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Belt and Road: 2023 Summit

Belt and Road: 2023 Summit
The initiative spearheaded by the Chinese government and endorsed by President Xi Jinping in late 2013 aims to improve trade and economic integration across Asia, Europe, and Africa.
last updated:
7 December, 2024
Li Keqiang died in Shanghai last week at the age of 68 having served as premier from 2013-23. Photo: Reuters
China's economic recovery

Explainer | Li Keqiang, GDP, belt and road forum: 8 things from China’s economy in October

Former premier Li Keqiang died in October, while the Belt and Road Forum for International Cooperation took place and China confirmed its economy grew by 4.9 per cent in the third quarter, year on year.

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Belt and Road Initiative

‘Huge potential’: China looks to belt and road to feed demand for minerals

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Belt and Road Initiative

China puts best foot forward at ‘milestone’ belt and road forum

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Belt and Road Initiative

‘Freewheeling days’ are over? China’s belt and road plan makes financing pivot

Xi Jinping says Beijing will spend less on loans than in previous years while stressing green, low-cost programmes, signalling China is seeking ‘more bang for its buck’ in global infrastructure strategy, observers say.

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Use of the Chinese currency in belt and road deals helps avoid adding to the debt burdens of borrower countries, according to observers. Photo: Bloomberg
Belt and Road Initiative

Inside Out | China’s focus on peaceful development in stark contrast to West’s outlook

While the US, Europe and Western media were distracted by Ukraine and Israel’s war in Gaza, China brought together leaders from the Global South to celebrate 10 years of the Belt and Road Initiative. This showcased Beijing’s commitment to building infrastructure in the name of peace and development.

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China-Russia relations

China and Russia supercharge trade with record US$25 billion grain order

Economic cooperation between the neighbours continues to be ramped up as poor ties with Western countries and the war in Ukraine have restricted trade and stalled supply chains.

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Belt and Road Initiative

Opinion | China steps up climate fight with belt and road green finance partnership

This new partnership can match the fresh capital China is injecting into the Belt and Road Initiative with blended financing to identify and develop green projects in developing countries.

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Chinese President Xi Jinping, with Indonesian President Joko Widodo and other leaders attending the Belt and Road Forum, at the Great Hall of the People in Beijing, on October 18. Photo: Xinhua
Belt and Road Initiative

Hong Kong, Beijing pledge 15 billion yuan for belt and road investment platform

Hong Kong Monetary Authority and Silk Road Fund sign agreement to create BNR HK Flagship Impact Fund at high-level belt and road forum in Beijing.

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Belt and Road Initiative

Editorial | Xi leaves no doubt belt and road plan will lead to further prosperity, stability

China’s president points way forward at forum for partners of initiative with pledges on investment, infrastructure and economic development in the face of US containment efforts.

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Belt and Road Initiative

‘Highly complementary’: China, Russia lay out plans for regional integration

At the high-profile Belt and Road Forum for International Cooperation, the leaders of China and Russia put forward complementary blueprints for the future of infrastructure development in Eurasia.

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Russian President Vladimir Putin is welcomed by Chinese President Xi Jinping at the Belt and Road Forum in Beijing, China, October 17, 2023. Photo: Reuters
Belt and Road Initiative

China’s Belt and Road Initiative to get a hi-tech boost, vice-premier vows

Addressing hundreds of business representatives at a belt and road conference on Tuesday, Vice-Premier He Lifeng calls for greater investments in big data, AI, e-commerce and new energy.

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Vice-Premier He Lifeng talks about China’s Belt and Road Initiative at a conference in Beijing on Tuesday. Photo: Bloomberg
Belt and Road Initiative

China to unveil new maritime cooperation initiative at belt and road summit

‘Major plan’ will cover sustainable use of marine resources, biodiversity conservation and climate change, official says.

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Belt and Road Initiative

China defends Africa investments as it gears up for belt and road forum

As it prepares for next week’s belt and road forum, China is making the case for its role in financing development in Africa and filling the ‘funding gap’ which continues to mar the advancement of the continent’s economies.

