(The writer is Chinese Ambassador to India)ĭon’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. For the benefit of our region, let us work together for common prosperity. Chinas President Xi Jinping said he hoped annual trade with the countries involved in Beijings plan to create a modern Silk Road would surpass 2.5. In the backdrop of further globalisation, we need to follow our ancestors’ footsteps along the ancient Silk Road. ment.3 In 2013, Chinas president Xi Jinping therefore announced several. Besides existing people-to-people exchange mechanisms, we should continue to enhance exchanges, especially at the grassroots level, establish more sister cities and provide more facilities for people-to-people exchanges to promote friendship between China and India. Innovation and the Digital Silk Road are moving to the forefront of Beijings efforts to develop the Belt and Road Initiative (BRI). During the days of the Silk Road countries of Central Asia acted as. We can work for financial settlement in Chinese yuan and Indian rupee, encourage currency swap, strengthen banking cooperation and set up regional financial institutions for development to bring down transaction costs and enhance regional arrangement to fend off financial risks. Meanwhile, efforts should be made to remove trade and investment barriers, to improve circulation and quality of the regional economy and make the regional cooperation “cake” even bigger. We should push forward our consultations to result in the China-India regional trade agreement in due time. President Xi Jinping of China brings the spirit of the ancient Silk. Ancient Silk Road Routes - Information about Silk Routes 2023 View all Yangtze Cruise Jul. The Silk Road embodies the spirit of peace, cooperation, openness, inclusiveness, mutual learning and hard work. BEIJING, May 14 (Reuters) - Chinese President Xi Jinping said on Sunday that China’s new Silk Road plan is open to everyone, including Africa and Europe. The eastern starting point of the Silk Road trading route, Xi’an. ROME Italy resisted the entreaties and warnings of its European Union and American allies on Saturday by officially joining China’s vast new Silk Road at a signing ceremony with President Xi. The route along which he travelled was later called the Silk Road, and the route he chose to go back to China via the Indian Ocean was named the Maritime Silk Road. China is ready to expand its investment in India and reduce our trade imbalance. Ancient capital With a population of more than 8 million people today, Xi’an has a long history even by Chinese standards.
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