Page 10 - ON BUILDING A HUMAN COMMUNITY WITH A SHARED FUTURE

ON BUILDING A HUMAN COMMUNITY WITH A SHARED FUTURE

We will actively promote supply-side structural reform to achieve
sustainable development, inject strong impetus into the BRI, and create
new opportunities for global development.
China will enhance friendship and cooperation with all countries
involved in the BRI on the basis of the Five Principles of Peaceful
Co-existence. We are willing to share our development experiences
with other countries, but we have no intention of interfering in other
countries’ internal affairs, exporting our social system and model of
development, or imposing our own will on others. In promoting the BRI,
we will not resort to outdated geopolitical maneuvering. What we hope
to achieve is a new model of mutually beneficial cooperation. We have
no intention of forming a small group detrimental to stability, what we
wish to create is a family of harmonious co-existence.
China has reached practical cooperation agreements with many
countries on the BRI. These agreements cover not only projects on
connectivity hardware, like transport, infrastructure, and energy, but
also software such as telecommunications, customs, and quarantine
inspections. The agreements also include plans and projects for
cooperation in economy and trade, industry, e-commerce, and the marine
and green economies. Chinese railway authorities will sign agreements
with their counterparts of relevant countries to deepen cooperation
on China-Europe freight train services. We will work to see these
cooperation projects launched at an early date and deliver early benefits.
China will scale up financing support for the BRI, contributing an
additional RMB 100 billion to the Silk Road Fund. We are encouraging
financial institutions to conduct overseas RMB fund operations which
will amount to about RMB 300 billion. The China Development Bank
and the Export-Import Bank of China will set up special lending
schemes with a respective value of RMB 250 billion and RMB 130
billion to support Belt and Road cooperation on infrastructure, industrial
capacity, and financing. We will also work with the AIIB, the BRICS New
Development Bank, the World Bank, and other multilateral development
institutions to support Belt and Road related projects. We will work with
other parties concerned on formulating guidelines for financing BRI
related development projects.
China will endeavor to foster mutually beneficial economic and trade

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