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Americas and the Caribbean

Chilean president to hold talks with Xi Jinping while in Beijing

Gabriel Boric is expected to attempt to lure renewal energy investments to Chile, which is home to 48 per cent of global lithium reserves, a mineral needed for EV batteries.

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Gabriel Boric was elected Chile’s president in 2021. Photo: AP
Belt and Road Initiative

Opinion | Western bias against China’s belt and road is hobbling climate action

As a green tech powerhouse, China can accelerate the Global South’s digital transition and foster a more sustainable model of economic growth. But the West remains obsessed with China’s perceived threat.

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Vehicles transporting Chinese components to Kazakhstan for a 50MW wind power project are seen on the Guozigou Bridge in Huocheng County, in the Xinjiang Uyghur Autonomous Region, on April 24, 2020. Kazakhstan is a key part of China’s Belt and Road Initiative. Photo: Xinhua
Belt and Road Initiative

Opinion | West’s attacks on China’s belt and road are futile

China’s infrastructure initiative has attracted criticism and inspired a cacophony of competing plans, including the G20’s economic corridor but fundamental needs are getting lost in the rush to conjure up new visions.

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Belt and Road Initiative

Inside Out | For all its flaws, China’s belt and road has lifted the Global South

China understood the critical need for infrastructure, though it perhaps underestimated the challenges of putting together long-gestation infrastructure projects. Whatever the criticism and the numerous projects that have fallen short of expectations, there is infrastructure being built that would never otherwise have been built.

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Business of climate change

Hong Kong firms must seize climate investment chances: environment secretary

The transition to net zero is ‘the single biggest investment opportunity out there’, says BlackRock executive, as government official calls on companies to step up investment in green finance, hydrogen, biofuels and low-carbon technology.

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Hong Kong Island is reflected in taped windows in Tsim Sha Tsui as super typhoon Saola hit the city on September 1, 2023. Photo: Yik Yeung-man
Belt and Road Initiative

Dubai and Hong Kong corridor to promote family offices, fintech, green finance

The governments of Dubai and Hong Kong have signed an agreement to establish an economic corridor in partnership between the two cities to promote cross border trading, family offices, fintech and green finance, according to a statement issued by the Middle East government on Thursday.

Belt and Road Initiative

Hong Kong funds must learn about Middle East practices before investing: panel

Hong Kong’s strong capital markets are attractive for Middle Eastern companies seeking to raise funds, but investor education is required for a better understanding of the Gulf region’s cultural and religious traditions, according to a panel discussion held on Thursday.

Belt and Road Initiative

Exclusive | Saudi investment promoter may open Greater Bay Area office to attract capital

Vision 2030 aims to diversify Saudi Arabia’s oil-dependent economy by injecting 27 trillion riyals through public spending and investments in dozens of programmes and projects over the next decade.

The 8th Belt and Road Summit in Hong Kong Convention and Exhibition Centre in Wan Chai on September 13, 2023. Photo: Sam Tsang
Belt and Road Initiative

Preparations for global mediation body in Hong Kong ‘to finish in 2 years’

Sun Jin, head of preparatory office of International Organisation for Mediation, says it met with officials, relevant countries within three months of opening.

The preparatory office of the International Organisation for Mediation was set up in Hong Kong in February. Photo: Jelly Tse
Hong Kong politics

Ding Xuexiang signals leading role in Communist Party’s Hong Kong affairs body

Ding delivers message at belt and road forum hosted by the city’s government, giving clearest indication yet he oversees leading group for Hong Kong and Macau.

Belt and Road Initiative

Hong Kong ‘has Beijing’s backing’ in bigger role under Belt and Road Initiative

Chinese Vice-Premier Ding Xuexiang’s address at summit in city marks clearest public confirmation of his top role in city affairs.

Chinese Vice-Premier Ding Xuexiang addresses the two-day Belt and Road Summit in Wan Chai in a pre-recorded message. Photo: Sam Tsang
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