Chinese President sign deal worth more than $64b as part of BRI

Chinese President

Chinese President Xi Jinping urged the need to expedite work for basic infrastructure and industrial development to meet the challenges of the economy being faced by the world.

Chinese President asked to open borders among the countries for boosting trade and to upgrade the living standards of people.

He said Belt and Road Initiative is an important forum for the economic development of the entire region.

Chinese President also called for joint efforts to meet the challenges of climate change.

Xi said market principles will apply in all Belt and Road cooperation projects and that his signature initiative to recreate the old Silk Road joining China with Asia and Europe will deliver green and high-quality development.

In his closing remarks, Chinese President said this cooperation will enjoy higher quality and brighter prospects. 

President Xi Jinping hailed deals worth more than 64 billion dollars signed during China’s Belt and Road Initiative this week.

Total value of projects in the scheme stands at 3.67 trillion dollars , spanning countries in Asia, Europe, Africa, Oceania and South America.

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