Responsive image

World Premier of The Belt and Road Initiative: 2018 Report on Five Connectivity Indexes at Taihe Civilizations Forum

2019-01-11,

Fifth Anniversary of the Belt and Road Initiative: A Thorough Understanding Helps Push Forward Steadily

 "Five Connectivity Index" Research Group of Peking University 

On August 27, 2018, at the symposium marking the fifth anniversary of the Belt and Road Initiative, President Xi Jinping pointed out that as an international cooperation initiative attracting widespread attention, the Belt and Road Initiative has seen unexpected achievements in the past five years and has embarked on a new stage of steadily pushing forward. However, further efforts are needed to deepen and materialize Five Connectivity cooperation. As the basic cooperative framework of the Belt and Road Initiative, Five Connectivity refers to the practical cooperation between China and countries concerned in the following areas, namely, policy coordination, facilities connectivity, unimpeded trade, financial integration and people-to-people bond.

The "Five Connectivity Index" Research Group of Peking University releases The Belt and Road Initiative: Report on Five Connectivity Indexes every year in order to assess the development of the Belt and Road Initiative with quantitative data, to determine the development potential of the B&R Initiative with an comprehensive assessment report, to optimize the development direction of the B&R Initiative with concrete policy recommendations, and to provide an thorough understanding for those engaged in research, decision-making and execution of the Belt and Road Initiative.

Today, at Taihe Civilizations Forum, the "Five Connectivity Index" Research Group of Peking University makes the world premier ofThe Belt and Road Initiative: 2018 Report on Five Connectivity Indexes, which measures the overall level of development of 94 nations related to the Belt and Road Initiative in 2017. The findings are as follows. First, the overall linkage of Five Connectivity is conspicuous, reaching to the level of "Good Cooperation", which shows that generally the B&R Initiative construction is marching positively and that there is significant room for improvement. Second, the differentiation in the development of the Five Connectivity areas is significant, with the development of impeded trade ranking the first, the development of facilities connectivity the last, and the development of people-to-people bond, policy coordination and financial integration ranking in between. At the national level, the differentiation in the development of the Five Connectivity areas is also significant, and those nations show huge differences in Five Connectivity development. And third, the distribution chart of Five Connectivity level of those nations with China resembles the shape of a spindle, that is, the number of nations with extremely high and extremely low scores are small, and most nations are at a medium level. To be specific, a total of eleven nations reach the highest level of cooperation (i.e., smooth cooperation nations), namely, Russia, Singapore, Malaysia, Kazakhstan, Germany, Thailand, the United Kingdom, Mongolia, New Zealand, Australia and Indonesia. Russia, Singapore and Malaysia have been the top 3 for several years. With four nations included in smooth cooperation nations, Southeast Asia ranks the first in all regions in terms of smooth cooperation nations ratio. Developed nations of Europe and Oceania are marching fast in the ranking list. As the places of origination of the Belt and the Road respectively, Kazakhstan and Indonesia are performing stably. Some nations are making significant progress, which shows that the Belt and Road construction has really enhanced the inter-connectivity between China and related nations.

The Belt and Road Initiative: 2018 Report on Five Connectivity Indexes is a joint achievement by the "Five Connectivity Index" Research Group of Peking University and Taihe Institute, with third-party support from United Nations Industrial Development Organization International Solar Energy Center for Technology Promotion & Transfer. The leaders of the "Five Connectivity Index" Research Group of Peking University are Professor Wang Jimin and Professor Zhai Kun from Peking University, and the deputy leader is Doctor Chen Yiyuan from Peking University. Special thanks are given to Mr. Peng Binge from Taihe Institute and Ms. Lin Ziwei from United Nations Industrial Development Organization International Solar Energy Center for Technology Promotion & Transfer. The research group hope that, with the support of Taihe Institute, we can make the B&R Five Connectivity Indexes report into a more international, more professional and more dynamic public knowledge product which is authoritative and therefore can serve multiple stakeholders of the Belt and Road Initiative in a better way.

(Source: Fudan Institute)