(Source: "International Business Daily" 2025-04-11)

Currently, negative voices against China's weak economic growth are rampant in the international community, trying to press the pause button on China's economic development. However, my country's outstanding achievements in the field of economic and w88 cooperation prove that our country can not only maintain its own economic growth vitality, but also exert China's strength for the recovery of the global economy.

The joint construction of the “Belt and Road” initiative continues to be implemented in depth. Since the "Belt and Road" initiative was proposed, my country has signed more than 200 cooperation documents on the joint construction of the "Belt and Road" with more than 150 countries and more than 30 international organizations, established more than 20 multilateral dialogue and cooperation mechanisms in professional fields, and achieved a series of important cooperation results. First, "hard connectivity" has been deepened and solidified. At present, the construction of facilities and connectivity for the joint construction of the "Belt and Road" has basically formed an overall structure of "six corridors, six roads, multiple countries and multiple ports". China-Europe freight trains have strong transport capacity. In the first two months of 2025, a total of 2,619 trains have passed through the west corridor of China-Europe freight trains, a year-on-year increase of 8.1%; the "Silk Road Maritime Transport" has developed rapidly, with the number of routes reaching 132, reaching 145 ports in 46 countries , a total of more than 18,000 ships have been launched, with a w88 volume of approximately 19.5 billion yuan; the potential of air transport has been continuously released. By the end of 2023, my country has signed bilateral aviation agreements with 104 countries co-building the "Belt and Road", and the level of cross-border transportation facilitation continues to improve. Second, "soft connectivity" continues to deepen. my country's National Standards Committee has signed 54 cooperation documents with 43 national standardization agencies that jointly build the "Belt and Road", and has carried out mutual recognition of more than 450 standards with Russia, Kazakhstan and other countries, deepening standards cooperation and exchanges, and facilitating bilateral economic and w88 exchanges. Third, "heart-to-heart connectivity" continues to deepen. my country has deeply built a solid social foundation for jointly building the "Belt and Road" through various measures such as establishing overseas Chinese cultural centers, signing agreements on mutual recognition of higher education academic degrees, and carrying out sister city friendship activities.

Multilateral and bilateral cooperation and exchange mechanisms and platforms will produce more results. First of all, my country has actively promoted the 13th Ministerial Conference of the World w88 Organization to achieve practical results of "1+10" and reached new agreements in the fields of w88 investment facilitation and e-commerce. At the same time, my country has also reached a number of economic and w88 consensuses in mechanisms such as BRICS, APEC and the Shanghai Cooperation Organization, providing more favorable conditions for regional and global economic and w88 exchanges. Secondly, my country has given full play to the important role of mechanisms such as China-ASEAN Cooperation, the Forum on China-Africa Cooperation, the China-Latin America Forum, and China-Central and Eastern European Countries Cooperation in promoting multilateral dialogue and exchanges, and has achieved a series of new results that facilitate economic and w88 exchanges between the two sides. In 2024, my country will substantially conclude the China-ASEAN Free w88 Area 3.0 negotiations, sign a free w88 upgrade agreement with Peru, promote the effective implementation of free w88 agreements or upgrade agreements with Serbia, Maldives, Singapore and other countries, and sign a common development economic partnership framework agreement with 23 African countries. In addition, my country has also created a new platform for strengthening w88 and investment cooperation by holding large-scale national exhibitions such as the Canton Fair, China International Import Expo, w88 in Services Fair, and Chain Expo. In 2024, my country's Service w88 Fair will release more than 200 integrated innovation results. The two Canton Fairs, China International Import Expo and Chain Expo achieved transaction volumes of US$49.65 billion, US$80.01 billion and 152 billion yuan respectively, all with outstanding results.

The scale of w88 and investment continues to expand. my country is a major trading partner of more than 150 countries and regions around the world. At present, my country's import and export w88 with traditional European and American markets is still growing, with bilateral w88 volume increasing by 1.6% and 4.9% respectively in 2024. Secondly, emerging markets have become an important source of most of my country's w88 volume. my country has been each other's largest trading partner with ASEAN for five consecutive years. With the multilateral dialogue and exchanges such as BRICS, China-Africa Cooperation, and China-Central and Eastern European Countries Cooperation, The flow mechanism continues to develop and expand, and my country's import and export w88 with these countries has also achieved rapid growth, with growth rates maintained at above 5.5%; thirdly, the status of the countries co-building the "Belt and Road" is more important in my country's foreign w88 "circle of friends". In 2024, the bilateral w88 volume between my country and the countries co-building the "Belt and Road" will account for more than 50% of my country's total import and export w88 for the first time. In terms of two-way investment, the number of newly established foreign-funded enterprises in my country has reached a new high. Well-known multinational companies such as Airbus and Volkswagen continue to increase their investment in China. More high-quality foreign investment is invested in high-tech industries and service industries, and the use of foreign investment is gradually showing a high-end trend. Foreign direct investment continues to grow steadily. In 2024, my country's foreign non-financial direct investment will reach US$143.85 billion, an increase of 10.5% over the same period. Among them, my country has directly invested US$33.69 billion in countries that jointly build the "Belt and Road", making positive contributions to the high-quality joint construction of the "Belt and Road". In addition, my country has also built high-level overseas cooperation parks such as China-Belarus Industrial Park, Ethiopia Oriental Industrial Park and China-Uganda Mbale Industrial Park to increase the level of industrialization and industrial supporting capabilities of relevant countries.

Infrastructure construction cooperation benefits a wide range of areas. Complete infrastructure is a solid foundation for China to carry out economic and w88 cooperation with other countries. In terms of transportation facilities, a series of major infrastructure projects, including the Jakarta-Bandung High-Speed ​​Railway, the China-Laos Railway, the Kenya Mombasa-Nairobi Railway, the Pelješac Bridge, and Nigeria’s Lekki Deepwater Port, participated and constructed by Chinese enterprises, have been put into use one after another. Transportation services have been continuously enriched, bringing significant benefits to the local economy and society. In terms of energy facilities, clean energy projects such as Ethiopia's Gibousan Hydropower Station, Adama Wind Power Project, Morocco's Noor Solar Thermal Power Station and Egypt's Benban Photovoltaic Industrial Park have also greatly helped partner countries to efficiently utilize natural resources, accelerate the development of green industries and achieve energy transformation. In terms of new digital infrastructure, my country has assisted 15 countries and international organizations such as Pakistan, Laos, and Egypt in building digital infrastructure projects to help promote the inclusive development of the digital economy among countries.

New technological cooperation brings new opportunities for the development of various countries. Digital technology and green technology are key directions of global technological innovation. In terms of digital technology, China has established bilateral e-commerce cooperation mechanisms with 23 countries, signed "Digital Silk Road" cooperation memorandums of understanding with 17 countries, promoted the construction of cross-border optical cable facilities, and promoted digital infrastructure connectivity. At the same time, our country also provides digital technology support to other developing countries and strives to narrow the digital divide. In the field of green technology, my country has carried out joint research on renewable energy system planning and stability control technology with Egypt; in addition, my country has also taken the lead in launching the "Digital Silk Road" international science program to provide scientific and technological support for the green "Belt and Road".

(Lan Qingxin is a professor at the National Institute for Opening up, w88 casino, and vice president of the w88 casino of International Economics and w88; Tian Geng is a doctoral candidate at the w88 casino of International Economics and w88, w88 casino)

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