About Silk Road Financial Belt countries
On September 7th, 2013, the Silk Road Economic Belt was initiated that aims to connect Central Asian nations. The "Belt" route stretches towards the Baltic Sea region by way of Central Asia and Russia, for the Mediterranean Sea region via Central Asia and Western Asia, and towards the Indian Ocean location via southwest China. Get extra information about silkroad economic belt countries
I. Nations along the Silk Road Financial Belt
5 countries in Central Asia
Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, and Turkmenistan are just across the border from China. They are closely connected with China's economy.
6 nations in Middle-eastern:
Iran, Iraq, Jordan, Syria, Saudi Arabia, and Turkey mainly trade oil and gas. They look forward to creating other industries and agriculture by way of cooperation with China.
6 countries on the boundary between Europe and Central Asia:
Azerbaijan, Georgia, Armenia, Ukraine, Belarus, and Moldova are anticipated to achieve financial integration.
Russia is an significant part of the Silk Road Financial Belt. It includes a close partnership with Central Asian nations, the countries in the Caucasus region, and Western Asian nations.
When the difficulties in Afghanistan can be resolved peacefully, then the development of Afghanistan, Pakistan, and India will also be promoted by the Belt and Road Initiative.
II. Income with the Silk Road Economic Belt countries
The following table gives an overview of your nations with the Silk Road Financial Belt. The field income group is in line with the World Bank categorization.
Country: Belarus Area: Europe and Central Asia Income Group: Upper middle income
Nation: Kazakhstan Region: Europe and Central Asia Income Group: Upper middle income
Nation: Russia Area: Europe and Central Asia Income Group: Upper middle income
Nation: Turkey Region: Europe and Central Asia Income Group: Upper middle income
Country: Georgia Area: Europe and Central Asia Income Group: Lower middle income
Country: Fiji Region: East Asia and Pacific Income Group: Upper middle income
Country: Mongolia Area: East Asia and Pacific Income Group: Lower middle income
Nation: Pakistan Region: South Asia Income Group: Lower middle income
For far more data, you may stop by Xinhua Silk Road Database for BRI nation data.
III. Overview of your Silk Road Financial Belt nations
Xinhua Silk Road unveils reports on economic figures and details in the countries on the Silk Road Economic Belt.
Nation name
Republic on the Philippines
Capital city
Metro Manila
Region
299,700 square kilometers
Language
You can find about 70 languages in the Philippines. The national language is Tagalog-based Filipino. English would be the official language and is much more widespread in the nation. All Filipinos who've attended school can speak English.
Geography
The Philippines is positioned in southeast Asia. Bounded by the South China Sea on the west, the Philippine Sea around the east and also the Celebes Sea on the southwest, the Philippines shares maritime borders with China for the north, Japan towards the northeast, Palau towards the east, Indonesia towards the south, Malaysia and Brunei to the southwest, Vietnam to the west, and China towards the northwest. With a total location of 299,700 square kilometers, the nation consists of more than 7,000 islands, and also the coastline is about 18,533 kilometers long. The Philippines is located in the GMT 08:00 time zone. There isn't any time difference in between Philippines and Beijing plus the former doesn’t have daylight saving time.
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For additional details, you may log onto Xinhua Silk Road Database for detailed reports. (https://en.imsilkroad.com/login)
IV. Exports, imports, and FDI of selected nations along Silk Road Economic Belt
Even in accordance with the narrow-definition, nations along the Silk Road Financial Belt bear a substantial share of world international trade and cross-bordercapital flows. They accounts for 23.9 % of the world’s total exports of goods and services, 22.1 % of world’s imports of goods and services, and 25.7 percent of FDI inflows.
V. industrial structure of selected nations along Silk Road Financial Belt
Economies covered by the Silk Road Financial Belt also havea extremely complementary in industrial structureand resource endowment. There are actually economies in the very early stage of industrialization, like Tajikistan, Kyrgyzstan, Pakistan, and Afghanistan, in which agriculture accounts for over 20 % of their total GDP. You can find also common manufacturing economies like Germany and China. As for endowment, a lot of on the countries are wealthy in oil, gas, or mineral sources,even though some others have scarce supply of organic resources.
VI. The way to connect the countries in the Silk Road Economic Belt
The Silk Road Financial Belt is really a long-term vision for the infrastructural development, all through Eurasia in six corridors: from East Asia to Western Europe and South by means of Africa.Eurasian connectivity and financial cooperation span six "economic corridors" and connect countries along the silk roadEconomic Belt.
