Home
In Pictures: China’s New Silk Road
Anthony Morse, host of The New Silk Road takes in the scenery at Yuxinou railway station.
XI'AN, China: The New Silk Road, also known as the “One Belt One Road Initiative” is China’s current foreign policy priority. Beijing has pledged to invest more than US$200 billion in Silk Road projects across the globe. This includes road, rails, oil and gas pipelines, ports and other infrastructure projects.
Countries like Russia, Hungary, Iran, and Pakistan have already signed up to this world changing plan. Singapore Prime Minister Lee Hsien Loong has also said that Singapore can leverage a revived Silk Road.
But the New Silk Road is not just about diplomacy and exercising global leadership. It is also China’s economic lifeline. As growth slows, this strategy will keep the economy humming along – particularly by jump-starting growth in underdeveloped western and central regions.
The ancient Silk Road stretched across the Gobi desert. This was the trade superhighway 2000 years ago. It was through this route that China exported silk and ceramics to Rome, and imported Islam from Persia and Buddhism from India.
Many traders and pilgrims died on the ancient Silk Road. The main mode of transportation at the time was camels.
Anthony Morse, host of The New Silk Road takes in the scenery at Yuxinou railway station. China’s modern day Silk Road is a network of railways connecting Beijing to Europe. From this station, cargo trains will speed through China to Kazakhstan, Russia, and Eastern Europe before arriving in Duisburg, Germany.
More than US$3 billion worth of goods was transported on the Yuxinou rail line last year. It takes 15 days to send the goods to Europe, half the time that ocean freight requires.
The rail line has led to spectacular economic growth for cities along the New Silk Road. One of the key exports is cars to markets in Russia and Central Asia. This is the Ford factory in Chongqing.
In 2014, 2.63 million cars were made in the city of Chongqing. The city produces close to half of the number of cars that Germany produces in a year. And it could not have been achieved without the New Silk Road providing the logistics support.
Ford, Volvo and Volkswagen all have car manufacturing plants in Chongqing. In the past, workers in inland cities like Chongqing had to migrate to coastal cities like Shanghai and Guangzhou to look for work. Now, the Silk Road plan has eased migration flows.
While the rest of the Chinese economy chugged along with a growth rate of about 7 per cent, Chongqing registered 10.7 per cent GDP growth in the first six months of 2015. That is the highest growth rate of all of China’s provinces. The city government says the New Silk Road is critical to economic growth here.
But China’s new silk road masterplan is not only about railways, industrial parks, and trade. It is also about what the Chinese government calls “people-to-people bonds”. The Chinese State Tourism office has declared 2015 as “The Year of Silk Road.” More than US$800 million will be spent on an international tourism promotion plan.
This is the Famen temple, a Buddhism tourism site along the ancient Silk Road that was recently built.
Millions of dollars has been spent on building new tourism sites along the New Silk Road. According to local Chinese officials, this temple houses the finger bone relics of Buddha. It was brought here to Xi’an from India 2000 years ago.
Xi’an was once the ancient capital of China 2000 years ago, when the old Silk Road was flourishing. Xi’an was the end point for traders and pilgrims from Persia, India and even Rome. It was the multicultural metropolis of its time, and one of the world’s most important cities. Today, it wants to be the cultural capital of the New Silk Road. They are staging many theatrical productions on the theme of the Silk Road.
For more on China’s soft power plan, tune in to The New Silk Road, Wednesday Oct 7, 8pm on Channel NewsAsia.
http://creditrating.einnews.com/article/289677593/cj9JsozYOMrKA0ak
Channel NewsAsia travels along the ancient and modern Silk Road, to uncover China’s world-changing plan.
- By Pearl Forss and Anthony Morse
- POSTED: 03 Oct 2015 11:14
- UPDATED: 03 Oct 2015 16:05
Anthony Morse, host of The New Silk Road takes in the scenery at Yuxinou railway station. XI'AN, China: The New Silk Road, also known as the “One Belt One Road Initiative” is China’s current foreign policy priority. Beijing has pledged to invest more than US$200 billion in Silk Road projects across the globe. This includes road, rails, oil and gas pipelines, ports and other infrastructure projects.
Countries like Russia, Hungary, Iran, and Pakistan have already signed up to this world changing plan. Singapore Prime Minister Lee Hsien Loong has also said that Singapore can leverage a revived Silk Road.
But the New Silk Road is not just about diplomacy and exercising global leadership. It is also China’s economic lifeline. As growth slows, this strategy will keep the economy humming along – particularly by jump-starting growth in underdeveloped western and central regions.
The ancient Silk Road stretched across the Gobi desert. This was the trade superhighway 2000 years ago. It was through this route that China exported silk and ceramics to Rome, and imported Islam from Persia and Buddhism from India.
Many traders and pilgrims died on the ancient Silk Road. The main mode of transportation at the time was camels.
Anthony Morse, host of The New Silk Road takes in the scenery at Yuxinou railway station. China’s modern day Silk Road is a network of railways connecting Beijing to Europe. From this station, cargo trains will speed through China to Kazakhstan, Russia, and Eastern Europe before arriving in Duisburg, Germany.
