The Belt and Road Initiative (BRI) has yielded fruitful results over the past eight years since it was proposed. From 2013 to September 2021, the cumulative value of trade in goods between China and countries participating in the BRI amounted to $10.4 trillion.
China-Laos railway will bring new opportunities and provide huge momentum in strengthening Laos' economy, Valy Vetsaphong, vice president of the Lao National Chamber of Commerce and Industry and advisor to the Lao prime minister, has said.
As the world is grappling with climate change in consensus to move to green energy, China-Africa's renewable energy cooperation is bearing fruits. In various parts of Africa, China-Africa cooperation brings in clean electricity to boost power supply.