What does the the Belt and Road mean?

The the Belt and Road, abbreviated as B&R, is the abbreviation of the "Silk Road Economic Belt" and the "21st Century Maritime Silk Road".

On March 28, 2015, the National Development and Reform Commission, the Ministry of Foreign Affairs and the Ministry of Commerce jointly released the Vision and Action to Promote the Joint Construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road ^。As of November 20, 2021, China has signed 206 cooperation documents with 141 countries and 32 international organizations to jointly build the "the Belt and Road".

The "the Belt and Road" runs through Asia, Europe and Africa. At one end is the active East Asian economic circle, and at the other end is the developed European economic circle. The vast hinterland countries in the middle have great economic development potential. The Silk Road Economic Belt focuses on the smooth passage of China through Central Asia, Russia, and Europe (Baltic Sea); China passes through Central Asia and West Asia to the Persian Gulf and the Mediterranean Sea; China to Southeast Asia, South Asia, and the Indian Ocean. The key direction of the 21st century Maritime Silk Road is from China's coastal ports to the Indian Ocean through the South China Sea, extending to Europe; From coastal ports in China, cross the South China Sea to the South Pacific.

The the Belt and Road aims to rely on the existing bilateral and multilateral mechanisms between China and relevant countries, and with the help of existing and effective regional cooperation platforms, actively develop economic cooperation partnerships with countries along the Belt and Road, and jointly build a community of interests, a community of destiny, and a community of responsibilities featuring political mutual trust, economic integration, and cultural inclusion.

According to the trend of the "the Belt and Road", relying on international channels, supported by central cities along the line, and taking key economic and trade industrial parks as the cooperation platform, we will jointly build international economic cooperation corridors such as the New Eurasian Continental Bridge, China Mongolia Russia, China Central Asia West Asia, and China Indochina Peninsula; At sea, key ports are used as nodes to jointly build smooth, safe, and efficient transportation channels. The two economic corridors of China Pakistan and Bangladesh China India Myanmar are closely related to the promotion of the "the Belt and Road" construction. We should further promote cooperation and make greater progress.

The "the Belt and Road" is the economic cooperation zone with the largest span and the greatest development potential in the world. These countries and regions along the route will complement each other's advantages, effectively integrate resources, and expand economic and trade cooperation with each other. Cross border e-commerce is expected to become a new growth point for domestic foreign trade development with advantages such as globalization, networking, convenience, and directness, thus playing a very important role in smooth trade, financial integration, and people-to-people communication.