- By Wang Yanfei
The head of China's top economic regulator called on Sunday for more policy coordination tosupport the Belt and Road Initiative in order to cope with challenges brought on by a growinganti-globalization trend that may put obstacles in key areas of cooperation.
Economies related to the initiative need to strengthen policy coordination in order to seefurther progress in implementing the initiative, said He Lifeng, minister of the NationalDevelopment and Reform Commission.
President Xi Jinping proposed the idea to build the Silk Road Economic Belt and the 21st Century Maritime Silk Road in 2013.
"More progress can be achieved when all parties reach consensus to support and maintain anopen world economy," He said.
Efforts include establishing concrete plans to implement the initiative and building platforms tobridge companies and states, the minister said.
He made the comments during a session on connectivity of development policies andstrategies on the sidelines of the Belt and Road Forum for International Cooperation onSunday.
China signed 12 cooperation agreements under the framework of the initiative with othercountries including Singapore, Montenegro and Kyrgyzstan, as well as with internationalorganizations such as the World Economic Forum and agencies within the United Nations.
"We emphatically share the spirit of the initiative - peace and cooperation, openness andinclusiveness, mutual learning and mutual benefit," said Joan Clos, undersecretary-general ofthe UN.
"We hope to provide technical assistance and develop collaboration frameworks on thefinancing of sustainable urbanization, as part of efforts to achieve common goals shared bythe initiative and our agency."