According to the statistics of the Ministry of Commerce, the overseas economic and trade cooperation zones built by Chinese enterprises have paid a total of US $6.6 billion in taxes to the host country, creating 392000 local jobs.
China’s one belt, one road initiative, was put forward by Sheng Qiuping, Assistant Minister of Commerce in March 1st. “China along the road” initiative has been proposed for more than eight years. China and other countries concerned have been adhering to the principle of “sharing and sharing”, and promoted “hard Unicom”, “soft Unicom” and “heart Unicom”, and achieved solid and heavy achievements.
The “one belt, one road” circle of friends has been expanding. Today, the “one belt, one road” initiative has changed from concept to action, from vision to reality, and beyond the expected results, which has injected new vitality into the economies of the countries along the line.
Zhang Jianping, director of the regional economic research center of the Research Institute of the Ministry of Commerce, pointed out in an exclusive interview with the reporter of the 21st Century Business Herald that the more than 140 partner members cover two-thirds of the world’s economies, most of which are developing economies and economies in transition. They have huge development potential and growth space. China’s one belt, one road area, has been continuously developing its market potential in recent years.
A number of major cooperation projects and livelihood projects have achieved results, which has brought tangible benefits to the economic development and livelihood improvement of the host country. According to the statistics of the Ministry of Commerce, the overseas economic and trade cooperation zones built by Chinese enterprises have paid a total of US $6.6 billion in taxes to the host country, creating 392000 local jobs.
The one belt, one road one belt, one road and another important part of the construction of the “economic belt and road”, Zhang Jianping pointed out. Taking one belt, one road, the platform of “one belt and one road” as the comprehensive and systematic platform for international economic cooperation, we have created a better condition and foundation for our trade and investment with the countries along the border through extensive and in-depth strategic docking and planning convergence, with the common aspiration of people and infrastructure links.
At the press conference on business operation in 2021 held by the State Council Information Office on January 25, Guo Tingting, director of the comprehensive Department of the Ministry of Commerce, said that the volume of goods trade between China and countries along the line accounted for 30% of China’s total foreign trade, and China’s direct investment in countries along the line also accounted for 15% of China’s total foreign investment. “The promotion of trade and investment between China and countries along the belt and road has promoted the development of industrial agglomeration, created jobs, brought taxes and effectively stimulated the economic growth of all countries. It can be said that this initiative has given full play to the complementary advantages between China and partner countries and played an important role in global economic recovery.” Zhang Jianping said.
“One belt, one road” has expanded its circle of friends.
One belt, one road, one belt, one road to Beijing, was greeted by China and Argentina. Besides Argentina, one belt, one road, has been joined by Cuba and Nicaragua since December 2021. The “one belt, one road” initiative is gaining increasing international recognition in Latin America.
For a long time, these Latin American countries in the “backyard of the United States” fell into the so-called “resource curse” and fell into the quagmire of “middle-income trap”.
“The dependence system on the United States has not allowed Latin American countries to solve the fundamental development problems. Now they are eager to usher in a new development model.” Wang Yiwei, member of the expert committee of the China Council for the promotion of international trade and director of the Institute of international affairs of Renmin University of China, pointed out to the 21st Century Business Herald that Latin America is the most concentrated and typical region of the “middle-income trap”. To this end, Latin American countries have made difficult demands, but the previous “Neo liberalism” and other economic development modes have failed, increasing unemployment and widening the gap between the rich and the poor, leading to the intensification of social contradictions.
In February 2022, on the occasion of the 50th anniversary of the establishment of diplomatic relations between China and Argentina, Argentine President Fernandez came to China to attend the opening ceremony of the Beijing Winter Olympic Games and visit China. The two heads of state agreed to jointly open up the next brilliant 50 years of China Argentina comprehensive strategic partnership. As an entourage, Niu Wangdao, Argentine ambassador to China, said in Chinese: “without the Communist Party, there would be no new China”, which aroused a warm response among Chinese netizens. He later told CCTV that his words were really emotional and natural.
It is reported that Fernandez also specially visited the CPC History Exhibition Hall during his visit to China, hoping to better understand the CPC through the visit. “Obviously, under the leadership of the Communist Party of China, in a very short historical period, China has become one of the major powers in the world, and the technological development of key industries is in a leading position. In addition, China has made great achievements in building a moderately prosperous society in all respects, and China’s goal of eliminating absolute poverty has been achieved.” Niu Wangdao said.
“For Latin American countries, China’s development oriented and people-centered governance plan can solve the problems caused by Latin America’s one-sided emphasis on market function and excessive dependence on the United States, truly solve the development deficit and governance deficit, and build a community with a shared future for mankind.” Wang Yiwei said.
China and Latin America are getting closer and closer, which has created dividends for the economic and social development of Latin American countries. In 2021, China will continue to maintain its position as the second largest trading partner in Latin America. According to the data released by the General Administration of Customs of China, the total import and export volume of China and Latin America in 2021 was about US $451591 million, an increase of 41.1% over 2020. China’s exports to Latin America totaled about US $229.009 billion, an increase of 52.0% over 2020; Latin American exports to China were about 222.582 billion US dollars, an increase of 31.4% over 2020.
Inject new impetus into the world economic recovery
On March 1st, one belt, one road, was put forward by Sheng Qiuping, Assistant Minister of commerce at the news conference of the State Council new office. In 2021, the “one belt and one way” economic and trade cooperation overcame the difficulties of the epidemic, and kept going deep and solid. It injected new kinetic energy into global open cooperation and world economic recovery.
Trade has reached a new level. According to the data from the press conference of the state information office on January 25, in 2021, the trade volume of goods between China and countries along the line reached 11.6 trillion yuan, a new high in eight years, with a year-on-year increase of 23.6%, accounting for 29.7% of China’s total foreign trade. New forms of foreign trade such as cross-border e-commerce have developed rapidly, and a number of overseas warehouses have been completed and put into operation. The first overseas intelligent logistics platform “overseas warehouse” for the connection between supply and demand of overseas warehouse
