In recently, a hot topic has raises people's discussion. That is the Belt and Road. It has been advanced in 2015. It will fulyl depend on the dual multilateral mechanism of relevant countries and China, with the help of the existing and effective regional cooperation platform. The Belt and Road is aim at use the historical sign of the ancient silk road, actively developing the econimic partnership with countries along the road.
Economies involved in the Belt and Road Initiative have taken on an increasingly important role in China's import and export sectors in the past two decades, a recent report showed.
Meanwhile, China has become the largest trade partner for 25 countries involved in the initiative, and the second- or third-largest trade partner for 19 of them, according to a report published on Wednesday by the Shanghai Academy of Social Sciences.
Trade last year between China and five countries involved in the initiative including Malaysia, Vietnam, Thailand, Singapore and India exceeded $70 billion, indicating that China and these countries constitute a part of the global value chain system, according to the report.
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