What is China's Silk Road Economic Belt?

11/02/2021 17:00

Abstract : The Silk Road initially emerged a lot more than 2,one hundred years ago throughout the Han Dynasty soon after China's envoy Zhang Qian (164-114 BC) twice visited Central Asia. For two millennia, numerous tales of everlasting friendship in between peoples have been woven into this ancient network. Get more information regarding Silk road economic belt




The Silk Road first emerged additional than 2,one hundred years ago during the Han Dynasty immediately after China's envoy Zhang Qian (164-114 BC) twice visited Central Asia. It became a bridge among East and West, opening the door to friendly engagement involving China and Central Asia. For two millennia, countless tales of everlasting friendship amongst peoples have already been woven into this ancient network.



In 2013, China proposed creating a Silk Road Economic Belt to expand Eurasian economic cooperation. An revolutionary cooperative approach was outlined, starting with person projects that happen to be anticipated to help spur larger-scale regional cooperative development. The proposed financial belt is considered the longest economic corridor in the world - and potentially one of the most dynamic - connecting the Asia-Pacific region inside the east with developed European economies in the west.



Aerial photo taken on July 5, 2018 shows the Lianyungang-Horgos expressway along the Sayram Lake, northwest China's Xinjiang Uygur Autonomous Area. As a vital link on the Silk Road Financial Belt, Xinjiang is speeding up the development of transportation and logistics to connect east and west. By the end of 2017, the total length of roadin Xinjiang reached 186,000 km, with 4,578 km of expressways. (Xinhua/Zhao Ge)



Aerial photo taken on Aug. 2, 2018 shows a roadin Zhaosu County, northwest China's Xinjiang Uygur Autonomous Region. As a crucial hyperlink with the Silk Road Financial Belt, Xinjiang is speeding up the development of transportation and logistics to connect east and west. By the end of 2017, the total length of roadin Xinjiang reached 186,000 km, with 4,578 km of expressways. (Xinhua/Hu Huhu)



-- Countries along the Silk Road Economic Belt



Nations in Central Asia like Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, and Turkmenistan are just across the border from China. They may be closely connected with China's economy.



Middle-eastern countries for example Iran, Iraq, Jordan, Syria, Saudi Arabia, and Turkey primarily trade oil and gas. They look forward to creating other industries and agriculture by means of cooperation with China.



Other countries on the boundary in between Europe and Central Asia which include Azerbaijan, Georgia, Armenia, Ukraine, Belarus, and Moldova are anticipated to attain economic integration.



Russia is an vital part in the Silk Road Economic Belt. It includes a close partnership with Central Asian nations, the nations in the Caucasus region, and Western Asian countries.



When the issues in Afghanistan is often resolved peacefully, then the development of Afghanistan, Pakistan, and India will also be promoted by the Belt and Road Initiative (BRI).

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