prevention & Emergency Management, Journalism, Think Tank; Int. Rule of Law Coop. Committee
🔹dock strategic planning: “friendly” states first
🔹BRI coop. platform (e.g., BRF, B&R Alliances of Lawyers, Green Dev. Energy, Tax Admin.; Natural Disasters Prevention & Emergency Management, Journalism, Think Tank; Int. Rule of Law Coop. Committee
▪️Coordinate and improve policy services
🔹Cultivate international talent
🔹Cultivate international talent
🔹build a foreign-related legal service system 涉外法律服务体系(int. commercial dispute resolution mech.; int. commercial arbitration center; int. law expertise, formulate int. rules; strengthen int. legal exchanges & coop.; construct foreign-related legal service institutions
▪️GCSF
🔹 enrich & improve the connotation of the GCSF (regional CSFs; specific GCSF in health, cyberspace, nuclear security, ocean, man & nature)
Chapter 5 Outlook:
▪️ Underlines the connection between the BRI and GCSF (BRI a catalyst to achieve the GCSF)
🔹 enrich & improve the connotation of the GCSF (regional CSFs; specific GCSF in health, cyberspace, nuclear security, ocean, man & nature)
Chapter 5 Outlook:
▪️ Underlines the connection between the BRI and GCSF (BRI a catalyst to achieve the GCSF)
Summing up
▪️BRI remains the key🇨🇳foreign policy agenda item
▪️Focus on institutionalizing
▪️Focus on smaller projects & the BRI 'connecting hearts & minds component' (mostly repackaging of existing BRI areas)
▪️Notable absence of the 3 global initiatives (GSI, GDI and GCI)
▪️BRI remains the key🇨🇳foreign policy agenda item
▪️Focus on institutionalizing
▪️Focus on smaller projects & the BRI 'connecting hearts & minds component' (mostly repackaging of existing BRI areas)
▪️Notable absence of the 3 global initiatives (GSI, GDI and GCI)
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