China unveils vision and action plan for the BRI development in next decade

China's Office of the Leading Group for Promoting the Belt and Road Initiative (BRI) released the Vision and Actions for High-Quality Belt and Road Cooperation: Brighter Prospects for the Next Decade, in a bid to further promote the world stabilization and regional mutual development.

The action plan released on Friday eyes enhancing connectivity and cooperation in multiple sectors, elevating people's sense of gain and fulfilment, and forming a new system supporting China's open economy, under the premise of holding extensive consultation, joint contribution and shared benefit.

The action plan has six key fields and directions for the BRI development in the next decade, namely the policy coordination, infrastructure connectivity, unimpeded trade, financial integration, people-to-people ties, and cooperation in new fields.

The plan also listed several detailed pathways and measures. The office will build leading brands and a multidimensional connectivity network, strengthen risk control and security system, improve cooperation mechanisms, platforms and policy service, and deepen mutually beneficial cooperation for a shred future.

The office said all parties are equal participants, contributors and beneficiaries on the path of high-quality Belt and Road cooperation, noting that China is willing to work with all parties in boosting BRI cooperation at a higher level by sharing Chinese wisdom.