China seeks to rebuild Silk Road trade links
September 20, 2015 03:24 pm
China is increasingly engaging other countries for its ‘One Belt, One Road’ initiative to rebuild the historic Silk Road which begins in Fuzhou, China and goes via Vietnam, Indonesia, Bangladesh, India, Sri Lanka, the Maldives and East Africa to build trade links with Europe, Asia and Africa.
The name, ‘One Belt, One Road’, comes from abbreviating the two planks of the scheme, the ‘Silk Road Economic Belt’ and the ‘21st Century Maritime Silk Road’, the Xinhua news agency reported.
It used the 12th China-Asean Expo (CAEXPO), which kicked off in Nanning will continue until Tuesday, to show the benefits that the initiative will bring.
The five-day exposition itself is an attempt to further strengthen the cooperation between China and the Association of Southeast Asian Nations (Asean) and create a new blueprint for maritime cooperation.
Featuring “The 21st Century Maritime Silk Road: Creating A Blueprint for Maritime Cooperation” as its theme, the exposition will see participation from over 2,200 companies from China and other south-eastern countries.