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What is China's Silk Road Economic Belt?

 

Abstract : The Silk Road first emerged a lot more than 2,100 years ago throughout the Han Dynasty immediately after China's envoy Zhang Qian (164-114 BC) twice visited Central Asia. For two millennia, countless tales of everlasting friendship among peoples have been woven into this ancient network. Get a lot more details about Silk road economic belt

 

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

 

In 2013, China proposed developing a Silk Road Economic Belt to expand Eurasian financial cooperation. An revolutionary cooperative method was outlined, starting with individual projects which are expected to help spur larger-scale regional cooperative development. The proposed economic belt is viewed as the longest financial corridor inside the world - and potentially the most dynamic - connecting the Asia-Pacific area in the east with created 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 Region. As a vital link of your Silk Road Economic 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 Area. As an important hyperlink in 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)

 

-- Nations along the Silk Road Economic Belt

 

Countries in Central Asia which include Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, and Turkmenistan are just across the border from China. They are closely connected with China's economy.

 

Middle-eastern nations which include Iran, Iraq, Jordan, Syria, Saudi Arabia, and Turkey mainly trade oil and gas. They look forward to creating other industries and agriculture by means of cooperation with China.

 

Other nations around the boundary among Europe and Central Asia such as Azerbaijan, Georgia, Armenia, Ukraine, Belarus, and Moldova are expected to attain economic integration.

 

Russia is definitely an important part from the Silk Road Financial Belt. It features a close relationship with Central Asian countries, the countries with the Caucasus region, and Western Asian countries.

 

If the problems in Afghanistan could be resolved peacefully, then the development of Afghanistan, Pakistan, and India may also be promoted by the Belt and Road Initiative (BRI).

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