BEIJING, June 28 (Xinhua) — A “major-country diplomacy with Chinese characteristics” has taken shape since Xi Jinping became the top leader in late 2012.
Following are 26 key words or phrases that relate to this new style of diplomacy.
The Asian Infrastructure Investment Bank (AIIB), a new development bank proposed by China, started operation on Jan. 16, 2016.
The new global multilateral financial institution, to support infrastructure projects in Asia, was formally established in Beijing on Dec. 25, 2015. Headquartered in Beijing, it now has 57 founding members.
AIIB also means a great deal to the global economic governance system. It is a product of the evolving economic landscape, and will help make the global economic governance system more just, equitable and effective.
Belt and Road Initiative
The Belt and Road initiative, which comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road, was first promulgated by Xi in 2013, who envisioned a trade and infrastructure network that connects Asia with Europe and Africa along the ancient Silk Road routes. Over 70 countries and organizations have voiced support for and willingness to join the initiative.