Bulletin of Chinese Academy of Sciences (Chinese Version)


the Belt and Road Initiative; inclusive globalization; economic globalization; global economic governance; China

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The Belt and Road Initiative (BRI) is not only China's new action to drive its open and global development but also its potential contributions to the reform of global economic governance. The BRI's core theme is to deploy the Silk Road Spirit (SRS) to promote economic and social cooperation among countries along the ancient Silk Road while the SRS refers to the idea of pursuing "peaceful and cooperative, open and inclusive, learning from each other, and mutual beneficial and win-win situation", which has passed on generation by generation on the silk roads. As economic globalization is at a crossroad and needs a new philosophy to move on, the BRI is likely to offer a Chinese solution to the difficult situation of the world economy and the reform of global economic governance structure and, if so, it will lead the direction of globalization towards more inclusiveness. In such a sense, the BRI is a call for inclusive globalization as well as a new philosophy for the peace and development of the world in the 21st century.

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Bulletin of Chinese Academy of Sciences


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