UNVEILING THE BRI: A DECADE OF PROGRESS AND CHALLENGEST

Abstract

A Ten-Year Summary of the Development of the BRI.

2023 marks the 10th anniversary of the Belt and Road Initiative(BRI). At the beginning of the new year, China signed memorandums of understanding on the BRI with the Philippines and Turkmenistan, which fully demonstrates that the Initiative is in line with the historical trend of economic globalization and the era's requirements for global governance system reform. The BRI has always maintained strong resilience and vitality, providing new opportunities for the world. As a fundamental national policy of China, opening-up has driven the high-quality development of BRI and promoted high-level opening-up to the world. BRI has become an open and global cooperation platform that spans geographical limitations, breaks cultural differences, and integrates development needs, and it will make solid contributions to the recovery of the world economy. Up to now, the BRI has yielded fruitful results, and it has become a popular international public product and cooperation platform, covering two-thirds of the world's countries and one-third of international organizations. China has deeply integrated into a new and massive international system and formed a larger, wider, and deeper pattern of opening-up. Admittedly, the deepest international background of the BRI is contemporary globalization. In this era, especially after experiencing the unprecedented challenge of the COVID-19 pandemic, peace, development, security, and governance deficits are exacerbating, and human society is facing unprecedented common challenges.