‘For China, the BRI is a call for a world order centred on cooperation, commerce and common and mutual development’ Given its massive demographic and economic weight and coverage, the BRI is a transformative force capable of reshaping the current global order. BRI-connected countries contain about 60% of the world’s population and roughly one-third of the world’s gross domestic product (GDP) and trade, according to Chinese Government estimates. The BRI is set to be the world’s largest infrastructure and development project in human history. The longest of these freight routes, also the world’s longest, links the Chinese city of Yiwu – the world’s largest centre for small commodities – with Madrid, covering 13,500 kilometres.īeyond the China-Europe freight train, the BRI covers numerous other infrastructure projects with a targeted completion date of 2049. These trains have carried 41,008 trains between over 50 Chinese cities and 168 European cities via Central Asia by the middle of 2021. Since the initial China-Europe Freight Train line was rolled out in 2011, it has created a large number of new trade and production connections, as products can now move more swiftly and cost-effectively between many connected locations across Eurasia. Developments in the initiative include the building of ports, railroads, roads, airports and tunnels, and may require multi-trillion funding to construct these projects in many developing countries. The BRI geographically touches and extends to over 70 countries across Asia, Europe and Africa, with expanded cooperation with 70 other countries and 32 international agencies through a total of 206 agreements. The Chinese Government launched the initiative in 2013 with the aim of increasing cross-border trade, stimulating economic growth, and improving regional integration. This large global infrastructure-building initiative seeks to connect Asia with Africa and Europe via land and maritime networks. The BRI is the largest-scale instalment in China’s sustained infrastructure and economic boom from home to overseas. Most recently, he expanded on his work and investigated China’s changing relationship with and growing impact on the rest of the world, focusing on the BRI. Professor Xiangming Chen of Trinity College in Connecticut is an expert on urbanisation and globalisation, particularly within Asia.
China has the world’s fastest train, longest highways, tallest skyscrapers, largest hydropower plant, and a global satellite navigation system with the largest number of satellites. What is perhaps lesser known is that the People’s Republic of China has produced numerous world-leading infrastructure projects.
Many of our products such as clothes, electronics, and cosmetics have labels that read ‘made in China’. When we think of China, we often think of the factory of the world.
In this timely book, the author outlines a modern, fresh and factual account of an outward-looking China ushering in a new era of globalisation through a variety of widespread and far-reaching trans-boundary economic and infrastructure connectivities. Professor Xiangming Chen has released a policy expo-book (sponsored by the Regional Studies Association) that traces out the changing economic, social, and spatial fortunes of the regions connected to the initiative. The initiative is redefining globalisation, urbanisation, regionalism, and development. In 2013, the Chinese Government launched the Belt and Road Initiative (BRI), a massive global infrastructure-building initiative, to increase trade by connecting cities within and across continents.
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