一带一路英文演讲

一带一路英文演讲第1页/共36页“OneBeltandOneRoad”“OneBeltandOneRoad"shortfor"SilkRoadEconomicBelt"and"21stCenturyMaritimeSilkRoad"

牛牛文库文档分享第2页/共36页Essence"OBOR"isnotanentityandthemechanism,itisaeconomiccooperationconcept,andbelongstothemultinationaleconomicbelt."OBOR"isadevelopmentstrategyandframeworkthatfocusesonconnectivityandcooperationamongcountriesprimarilyinEurasia,whichconsistsoftwomaincomponents,theland-based"SilkRoadEconomicBelt"(SREB)andoceangoing"MaritimeSilkRoad"(MSR).

"OBOR"aimsatborrowtheancientsymbol"silkroad",andcarrythebannerofpeacefuldevelopment,activelydevelopaneconomicpartnershipwithcountriesalongtheSilkRoadandregions,tobuildcommunityofinterest,fatecommunityandcommunityinresponsibilityofpoliticalmutualtrust,economicintegration,culturallytolerant

牛牛文库文档分享第3页/共36页Countriesandregionsalongthe“OneBelt,OneRoad”datasuchaspopulationandeconomicscale

牛牛文库文档分享第4页/共36页DevelopregionaleconomyAbsorbexcesscapacityReduceforeignexchangereserveWhydoChinawanttocarryout"OneBelt,OneRoad"?

Forthenation

牛牛文库文档分享第5页/共36页123DrivecapacityoutputbycapitaloutputStrengtheninternationalcooperationReversebalanceofpaymentssituationFortheword:

牛牛文库文档分享第6页/共36页InfrastructureNetworks

牛牛文库文档分享第7页/共36页SourcesoffundsAIIBisaproposedinternationalfinancialinstitutionwhichisfocusedonsupportinginfrastructureconstructionintheAsia-Pacificregion.SCODBismultilateraldevelopmentfinanceinstitution,anditexpandcooperationinthesettlementinlocalcurrenciesandpromotetheeconomyandtradecommunionofregionsbyjointcontributionandjointbenefitNewDevelopmentBankisaproposedinternationalfinancialinstitutionwhichisfocusedonsupportinginfrastructureconstructionofthese5BRICSandotherdevelopingcountries.SIFisastateownedinvestmentfundoftheChinesegovernmenttofosterincreasedinvestmentincountriesalongtheOneBelt,OneRoad,aneconomicdevelopmentinitiativeprimarilycoveringEurasia.

牛牛文库文档分享第8页/共36页ThefivemajorCo-operationpolicycoordinationunimpededtradefinancialintegration

facilitiesconnectivitypeople-to-peoplebonds

importantcontentpriorityareasimportantsupportingimportantguarantee

socialfoundation

牛牛文库文档分享第9页/共36页TheBack-upForceofOBOR123456landsilkroadmaritimeSilkRoad1.High-speeddiplomacy2.ShanghaiCooperationOrganizationDevelopmentBank3.SilkRoadfund4.AsianInfrastructureInvestmentBank(AIIB)5.Nucleardiplomacy6.BRICSBank

牛牛文库文档分享第10页/共36页OBOR“construction”RelationshipbetweenOBORandAIIBTheimplementationof"OneBeltandOneRoad"stratgyrequiresalargenumberofinvestmentfromfinancialinstitutions,includingAIIB.TheaidprogramofAIIB,whichtargetstheconstructionofinfrastructureinAsian-Pacificregion,overlapswithOBORstrategy.

牛牛文库文档分享第11页/共36页ISSUESOvercapacityProblemResourcesAquisitionNationalSecurityTradeInitiativeTransportationNetwork

牛牛文库文档分享第12页/共36页OvercapacityProblem

牛牛文库文档分享第13页/共36页OvercapacityProblem1.OBORopensupnewexportmarketstocompetewithAmericaandJapan.2.Ithelpsemergingmarketcountriesandlessdevelopedcountriesininfrastructureconstruction,usingthesufficientforeignexchangereservestosolvetheovercapacityproblem

牛牛文库文档分享第14页/共36页ResourcesAquisitionChina'soilandgasresourcesarehighlydependentonoverseasmineralresources.OBORwillbuildsomeeffectivechannelstogetresouces.Itcontributestotheresourcesdiversification.

牛牛文库文档分享第15页/共36页NationalSecurityTheindustryandinfrastructureofcoastalregion,westernareaandcentralareaneedtobeprotectedfromexternalconcealedthreats.OBORwillimprovethecapabilitytostrengthenthenationalsecurityatriskofconflict.

牛牛文库文档分享第16页/共36页TradeInitiativeOBORwillmakeChinahaveagreatersayinglobalmarketandregionaleconomy.

牛牛文库文档分享第17页/共36页TransportationNetworkWithbuildingatransportationnetworkintheneighboringarea,OBORwillpromotetheexporttradeandmobilizationofresouces.

牛牛文库文档分享第18页/共36页China'sRegionsinPursuingOpening-Up

牛牛文库文档分享第19页/共36页ChinainActionHigh-levelguidanceandfacilitation.Signingcooperationframework.Promotingprojectcooperation.Improvingpoliciesandmeasures.Boostingtheroleofcooperationplatforms.

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牛牛文库文档分享第21页/共36页Fund-June29th,2015.-57countries-Legalcapital:$100bn-Dec29th,2014.-Beijing,China.-Legalcapital:$40bn-Supportedbyfournationalorganization-July21st,2015.-Fivecountries-InShanghai,China.-Sep11th,2014.-Discussed.14thSummit-Notofficiallyfoundedyet.

