China officially announced the Belt and Road Initiative (BRI) in 2013. The massive infrastructure project aims to connect multiple continents across land and sea. So far, over 200 BRI cooperation agreements have been signed with more than 150 countries and 30 international organizations.
This fall marks ten years since Chinese President Xi Jinping announced the Belt and Road Initiative, the vast infrastructure project that China devised to boost trade and connectivity across Asia, Europe and Africa.
Over the years, the Belt and Road Initiative (BRI)—also known as the One Belt and One Road Initiative or the New Silk Road—has included numerous physical development and financial investment projects ranging from the construction of railways to satellite networks. The endeavour remains one of the largest infrastructure plans ever initiated by a single country.
“Belt and Road international cooperation has gotten off the ground, grown rapidly and produced fruitful outcomes,” Xi said in October during a ceremony marking the BRI's tenth anniversary. “Covering the land, the ocean, the sky and the internet, this network has boosted the flow of goods, capital, technologies and human resources among countries involved.”
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