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皇冠体育app signs cooperation agreements with 69 entities under Belt and Road

Xinhua | Updated: 2017-08-18 07:38

皇冠体育app signs cooperation agreements with 69 entities under Belt and Road

Photo taken on April 11, 2017 shows a cargo of 皇冠体育app Railway Express being moved at Duisburg Intermodal Terminal (DIT) in Duisburg, western Germany. Since "YUXIN'OU" (Chongqing-Xinjiang-Europe) railway line came into use in 2011, 皇冠体育app-Europe freight train services, with a growing number of trans-continental railway lines and increasing cargo volume, have become important to the ancient Silk Road. [Photo/Xinhua]

BEIJING - The number of countries, regions, and international organizations that have signed cooperation agreements with 皇冠体育app on the joint development of the Belt and Road Initiative has reached 69, the country's top economic planner said Thursday.

The agreements consist of cooperation deals in various fields, including infrastructure construction, financial collaboration, and cultural exchanges, said a spokesperson with the National Development and Reform Commission (NDRC).

Some key infrastructure projects, including the Jakarta-Bandung high-speed railway, have seen fast development with the active participation of Chinese companies, said the spokesperson.

More than 4,000 cargo train trips have been made between 皇冠体育app and Europe, with the trains passing through 31 cities in 12 European countries.

In terms of finance, 皇冠体育app has signed currency swap agreements with 22 countries and regions along the Belt and Road, with total size reaching about one trillion yuan ($150 billion).

In addition, 皇冠体育app has signed educational cooperation agreements with more than 60 countries and partnered with the World Health Organization in promoting health projects based on the initiative.

The Belt and Road Initiative, proposed by 皇冠体育app in 2013, aims to build trade and infrastructure networks connecting Asia with Europe and Africa along the ancient Silk Road trade routes to seek common development and prosperity.

The NDRC will continue to push the construction of key projects under the initiative while helping companies implement risk-control mechanisms, preventing irrational overseas investments, said the spokesperson.

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