For decades, China’s government has tried to limit the size of Beijing, the capital, through draconian residency permits. Now, the government has embarked on an ambitious plan to make Beijing the center of a new supercity of 130 million people.
The planned megalopolis, a metropolitan area that would be about six times the size of New York’s, is meant to revamp northern China’s economy and become a laboratory for modern urban growth. Continue reading
MOSCOW (Sputnik), Ekaterina Blinova — By involving India and Russia in its “One Belt, One Road” project, China has dealt a final blow to ambitious New Silk Road initiative, launched by the United States in 2011.
“Since China’s “One Belt and One Road” strategy, which refers to the Silk Road economic belt and the 21st century maritime Silk Road, was initiated at the end of 2013, significant progress has been made and increasing support has been garnered from the international community,” the Global Times, a Chinese English-language media outlet noted. Continue reading
China’s initiative to build the Silk Road economic belt and the 21st century maritime Silk Road has received interest from more than 50 countries, an official said Saturday. Continue reading
BEIJING, Sept. 8 (Xinhua) — Foreign experts spoke highly of Chinese President Xi Jinping’s speech on China’s foreign policy toward Central Asia, referring to the Silk Road economic belt he proposed as a grand cause benefiting regional countries.
Xi, currently in Kazakhstan for a state visit, proposed that China and Central Asia join hands to build a Silk Road economic belt to boost cooperation, in a speech delivered at Nazarbayev University on Saturday.
The Silk Road boasts a three-billion population and a market that is unparalleled both in scale and potential, said Xi, urging relevant parties to facilitate trade and investment and remove barriers. Continue reading