Silk Road initiatives enter new phase: think tank

China’s initiatives on building the Silk Road Economic Belt and the 21st Century Maritime Silk Road, popularly known as the Belt and Road Initiatives, have entered a more practical phase of fulfillment, a leading Chinese think tank has said.

Speaking at an international conference held recently in Istanbul, Turkey, Li Wei, president of China’s official think tank Development Research Center of the State Council, said the regional development initiatives brought up by China have evolved from a mere roadmap to cooperation at practical levels.

“The initiatives are evolving from proposals into actions, the blueprint is becoming reality and the effort of communication over the ideas is shifting to practical cooperation,” said Li. Continue reading