1. New Eurasian Land Bridge Economic Corridor
The New Eurasian Land Bridge (NELB) is an international passageway linking the Pacific along with the Atlantic. As distinct in the Siberian Landbridge, which goes from Russia's eastern port of Vladivostok through Siberia to Moscow and onward to West European nations, this "second" bridge goes from China's coastal cities of Lianyungang and Rizhao to Holland's Rotterdam and Belgium's Antwerp. The 10,800-kilometer-long rail link runs by means of Kazakhstan, Russia, Belarus, Poland and Germany, and serves greater than 30 nations and regions.
2. China-Mongolia-Russia Economic Corridor (CMREC)
The China-Mongolia-Russia Financial Corridor (CMREC) has two key traffic arteries: one extends from China's Beijing-Tianjin-Hebei area to Hohhot and on to Mongolia and Russia; the other extends from China's Dalian, Shenyang, Changchun, Harbin and Manzhouli to Russia's Chita.
Seven significant regions of cooperation are envisaged: transport infrastructure and connectivity; port building, and customs and border inspection and quarantine services; industrial capacity and investment; trade; cultural and people-to-people exchanges; environmental protection; and cooperation with adjacent regions. Transport is the main focus.
3. China-Central Asia-West Asia Financial Corridor (CCWAEC)
The China-Central Asia-West Asia Economic Corridor (CCWAEC) hyperlinks China along with the Arabian Peninsula. The vast region it covers frequently follows the trajectory of the ancient Silk Road.
The corridor starts from China's Xinjiang and traverses Central Asia prior to reaching the Persian Gulf, the Mediterranean Sea and also the Arabian Peninsula. It crosses five Central Asian nations (Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Turkmenistan) and 17 nations and regions in West Asia (such as Iran, Saudi Arab and Turkey).
4. China-Indochina Peninsula Financial Corridor (CICPEC)
The China-Indochina Peninsula Economic Corridor (CICPEC) extends from China's Pearl River Delta westward along the Nanchong-Guang'an Expressway and also the Nanning-Guangzhou High-speed Railway via Nanning and Pingxiang to Hanoi and Singapore.
This land bridge hyperlinks China using the Indochina Peninsula and crosses the heart of Vietnam, Laos, Cambodia, Thailand, Myanmar and Malaysia. It is actually expected to boost China's cooperation using the ASEAN countries.
5. Bangladesh-China-India-Myanmar Economic Corridor (BCIMEC)
The Bangladesh-China-India-Myanmar Economic Corridor (BCIMEC),with the objective of linking the two enormous markets of China and India and enhancing regional connectivity.
6. China-Pakistan Financial Corridor (CPEC)
China-Pakistan Financial Corridor, The 3,000-kilometer-long corridor starts from China's Kashgar and ends at Pakistan's Gwadar, and connects the Silk Road Financial Belt in the north and the 21st Century Maritime Silk Road within the south. It truly is a trade network of highways, railways, pipelines and optical cables, in addition to a flagship project below the Belt and Road Initiative.
CPEC won't only advantage China and Pakistan but will have good influence on Iran, Afghanistan, India, Central Asian Republic, and the region. The enhancement of geographical linkages getting enhanced road, rail and air transportation system with frequent and free exchanges of development and people to people contact, enhancing understanding by means of academic, cultural and regional information and culture, activity of larger volume of flow of trade and businesses, producing and moving energy to possess far more optimal businesses and enhancement of co-operation by win-win model will result in nicely connected, integrated region of shared destiny, harmony and development.
China-Pakistan Financial Corridor is journey towards economic regionalization inside the globalized world. It founded peace, development, and win-win model for all of them.
VII. Chinese provines and regions along the Silk Road Financial Belt
5 provinces and regions in northwestern China:
Shaanxi, Gansu, Qinghai, Ningxia Hui Autonomous Region, Xinjiang Uygur Autunomous Area
4 provinces and regions in southwestern China:
Chongqing Municipality, Sichuan, Yunnan, Guangxi Zhuang Autonomous Area
Shaanxi is situated at the geographical center of China. A one-day circular drive around Xi’an can cover a population of numerous hundred million. Shaanxi could be the key gateway to Northwestern China from central and eastern regions, and also the most important channel from Northern China to southwestern regions. It can be an important and convenient location connecting the economically created eastern area along with the resourceful western regions.
Because the starting point from the ancient Silk Road, Shaanxi province firmly understands the opportunity of constructing the modern version, is definitely an exemplary starting point for it and by exploiting its natural positive aspects is positioned to become the “one belt and one road” bridge tower.
Bordering central Asia and as a gateway to Eurasia, west China's Xinjiang Uygur Autonomous Region may be the core zone around the Silk Road Financial Belt.
Guangxi is definitely an important area for cooperation involving China and ASEAN because it connects the Silk Road Financial Belt and 21st Century Maritime Silk Road. Guangxi recently improved transportation to and from its ports by opening a railway that connects Yulin city with Tieshan Port also as connects the ports of Fangcheng, Beihai, Qinzhou and Tieshan to each other.
