Chinese President Xi Jinping makes opening address at Belt and Road forum

Chinese President Xi Jinping makes opening address at Belt and Road forum

BEIJING – The three-day Second Belt and Road Forum (BRF) for International Cooperation has started in Beijing, the Radio Pakistan reported.

In his keynote speech at the opening ceremony of the Forum, Chinese President Xi Jinping said that joint building of the Belt and Road has opened up new space for the world’s economic growth.

He said that the Belt and Road Initiative (BRI) has also created a new platform to boost international trade and investment, expand new practices to optimize global economic governance and make new contributions to improving the well-being of people of all countries.

Xi Jinping said that China will negotiate and sign high-standard free trade agreements with more countries.

He said China will also work with other parties to promote a coalition of sustainable cities and an international coalition for green development under the BRI.

Xi said that China will allow foreign investors to operate businesses in more sectors with controlling or full stake.