BRI Projects May Top Agenda of C+C5 Summit

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China’s President Xi Jinping waves as he leaves after a press conference at the end of the final day of the Belt and Road Forum at the China National Convention Centere at the Yanqi Lake venue outside Beijing on April 27, 2019InternationalIndiaAfricaOleg BurunovBeijing earlier said that the two-day event in the Chinese city of Xian would be attended by the leaders of Kazakhstan, Tajikistan, Uzbekistan, Kyrgyzstan and Turkmenistan, who will discuss the development of strategic partnerships with their Asian neighbor.President Xi Jinping will chair the upcoming China-Central Asia summit to deal with burgeoning ties and a “new era of cooperation”, Chinese Foreign Ministry spokesperson Wang Webin has announced.He told reported on Monday that the summit, known as the C+C5 gathering, will be the first major diplomatic event that the People’s Republic of China hosts this year. Want called the event “the first in-person summit among the heads of state of the six countries over the 31 years since Beijing established diplomatic relations with them.”

"It is of milestone significance in the history of the relations between China and Central Asian countries," the spokesperson underlined.

He declined to clarify what precisely will be discussed during the May 18-19 summit but said an “important political document” will be signed that will “draw a new blueprint for China-Central Asia relations.”Xi Jinping: China to Give $500 Million in Aid to Central Asian Countries25 January 2022, 18:24 GMTThe remarks come after Beijing said that Xi’s counterparts from the five Central Asian states – Kazakhstan, Tajikistan, Uzbekistan, Kyrgyzstan and Turkmenistan – would attend the two-day summit due to open in the northwestern Chinese city of Xian on May 18.This was preceded by media reports that China’s Belt and Road Initiative (BRI) is expected to be a major topic on the summit’s agenda.

Chinese Commerce Minister Wang Wentao earlier emphasized that Beijing’s trade volume with Central Asian countries had grown by 22% in the first two months of this year. He added that “the cross-border e-commerce between China and Central Asia increased by 95 percent year-on-year in 2022, and nearly 300 Central Asian enterprises joined China's e-commerce platforms."

The statement followed the Chinese Foreign Ministry pledging to deepen his country’s economic ties with Central Asia and make it “the pure land of win-win cooperation” instead of “a war zone of geopolitical contest.”A Chinese media outlet recalled in this regard that Central Asia has gained increasing significance for Beijing because of the region’s rich natural resource deposits and proximity to China’s western province of Xinjiang.

"Central Asia has long been a pivotal trading corridor for China, dating back to the original Silk Road during the Han dynasty some 2,200 years ago," the outlet added.

WorldBelt and Road Initiative Helped Keep Asia-Europe Ties Intact Amid Ukraine Crisis: Researcher18 November 2022, 18:44 GMTAs for the BRI, also known as “the New Silk Road”, it was announced by President Xi in 2013, with Beijing initially vowing to allocate $124 billion for the project. The overall Chinese investments in the BRI could reach $1.3 trillion by 2027, according to the American consultancy Morgan Stanley.The BRI is a series of overland and maritime connectivity and infrastructure programs being developed across the world with the financial backing of China. Nearly 140 countries, including those in Europe, Asia and South America, have signed up for the BRI so far.


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