More than US$3 billion worth of goods was transported on the Yuxinou rail line last year. It takes 15 days to send the goods to Europe, half the time that ocean freight requires.
The rail line has led to spectacular economic growth for cities along the New Silk Road. One of the key exports is cars to markets in Russia and Central Asia. This is the Ford factory in Chongqing.
In 2014, 2.63 million cars were made in the city of Chongqing. The city produces close to half of the number of cars that Germany produces in a year. And it could not have been achieved without the New Silk Road providing the logistics support.
Ford, Volvo and Volkswagen all have car manufacturing plants in Chongqing. In the past, workers in inland cities like Chongqing had to migrate to coastal cities like Shanghai and Guangzhou to look for work. Now, the Silk Road plan has eased migration flows.
While the rest of the Chinese economy chugged along with a growth rate of about 7 per cent, Chongqing registered 10.7 per cent GDP growth in the first six months of 2015. That is the highest growth rate of all of China’s provinces. The city government says the New Silk Road is critical to economic growth here.
But China’s new silk road masterplan is not only about railways, industrial parks, and trade. It is also about what the Chinese government calls “people-to-people bonds”. The Chinese State Tourism office has declared 2015 as “The Year of Silk Road.” More than US$800 million will be spent on an international tourism promotion plan.
This is the Famen temple, a Buddhism tourism site along the ancient Silk Road that was recently built.
Millions of dollars has been spent on building new tourism sites along the New Silk Road. According to local Chinese officials, this temple houses the finger bone relics of Buddha. It was brought here to Xi’an from India 2000 years ago.
Xi’an was once the ancient capital of China 2000 years ago, when the old Silk Road was flourishing. Xi’an was the end point for traders and pilgrims from Persia, India and even Rome. It was the multicultural metropolis of its time, and one of the world’s most important cities. Today, it wants to be the cultural capital of the New Silk Road. They are staging many theatrical productions on the theme of the Silk Road.
For more on China’s soft power plan, tune in to The New Silk Road, Wednesday Oct 7, 8pm on Channel NewsAsia.
http://creditrating.einnews.com/article/289677593/cj9JsozYOMrKA0ak
» utube 7/25/24 MM&C Iraq Dinar Update - IQD Revaluation-Key Indicators - Deposit Insurance -Arbitra
» utube 7/23/24 MM&C Iraq Dinar-Prime Minister Advisors-Saleh-Al-Nusairi-Facts bringng facts-Reforms
» MMK&C 7/21/24 Government Advisor: Adopting auditing of foreign transfers contributes
» MM&C 7/21/24 Proposed measures to address the rise of the dollar
» Iraq ranks high in income inequality among citizens
» Within months.. Al-Imar: The amount of loans disbursed amounted to about 750 billion dinars
» Parliamentary Integrity confirms the start of opening the files of former officials
» Iraq and the German Development Bank sign an amendment to the loan agreement to finance a number of
» Regional oil...between export ban and smuggling suspicions
» Economist: Faw Port is an important step towards sustainable economic development and a major gatewa
» Parliamentary Investment "Mocks" Solution to Housing Crisis in Complexes: "Joke" and Government Must
» Multi-million dollar agreement to support Iraqi agriculture
» From Chaos to Law.. The Crowd Breathes with the First Reading of “Service and Retirement”
» Oil Minister inaugurates first phase of associated water injection project in Rumaila field
» Water Resources: The reality of desertification in Iraq is better than before
» Disappearance of 50,000 Pakistani tourists in Iraq.. Government position: We will start the investig
» Iraq reveals the value of its agricultural exports: 400 thousand tons in 6 months
» Electricity directs the rapid implementation of the solar power plant project in Khanaqin
» Worth $20 billion.. Iraq is second in trade exchanges with Iran
» (56) megawatt card.. Opening of the gas power plant in Majnoon field
» Parliamentary Committee: Amending this law will address many problems
» Iraq and the German Development Bank (KFW) sign an amendment to the loan agreement to finance a numb
» Finance discusses regulating the work of government banks with international auditing firm Ernst & Y
» The Prime Minister receives the approval of the coalition of companies that won the investment oppor
» US Ambassador: We helped Iraq with $3.6 billion in the displaced file
» In two stages.. The Minister of Oil inaugurates the associated water injection project in the Rumail
» Who manipulated the budget settings? Adding 15 trillion dinars for the benefit of the people or for
» Statement of the Iraqi Communist Workers’ Party on the “Personal Status Law Amendment” Project
» The American arm has become short.. Iraq will eradicate the “SDF” from Syria
» The idea of the “Sunni region” is maturing again.. The insistence of Western politicians collides
» Iraq takes its share of negative development and faces “electronic blackmail”
» Education in Iraq: Between the lack of schools and the delay in providing supplies
» Economist lays out solutions to get rid of the dollar’s dominance: moving towards a currency baske
» The Presidency of the Republic issues a special pardon for a bank manager accused of embezzlement
» The Ministry of Agriculture reveals the volume of its exported products in numbers
