(Economic Observation) How to reshape the “Belt and Road” in the post-epidemic era?

  China News Service, Beijing, November 23 (Reporter Wang Qingkai) The "One Belt One Road" initiative proposed by China has gone through seven years, but due to the impact of the new crown pneumonia epidemic, some projects along the route have been affected.

  In the post-epidemic era, how do countries along the “Belt and Road” restart their projects and how to build a green, cooperative and sustainable “Belt and Road” has become the 17th Annual Global Conference of the International Financial Forum, “2020 Silk Road International Alliance Conference-Post-epidemic "One Belt, One Road" and its green development" sub-forum was a hot topic discussed by the guests.

  Han Seung-soo, Co-Chairman of the International Finance Forum and former Prime Minister of South Korea, stated at the forum that the “Belt and Road” initiative has become a model of globalization and interconnection over the past seven years. The movement of people and goods has created new employment opportunities, income, and Let the surroundings flourish.

  According to Arroyo, co-chairman of the Silk Road International Alliance and former president of the Philippines, China is the first country to recover from the new crown pneumonia epidemic. Countries along the “Belt and Road” can leverage China's economic recovery to quickly restore their own economic development.

  Arroyo believes that China and the "Belt and Road" countries have jointly carried out dozens of renewable projects.

These projects have played an active role in the sustainable development of the local area.

  However, it is undeniable that as the co-chair of the Silk Road International Alliance and former Prime Minister of New Zealand, Ms. Shipley, said, the economies and societies of many countries along the “Belt and Road” have been reshaped due to the epidemic, which will affect the “Belt and Road”. "Future development.

  Shipley said that China’s leadership in the “Belt and Road” initiative is very important to many economies.

"In the post-epidemic era, we need to deal with the economic impact brought about by the epidemic. The world, especially the economies along the'Belt and Road', need to coordinate a series of stimulus policies."

  "The'Belt and Road' may be reshaped due to the epidemic." Xia Le, academic committee member of the International Finance Forum and former chief economist of the Bank of Spain in Asia, said bluntly. Under the impact of the epidemic, the economic and trade exchanges between China and the "Belt and Road" partner countries have been affected. Serious impact.

The economies and societies of many countries along the “Belt and Road” will be reshaped due to this epidemic.

  The epidemic is an impact, but it is also a node and starting point.

Zhang Jian, executive director of the Institute of Climate Change and Sustainable Development of Tsinghua University, believes that after the epidemic, the “Belt and Road” should achieve higher-quality development.

While restarting economic and trade exchanges, active and firm climate actions should also be taken to build a green “Belt and Road”.

  Zhang Jian believes that climate action should be at the core of the "Belt and Road" economic recovery initiatives.

"The new crown epidemic is an urgent crisis we face, but climate change is a longer-term and deeper crisis facing mankind."

  Zhang Jian said that in order to achieve this goal, China must optimize its energy structure and strive to build a clean, low-carbon, safe and efficient energy system; build low-carbon infrastructure to avoid high-carbon lock-in; build a green and low-carbon transportation system; develop green finance and green Investment etc.

  "Green and sustainable development is one of the few areas with universal consensus in an increasingly complex and diverse world." Yu Lan, the host of this forum and director of the Economic Department of China News Agency, pointed out the importance and necessity of green development Undoubtedly, green is also an "expensive color." How to make green development more economically feasible is a key factor in promoting the green transformation of the "Belt and Road" from a general consensus to a positive action.

  According to Zhuang Juzhong, co-chief economist of the International Financial Forum and former deputy chief economist of the Asian Development Bank, countries along the “Belt and Road” must pay more attention to the development of a circular economy in order to achieve green transformation. "Governance" idea; to legislate on environmental protection, and to strengthen the effectiveness of environmental protection laws and regulations; at the same time, use market mechanisms to protect the environment, develop green finance, and make green investments.

  Perhaps the direction of reshaping the "Belt and Road" can be more glimpsed from investment.

As an important investment institution of the "Belt and Road", Wang Yanzhi, general manager of the Silk Road Fund, said that the fund will invest in the "Belt and Road" in four aspects in the next step.

  The first is to combine investment with local needs and the improvement of the people's livelihood economy; the second is to increase investment in new infrastructure and digital economy to improve the space and quality of the construction of interconnection; the third is to pay attention to the new development pattern of China's dual cycle Investment opportunities under the next; fourth, pay attention to investment opportunities in response to climate change and green and renewable energy.

  “The new crown virus is a short-term disaster for mankind, and the longer-term hidden danger for mankind is global warming caused by climate change.” In Han Shengzhu’s view, after the epidemic, the “Belt and Road” needs to broaden its horizons and focus on improving the ecology. Competitiveness, and take ecological sustainability and industrial competitiveness as the goal.

(Finish)