Home / World Economy / World Economy News / BRI benefits from opening-up efforts

BRI benefits from opening-up efforts

On a highway in Horgos, drivers speaking different languages transport goods in and out of China. Meanwhile, China-Europe trains pass through customs from Kazakhstan, bringing vitality to the city that also thrived on the ancient Silk Road.

Positioned at the forefront of China’s western areas, Horgos, a major land port in northwest China’s Xinjiang Uygur autonomous region, has seen a robust increase in foreign trade. Last year, 2,055 inbound and outbound China-Europe freight trains passed through Horgos Port.

Xinjiang borders eight countries, and has a host of land ports involved in international trade on the ancient Silk Road. Authorities have expanded opening-up efforts in recent years as part of the Belt and Road Initiative.

In January, Xinjiang’s total foreign trade stood at 13.94 billion yuan (about $2 billion), up 11.7 percent year-on-year, according to Urumqi Customs.

Three comprehensive bonded zones, located in Alataw Pass, Kashgar and the regional capital Urumqi, saw their combined foreign trade value rise more than 40 percent year-on-year in January.

Last year, imports and exports between Xinjiang and 36 countries along the BRI rose by 13.5 percent year-on-year to about 291.5 billion yuan.

Behind all the prosperity is the BRI, which is gaining steam.

An international Belt and Road forum was held in Beijing in April.

It was attended by representatives from more than 100 countries, including about 40 government leaders.

The forum gave a boost to people-to-people connectivity among countries participating in the development of the initiative.

In recent years, China has signed 171 BRI cooperation documents with more than 150 countries and international organizations.

Kemen Noodle Manufacturing, a major trading company located within Urumqi’s comprehensive bonded zone, exported products worth 163 million yuan last year.

“The company will further expand production under the dual advantages of preferential policies and shortened customs clearance times,” said Wei Yujun, the company’s deputy general manager.

The benefits derived from opening-up policies have extended beyond the economic sector.

In the past few months, many foreign officials and media delegates have visited farmers, artists and people involved in religious affairs to learn more about the region’s opening-up efforts.

Senior diplomats from the permanent missions of eight countries to the UN Office at Geneva, Switzerland, visited Xinjiang from Feb 16 to 19 at the invitation of the Ministry of Foreign Affairs.

Diplomats from Pakistan, Venezuela, Cuba, Egypt, Cambodia, Russia, Senegal and Belarus spoke with trainees at vocational education and training centers, interacting with clerics and other members of the public during their visit.

Enhanced communication has also strengthened emotional bonds between people from China and neighboring countries.

In recent years, a rising number of international students have pursued education in Xinjiang.

At Xinjiang Normal University, student Irbay Lahat, from Kazakhstan, is studying Chinese, calligraphy and martial arts with classmates from countries such as Russia, Kazakhstan and Kyrgyzstan.

“Learning Chinese will help me to find a better job in Kazakhstan,” he said. “I want to pursue further education in another city in China after graduation.”
Source: Xinhua

Recent Videos

Hellenic Shipping News Worldwide Online Daily Newspaper on Hellenic and International Shipping