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What tangible benefits has the Belt and Road brought to Europe?
China learned from Europe the idea of establishing a Eurasian free trade area and energy corridor from Lisbon to Vladivostok, and German Richthofen also put forward the concept of "Silk Road". As far as Europe is concerned, Europe has been linked with China through the Silk Road since ancient times. Now, inspired by China's "One Belt, One Road" initiative, the European Commission recently issued the policy document "Connecting Europe and Asia-EU Strategic Concept" on building infrastructure and strengthening connectivity between Asia and Europe. The British "Financial Times" and other media called it the European version of the "Belt and Road".

China proposed "One Belt, One Road" because China has become the largest trading partner of more than 30 countries in the world, a big investment country in the world and a great attraction of reform and opening up. In Europe, China has also become the largest trading partner of most countries, moving from trading partner to investment partner.

This proves that we are in a world of mutual learning and adjustment. The "Belt and Road" focuses on the interconnection between Europe and Asia and the interconnection between land and sea, which is a sublation of the globalization led by traditional neoliberalism. American strategist Connor proposed in his book SuperMap that the infrastructure investment in the next 40 years will exceed that in the past 4000 years! Traditional globalization-tariff concession can promote world economic growth by 5% at most, while new globalization-interconnection will promote world economic growth by 10- 15%. Therefore, the "Belt and Road" provides a stronger impetus for globalization and promotes the reform of traditional globalization in an open, balanced, inclusive and inclusive direction.

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Reply time: 2022-0 1-05. Please refer to the latest business changes announced by Ping An Bank in official website.