China’s Belt and Road Initiative turns 10. Here’s what to know
2023年11月20日 · China officially announced the Belt and Road Initiative (BRI) in 2013. The massive infrastructure project aims to connect multiple continents across land and sea. So far, over 200 BRI cooperation agreements have been signed with more than 150 countries and 30 international organizations.
The world is facing a $15 trillion infrastructure gap by 2040. Here's ...
2019年4月11日 · Private investment is a well-trodden path for financing infrastructure development. With government funds increasingly squeezed to pay for things like healthcare, education and pension obligations, turning to the private sector to fund some infrastructure projects will be essential, now more than ever.
China's approach to data and AI is changing. Here's how | World ...
2024年1月11日 · China’s data focus was already triggered by AI years ago. In 2015, China launched the “Internet Plus” strategy, with the goal of integrating the internet with other industries, like finance, healthcare and transportation. The strategy aimed to promote innovation, efficiency and competitiveness and has proven extremely successful.
China’s $900 billion New Silk Road. What you need to know
2017年6月26日 · The Asian Infrastructure Investment Bank, which was launched in January 2016, has authorized capital of $100 billion. $20 billion will be paid-in capital from 80 shareholders, of which China is the largest with a 28% share.
Why China is making innovation the new engine of growth
2024年6月28日 · From 2018 to 2023, China's research and development expenditure increased by nearly 70 percent, making a global impact by continuously advancing cutting-edge technologies. Last year, for instance, China applied for 921,000 patents, up 15.3% year-on-year. In fact, China has the largest number of valid domestic patents in the world.
Why is China setting up its infrastructure bank?
2013年11月20日 · The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests.
Will China’s infrastructure bank work? | World Economic Forum
With China’s growing importance in the world order, it needs to be given space to forge its own approach to global economic leadership. Frankly, a relatively small infrastructure bank seems as good a place as any to start. Besides, China is already pouring money into the developing world, often through highly opaque channels.
How energy infrastructure is shaping geopolitics in East Asia
2018年11月2日 · The prime example of a cross-border energy infrastructure project being used to advance geopolitical objectives is China’s Belt and Road Initiative (BRI), launched by President Xi Jinping in 2013. It aims to connect Asia, Europe and Africa through trade and infrastructure routes and covers more than 65 countries with a combined population of ...
China by numbers: 10 facts to help you understand the …
2019年6月24日 · China featured at number 28 in the World Economic Forum’s Global Competitiveness Index scoring highly on investment in research and development, infrastructure and IT adoption. China’s innovation score is among the highest in the world, lagging only Germany, the US and Switzerland.
Understanding evolving China-Africa economic relations
2024年6月25日 · At the same time, China has also emerged as the largest bilateral creditor to Africa, providing African countries with a new source of infrastructure, mining and energy financing. China’s share of total sub-Saharan African external public debt was less than 2% before 2005 but grew to about 17%, or $134 billion, by 2021.