Silk Road Economic Belt

The Silk Road Economic Belt is a major global development initiative launched by China in 2013. It aims to enhance trade and economic collaboration across Asia, Europe, and beyond, reviving the historical Silk Road trade routes. The initiative focuses on building infrastructure, such as roads, railways, and ports, to facilitate the movement of goods and services. By improving connectivity among participating countries, it seeks to promote economic growth, improve regional cooperation, and create new markets for trade. Ultimately, the goal is to strengthen China's influence and foster mutual economic benefits across participating nations.