BISHKEK, April 4– High-quality development within the Belt and Road Initiative is aimed at fostering a green, fair and open global economy, a Kyrgyz scholar has said.
“Currently, there are increasing calls for equal and fair access to international financial and trade instruments,” Sheradil Baktygulov, director of the Kyrgyz Institute of World Politics, told Xinhua in an interview, depicting the initiative as particularly attractive for developing countries.
He added that it enables countries in the Global South to realize their potential and pursue more ambitious development goals more effectively.
High-quality Belt and Road cooperation means improving both the scale and quality of cooperation among participating countries, said the expert.
The initiative “should be viewed as a valuable tool” for other countries, particularly developing nations, to achieve their development goals, he said.
China’s 15th Five-Year Plan clearly outlines the goals of expanding high-standard opening up and promoting high-quality Belt and Road cooperation, which Baktygulov said are complementary.
The expert highlighted the role of China’s five-year plans, describing them as a key component of the country’s strategic development planning and a fitting example for other nations drafting their own development strategies.
“China’s five-year plans allow the country to concentrate available resources to achieve rapid economic development,” Baktygulov noted, adding that setting goals for a reasonable timeframe, such as five years, makes it possible to adjust development strategies and achieve objectives efficiently.
“Most importantly, they are not created merely to reach a certain level of economic development, but to promote the joint development of individuals and society, so that people become more prosperous and the country becomes stronger,” he said.
“For many years, China has contributed approximately 30 percent of global GDP growth. This is a very serious and significant indicator,” Baktygulov said.
Against the backdrop of rising unilateralism and protectionism, China’s steady implementation of its development plans provides important clarity for global development, he said. (Namibia Daily News/Xinhua)
