3rd High-Level Belt and Road Forum takes place in Beijing

3rd High-Level Belt and Road Forum takes place in Beijing

Beijing, The Gulf Observer: The official opening ceremony of the 3rd High-Level Belt and Road Forum is taking place in Beijing. The solemn event is being held at the Great Hall of the People in the center of the Chinese capital, according to media reports.

The 3rd Belt and Road Forum is being held in the tenth year of the initiative put forward by Chinese President Xi Jinping.

The theme of the forum is “High-quality Belt and Road Cooperation: Together for Common Development and Prosperity.”

As the Chinese Foreign Ministry previously reported, representatives of more than 140 countries and 30 international organizations confirmed their participation in the forum. According to the organizers, more than 4,000 delegates are taking part in the large-scale event.

“The third BRF is expected to produce substantial outcomes, both in the forms of cooperation documents, initiatives and mechanisms, and in terms of projects, funds and measures. The total number of deliverables is likely to exceed those of the previous two forums,” Chinese Deputy Foreign Minister Ma Zhaoxu told Xinhua.

Ma said a Chair’s Statement will be issued at the BRF to capture the consensus reached by participants and lay out the future direction and key areas of high-quality Belt and Road cooperation. A List of Multilateral Cooperation Deliverables and a List of Practical Projects will also be released to present the outcomes reached under the framework of the three high-level forums and six thematic forums.

In 2013, China initiated the Silk Road Economic Belt and XXI Century Maritime Silk Road projects united in One Belt, One Road initiative. In ten years, more than 150 countries and 30 international organizations signed cooperation documents with China on implementation of this large-scale project.