On March 24, China Resources Group Chairman Fu Yuning attended the 2018 China Development Forum which was themed as “China in the New Era” and kicked off in Beijing and presided over the session on the “Belt and Road Initiative for A Community of Shared Future”. The Forum was hosted by the Development Research Center of the State Council.

The Forum was carried out in the form of Q&A and built around a number of issues including the impact and possibilities of the trade war initiated by the United States, world environment protection and sustainable development, how Hong Kong is expected to fit into the broad development plan of the country and its role in the “Belt and Road Initiative” and “building a community of shared future, how to achieve an all-win situation in local communities for Chinese companies after going out, as well as sustainable development in the implementation of the “Belt and Road Initiative”. Kevin M. Rudd, former Australian Prime Minister and senior researcher at Harvard Kennedy School, Vincent Lo, President of Hong Kong Trade Development Council (HKTDC) and Chairman of HKTDC’s “Belt and Road” Committee, Sun Yongcai, General Manager of China Railway Rolling Stock Corporation and Nicholas H. Stern, Professor with the London School of Economics and Political Science all contributed to the discussions.

The Forum guests reached consensus that the “Belt and Road Initiative” is a grand plan to deepen multilateral cooperation in the context of economic globalization and is of significant importance to the economic development of countries along the route. To achieve the goals of the “Belt and Road Initiative” and make it an important propeller in building of a community of shared future, China has to work hard to eliminate doubts and facilitate consensus through communications with countries concerned.