China Daily:

I have a question for Mr. Zhang Jun. You mentioned that China is promoting the construction of the "Belt and Road" with a high quality approach. Some people may not understand it, or have some doubts; what is "high quality"? Can you please explain how "high quality" is reflected in the Belt and Road cooperation projects?

Zhang Jun:

I think that this issue should be viewed comprehensively. In other words, you should go beyond the quality of a particular project. I think the high quality and high standards of the Belt and Road should be demonstrated at least in the following aspects:

First, high quality drives the growth of the world economy. The world economy is facing the problem of insufficient growth momentum. Infrastructure construction is also a bottleneck problem facing the development of various countries. We are promoting the Belt and Road Initiative, in order to further improve and perfect the global supply chain, value chain and industrial chain by strengthening connectivity and interconnection among countries, so that countries in disadvantaged positions can better participate in the world's division of labor, and will benefit more from the global value chain, thereby create greater impetus for their own development and create greater impetus for world economic growth. This is actually what we often say about building an open world economy and promoting the building of a community of shared future for mankind. Is this a high standard of quality? Of course, it is so high. It is in stark contrast to the unilateralism and protectionism pursued by some countries.

Second, the high quality of the "Belt and Road" is reflected in the high quality of addressing the issues for global development. Nowadays, the world faces a problem of imbalance. We call it a development deficit and development imbalance. How to solve these problems? We adhere to the people-centered development concept for 'domestically. In the process of building the "Belt and Road", we still place the people as the center of cooperation, and we strive to improve the conditions for economic and social development through the joint contribution of the "Belt and Road," and improve people's livelihood, enhance people's welfare. We have signed a "Belt and Road" cooperation agreements with relevant UN agencies, that is, through cooperation with the United Nations, we will better align the Belt and Road Initiative with the UN 2030 Agenda for Sustainable Development and push forward the re-balancing of globalization, so that everyone can benefit from a more inclusive, balanced, universally beneficial, and win-win globalization process. This is surely high quality and high standards.

Third, to build the Belt and Road with high quality and standards, we also call for participants to abide by the laws of different countries, international rules and standards and market rules. President Xi has repeatedly stressed the building of a green Silk Road with high ethical standards. We pursue green, environmental-friendly and fiscally-sustainable development in building the Belt and Road. Through cooperation with the UN Environment, we founded the International Coalition for Green Development on the Belt and Road. We have also worked with some countries to formulate the Guiding Principles on Financing the Development of the Belt and Road. All of these provide important support for building the Belt and Road with high quality and standards.

Fourth, to build the Belt and Road with high quality and standards, we also uphold the guiding principle of seeking shared benefits through extensive consultation and joint contribution, though some countries have backed down from multilateralism. Under the guiding principle, different countries can participate in the process of building the Belt and Road and benefit from it, which is a quite advanced concept of high standards. To improve the institutional safeguards for the Belt and Road Initiative, we are working on building the Advisory Council for the Belt and Road Forum for International Cooperation. We will invite international luminaries to join the council and advise us on the initiative. Yesterday, as another sign of pursuing high quality and standards, we set up the International Commercial Expert Committee in a bid to provide legal support for building the Belt and Road.

Of course, our pursuit of high quality and standards in building the Belt and Road is also demonstrated in the building of high quality infrastructure. However, we deem it necessary to make it clear that many of the countries involved in the initiative are developing countries, which means that high-quality and high-standard construction must be in accordance with the basic national conditions and laws of these countries. So, high quality must be achieved at a reasonable price, and should be inclusive, feasible and beneficial to all. It is necessary to keep the balance between high quality and practical use. We hope that the building of the Belt and Road can be both high-standard and practical.