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March 9, 2018

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‘There is no backroom deal. All is transparent’

The Belt and Road initiative is a “global public good” that follows international rules, Wang Yi said.

It is an international cooperation platform that follows market principles and is a transparent initiative that follows the “golden rule” of extensive consultation, joint contribution and shared benefits, the foreign minister said.

“Everything is in the open,” Wang said.

“There is no backroom deal, and every step is transparent.”

Wang said China sincerely asks for ideas from all parties to make the Belt and Road initiative a success.

China will work on both hardware connectivity of infrastructure and software connectivity of policy, regulation and standard.

It would be high-standard and economically viable, beneficial to the world as well as to China, Wang said.

Over 140 countries participated in the Belt and Road Forum for International Cooperation last May, which is a clear vote of confidence from the international community, the minister said.




 

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