Editor's Note: China is rolling out a major documentary serieson its diplomatic principles Kelvin Benjamin Jersey , practices and achievements over thepast five years. The English-language version of the program willsoon be available on TV and online. To help the audience betterunderstand Chinese diplomacy, Xinhua is releasing a variety ofreports that include anecdotes, quotable quotes, facts andfigures.
BEIJING, Sept. 11 (Xinhua) -- The following is a selection ofkeywords related to China's foreign policy and theirexplanations:
The Belt and Road Initiative comprises the Silk Road EconomicBelt and the 21st Century Maritime Silk Road, which aims to buildtrade and infrastructure networks connecting Asia with Europe andAfrica on and beyond the ancient Silk Road routes.
In a speech titled "Promote People-to-People Friendship andCreate a Better Future" delivered at Kazakhstan's NazarbayevUniversity on Sept. 7, 2013, Chinese President Xi Jinping for thefirst time proposed building the Silk Road Economic Belt.
On Oct. 23, 2013, Xi delivered a speech titled "ConstructingJointly the China-ASEAN Community of Common Destiny" at Indonesia'sParliament, and for the first time proposed building the 21stCentury Maritime Silk Road.
The proposed Silk Road Economic Belt is considered the longesteconomic corridor in the world, potentially the most dynamic, whichconnects the Asia-Pacific region in the east with developedEuropean economies in the west.
Meanwhile, the proposed 21st Century Maritime Silk Roadenvisions a network of interconnected markets linking theAssociation of Southeast Asian Nations, South Asia, West Asia,North Africa and Europe, and a strategic partnership for the SouthChina Sea and the Pacific and Indian oceans.
-- The spirit of the Silk Road is embodied in solidarity andmutual trust, equality and mutual benefit, inclusiveness, adisposition to learn from each other and cooperation in findingwin-win solutions.
-- The Silk Road Fund was established in Beijing on Dec. 29,2014, following Xi's announcement on Nov. 8 that China wouldcontribute 40 billion U.S. dollars for this purpose. The fund willsupport infrastructure and resource development and industrialcooperation in the countries on the land and sea Silk Roads.
-- The Asian Infrastructure Investment Bank, established in2015, is a regional intergovernmental development institutionfocused on supporting infrastructure development. It is the firstmultinational financial institution sponsored by China. As of theend of March 2017, the bank's membership had reached 70, secondonly to that of the World Bank.
-- The Steering Group for the Belt and Road Initiative has beenestablished at the national level to study important issues relatedto planning, policy and projects, and to provide guidance andcoordination in the implementation of the initiative.
-- In his speech at Kazakhstan's Nazarbayev University on Sept.7, 2013, Xi proposed building the Silk Road Economic Belt by afive-pronged approach: promoting policy coordination, roadinter-connectivity, unimpeded trade, currency convertibility, andcloser people-to-people ties.
-- By the end of 2016, over 100 countries and international andregional organizations had expressed an interest in participatingin implementing the initiative, and more than 40 of them had signedcooperation agreements with China thereon.
-- Since 2013, China has invested more than 50 billion U.S.dollars in countries on the Belt and Road. In 2016 alone, directinvestment reached 14.5 billion dollars, or 8.5 percent of China'stotal outbound investment.
-- China signed 126 billion dollars worth of new contracts forprojects in countries on the Belt and Road in 2016, up 36 percentyear on year.
-- China's trade with countries on the Belt and Road rose 0.5percent year on year to 6.25 trillion yuan (906.3 billion dollars)in 2016.
-- As of the end of 2016, Chinese businesses had built 56economic and trade cooperation zones in more than 20 countries onthe Belt and Road, with the total investment exceeding 18.5 billiondollars, generating nearly 1.1 billion dollars in tax revenue andcreating nearly 180,000 local jobs.
-- China has industrial capacity cooperation systems with nearly20 countries. Notably, China and Kazakhstan have signed agreementson 51 major cooperation projects worth 27 billion dollars.
-- China has signed more than 130 bilateral and regionaltransport agreements with countries involved in the Belt and RoadInitiative to improve inter-connectivity.
-- China-Europe express freight trains have covered 28 cities in11 European countries since being launched in 2011. More than 3,500trips have been made so far, and the figure is planned to rise to5,000 a year by 2020.
-- The China-Pakistan Economic Corridor, one of the six economiccorridors envisaged by the Belt and Road Initiative, has seen rapidprogress, with major highway, railway and port projects underway.
-- Construction has started or neared completion on other largetransport infrastructure projects on the Belt and Road, includingthe Colombo Port City and Hambantota Port in Sri Lanka, theJakarta-Bandung high-speed railway in Indonesia and theMombasa-Nairobi railway in Kenya.
-- As of the end of 2016, China had signed more than 300intergovernmental agreements and implementation programs oncultural exchange and cooperation with countries on the Belt andRoad.
-- China has set up an official Silk Road scholarship and heldcultural events and art festivals with Belt and Road countries.
-- The ancient Silk Road was inscribed on the UNESCO WorldHeritage list in 2014, and a joint application has started for theinclusion of the Maritime Silk Road. Enditem
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