The Belt and Road Initiative (BRI) enters its second decade, poised to enhance its role as a catalyst for global development and integration.

Since its inception in 2013, the BRI has emerged as a widely welcomed international public good and cooperation platform grounded in the principles of consultation, joint contribution and shared benefits. It has significantly transformed global connectivity and economic cooperation, and continues to deliver substantial benefits across diverse fields such as infrastructure, trade and public welfare projects.

Tangible impact

Over the past decade, the BRI has produced a series of remarkable and tangible outcomes. In Latin America, Peru's Chancay Port, a green and smart port, is bridging continents by significantly reducing shipping time between Shanghai and Peru. In Asia, the China-Laos Railway has redefined regional travel, making cross-border trips from Kunming to Vientiane possible in a single day. In Africa, Chinese-built industrial parks are accelerating local manufacturing, driving economic growth, and empowering "Made in Africa."

In 2024 alone, BRI cooperation reached new heights. China signed numerous agreements with other participating countries, established over 30 multilateral cooperation platforms in fields such as energy and disaster reduction, and hosted major international events like the China International Import Expo.

Trade between China and other BRI countries surged, reaching 16.94 trillion RMB in the first 10 months of 2024, a 6.2 percent increase year on year. Infrastructure projects like the China-Europe freight train and the New International Land-Sea Trade Corridor further facilitated global logistics and connectivity.

The BRI benefits are not limited to large-scale projects. Many "small but beautiful" livelihood initiatives, such as clean water systems, solar power stations and agricultural technology transfers are directly improving the lives of millions, fostering local development, enhancing resilience, and building lasting connections among nations.

New decade of high-quality development

As the BRI embarks on its second decade, the focus has shifted to high-quality development. This involves a more balanced approach, as outlined in a recent symposium on Belt and Road construction.

There are three key priorities. "Hard connectivity" will be integrated with "soft connectivity." It means going beyond building physical infrastructure, the BRI will align with international standards and foster closer people-to-people ties.

It will also balance large-scale projects with livelihood improvements. Major infrastructure projects remain critical, but smaller, community-focused initiatives play an equally important role in enhancing people's well-being and fostering mutual understanding.

Besides, collaboration will be expanded in emerging fields, such as green development, digital technology and health. This will reflect the evolving needs of participating countries and align with global trends.

These priorities underscore the BRI's adaptability and relevance in addressing both traditional and modern challenges. They also highlight its potential to promote inclusive growth, sustainability and resilience.

Shared vision for future

By strengthening partnerships with other developing countries and exploring synergies with developed countries' initiatives, such as the EU's Global Gateway, the BRI has created new opportunities for global collaboration. These efforts contribute to achieving the United Nations Sustainable Development Goals and fostering a more interconnected and equitable world.

Ultimately, the BRI is more than a series of projects — it is a vision of shared prosperity and a testament to the power of international cooperation. As it evolves, the initiative holds the promise of building a "road of happiness" that transcends borders, cultures and economies, paving the way for a brighter and more inclusive future.