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牛牛文库文档分享第25页/共36页57members$100billionChina(30.3%)1stKorea(3.8%)5th“tobuildbetterinfrastructureindevelopingcountries”-TheNetherlands,Germany,France,andothermanycountriesarefavorabletothefoundationofAIIBNewsArticles

牛牛文库文档分享第26页/共36页30.3%→26%ofvotes→75%→25%

牛牛文库文档分享第27页/共36页■1.Fourfinancialplatformswillsolveexistingmoneyproblem.2.Fourfinancialplatformswillpromoteeconomicdevelopmentofnumerouscountries.3.Asthefourplatformspursueopen-doorpolicy→enoughfinancialbackupforOBOR4.Fourfinancialplatformswillenablesustainableinvestment.5.Fourfinancialplatformswillenabledevelopingcountriestohaveloudervoice.■AIIB1.AIIBwillplaythemainrolein‘OneBeltOneRoad’project.SolveinequalityproblemamongnationsbyredistributingresourcesandbetterinvestmentconditionsParticipationofprivatecompaniesaredesperateaswell,butastheinvestmentvehiclesaredevelopingcountries,privatecompaniesmaynotbeattractedtoinvestmentproposals.Toaddresstheissue,AIIBshouldguaranteesafeinvestmentandminimizedloss.AssessmentofFinancialPlatform

牛牛文库文档分享第28页/共36页ToChina:

1.Todigestovercapacity:

China‘stotalcapacityutilizationdoesnotexceed65%,buttraditionalexportmarkethasopenedupinamorefull

byUnitedStatesandEurope.

Meanwhile,thecountriesalongtherouteofOneBeltOneRoadlacktheinfrastructure,whojustneedcost-effectiveChineseconstructionbusiness.

Chinaalsohastheexcessofforeignexchangeassets.Chinausesitshugeforeignexchangereservesaccumulatedasacapitaltoboostglobalgrowthandusesitsexportofcapitaltodigestitsexcesscapacity.

2.Torevitalizethestockoftheeconomy:

ThepromotionofOBORisconducivetotheexpansionofcross-borderuseofRMBintheperipheralregion,RMBpaymentsystemandtheutilizationofthehugeforeignexchangereserves.Aftertheabolishofgeographicrestrictions,ChinesedomesticenterprisesandcommercialbankscouldissueRMBbondsinoffshoretohelpthecirculationofRMBintheinternationalmarket.

3.TostrengthenNationalSecurity:

OBORcannotonlyhedgetheUS-ledTPP(Trans-Pacificrelationsagreement),TTIP(trans-Atlanticpartnerstonegotiate),whichattempttoisolate

China,butalsoprovidetheopportunityforChinatoparticipateinthedevelopmentofnewglobaltraderules.

ShanghaiFTAShanghaiFreeTradeZone-Internationaltransferport

China‘sindustrialandinfrastructureareconcentratedincoastalareas,andthereisagreatpotentialfortheirdevelopmentincentralandwesternregions.Significant

牛牛文库文档分享第29页/共36页TotheWorld:

1.Neweconomicgrowthstimulation:

The

global

economicrecoveryisslowdownandmonetarypolicyindevelopedeconomiestrendstodifferentiation.Economiesofmanycountriesfacedifficultiesandneedaneweconomicgrowthenginetodrivetheworldeconomy.

TheprojectionofOBORbenefitsChinaandmostcountries,becauseitseeksnewimpetustotheglobaleconomicrecoveryandmobilizesnewinvestmenttoachievethewin-winsituation.2.RegionalCollaboration:

OBORbreakstheoriginaldevelopmentmodelofspotandblockpatternsandextendsverticallyandhorizontally,connectingAsia-PacificEconomicCircleintheeasttheEuropeaneconomiczoneinthewest,consideredas"theworld'slongest,mostdevelopmentpotentialeconomiccorridor."

ThisstrategyhelpsthefurtherdeepenChina-ASEANcooperationandregionaleconomicintegration,buildingclosercommunity,andseekingthecoordinateddevelopment

inlinewiththestrategicinterestsofAsia-Pacific,Asia-Europeandmostmemberstates.Significant

牛牛文库文档分享第30页/共36页ChallengesOBORstrategyisaninevitableoutcomeofcurrentglobalstatus,anditalsofacesdifficulties.a.Specificdifficultiesduringtheimplementationofinvestmentprojects:1.Theenvironmentalimpactoflarge-scaleinvestment2.Changingrisksofforeignpolicy3.Breaking-inwithvariousforeigncountries’cultures,customs,eveninstitutionsb.Howtodealwithrelationsofbigpowers:theUnitedStates,Russia,Indiac.Howtodealwithrelationsofsmallcountries:

Scruples:NotThreaten-JointDevelopment

牛牛文库文档分享第31页/共36页HotDiscussion“NewNormal”TrapWorld:Since

SubprimeCrisis:

the8thyearofloweconomicgrowth,

lowinterestratesandexpandinggovernmentintervention

Keynesian

stimulus:

UnconventionalMonetaryPolicy(UMP):

(Liquidity

management:short-termnominalinterestrate-centralbank'sbalancesheetstructure,content)

ZeroInterestRatePolicy(ZIRP)

QuantitativeEasing(QE)

NewNormal:a‘TrapofDebtandMoney’

–

Financial

market

bubble

Soaringdebts-economicslowdownAstheNewNormalTrapdeepens,therecanbeadesperatecallforbreakthroughChinapresentsnewglobalfinancial&economicparadigm

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Ifbankloansstop,moneysupplyshrinksandcausesdeflation…whichmeanslessmoneytogoaro