MUNICH, Germany, February 14. China has the
“Belt and Road” initiative that facilitates the Silk Road, and we
will revitalize it, Wang Huiyao, founder and president of the
Center for China and Globalization and former state councilor of
the People’s Republic of China, said during a panel discussion in Munich on the topic “Open Corridor
Policy? Deepening Trans-Caspian Cooperation,” Trend reports.
He noted that China wants to help expand a new corridor and new
connections. Wang Huiyao said that the volume of shipments from
China to Europe has been increasing. “I think all these different
corridors should work together. China’s ‘Belt and Road’ project has
already been operating for 12 years. More than one trillion US
dollars have been invested in over 3,000 projects in various parts
of the world. Such an approach – to infrastructure,
people-to-people exchanges – is truly important for maintaining
prosperity, stability, and creating peace. I think it is very
beneficial for China to carry out all these major works. Azerbaijan
is an excellent country. I have been there many times. We have
always admired Azerbaijan’s ‘soft power’,” he said.