The Belt and Road Forum for International Cooperation in Beijing is held at a most critical and opportune time when a strong anti-globalization wave in the form of trade protectionism and populism has swept parts of the developed world and the future and destiny of economic globalization is called into question. Here I would like to discuss with you three points on the topic of “Belt and Road Initiative and a New Phase of Economic Globalization”.

China’s rise is bound to be peaceful. Economic globalization has made possible China’s peaceful rise. And the peaceful rise of China in turn has offered and will continue to offer the world opportunities and market for mutual benefit and win-win progress.