» Transport reveals its latest steps towards lifting the European ban on Iraqi Airways
» "Doors are closed" in Parliament.. Will political pressures result in the election of a new presiden
» Prime Minister's Advisor: Kirkuk government formation will be decided within 20 days
» US dollar exchange rate stability in Baghdad
» Reconstruction: New applications for Housing Fund loans will be opened when liquidity is available
» The US Federal Reserve adopts a new strategy towards Iraq.. The dollar is threatened with rising to
» First government comment on the leakage of 50 thousand Pakistanis in Iraq
» Parliamentary Integrity Committee announces keeping the session hosting the Minister of Water Resour
» Parliamentarian reveals the reason for the recent talk about the Sunni region
» Secrets of the Coordination Framework meeting with the Sunni forces.. Three proposals to resolve the
» Iraqis' spending on tourism is equivalent to the electricity budget.. What is the number of traveler
» "Two Papers of the Tashah in Parliament"... Warnings against implicating the legislative institution
» Turkish Minister reveals details about the security corridor in Iraq and the development road projec
» Does it stipulate the marriage of minors? What does the paragraph amending the Personal Status Law i
» One of the motives of the "salary scale".. Iraq is ranked 87th globally in "income inequality"
» "Vigilant Guardian"... Harmonious Supervisory Cooperation to Guarantee Citizens' Deposits in Iraqi B
» Saleh: The Central Bank's dollar reserves are solid and the GDP rate is very optimistic
» Economist accuses political parties of controlling the exchange rate on the black market
» Minister calls for establishing centers for Turkish commercial agencies inside Iraq
» 98% increase in foreign remittance sales at the Central Bank of Iraq auction
» Important meeting between Al-Sudani and the "Arabs of Kirkuk" to decide on the formation of the prov
» Housing projects in the Kurdistan Region are expensive internally and suitable externally
» Slight decline in the "green paper" in Baghdad stock exchanges
» OPEC: Iraq, Russia to compensate for surplus oil production
» Economist: The Iraqi banking sector has achieved significant growth
» Does integrity interfere with the work of institutions when they conduct investigations into suspici
» Parliamentary Finance: The Central Bank agrees to increase the capital of the Real Estate Bank to ex
» The region lags behind "electronic systems".. Transactions are still paper-based and the authenticit
» Media Authority: We are working on strategic agreements with global companies to bridge cybersecurit
» Al-Sudani stresses the importance of completing the formation of the Kirkuk government and reaching
» The region lags behind "electronic systems".. Transactions are still paper-based and the authenticit
» Iraq prepares to sign strategic agreements with global companies to bridge the digital divide in the
» Exporting (10) million liters of black oil daily.. Oil: Karbala has become an oil port that supplies
» Used as a gift and used for fraud.. The Central Bank warns against the circulation of commemorative
» Judge Faeq Zidane: International cooperation is important in the field of combating terrorism
» Al-Abbasi: Framing the relationship with Washington according to the Iraqi constitution
» Within 6 months.. The European ban on the green bird will be resolved
» Thwarting the smuggling of 21 million liters of petroleum derivatives
» Record
» Production of 24 thousand electric cars annually
» The second phase of the campaign (restricting weapons to the state) begins
» Inclusion of social protection beneficiaries in internal contracts
» The Prime Minister directs the rapid completion of Baghdad entrance projects
» Minister of Labor announces launch of health insurance service for social protection beneficiaries
» Via "Baghdad Today" .. Oil Minister announces increasing social benefits to 10 million dollars
» Joint Statement by the Iraqi and US Ministries of Defense
» Al-Sudani meets with a delegation from the American engineering consulting company KBR
» Kurdistan procrastinates to obtain the "lion's share".. Discontent over the delay in localizing empl
» Withdrawal is "Out of Reach"... Analysis of the Joint Iraqi-American Statement
» Al-Sudani stresses the importance of completing the formation of the Kirkuk government and reaching
» "Black Money" Fuels Investment Stock Exchange.. Countries That Prospered with Looted Iraqi Money
» Central Bank warns against circulation of $1 million commemorative notes
» Planning for “Al-Zawraa”: The five-year plan targets different sectors and does not include traditio
» “Unfair and deepens sectarianism”.. Why did the amendment to the Personal Status Law spark anger in
» Launching an electronic application for Iraqi retirees
» The crowd responds to Halbousi: A person convicted of forgery is not qualified to appoint himself as
» Al-Fayadh: We appreciate the Iraqi Parliament’s progress with the first reading of the service and r
» Nassif: The political process needs Al-Sadr and Al-Maliki to “rule” it
» Al-Mandlawi winks at Al-Halbousi: We reject insulting those who presented thousands of martyrs
» adhere to the rules of the Islamic religion and needs to be reformulated (tweet)
» Sarwa Abdul Wahid: The rivalry between Baghdad and Erbil is just "clacks"
» Parliamentary Finance: The Central Bank of Iraq’s measures to change the exchange rate did not achie
» Al-Sudani meets with Kirkuk Arabs to decide on the provincial government