NEWS_UCLG-ASPAC Committee on the Belt and Road Local Cooperation

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Construction work

The BRI has brought new opportunities for future infrastructure cooperation in Asia.
Expanded visa-free policies demonstrate China's confidence, openness

Chinese and Singaporean citizens holding ordinary passports will be allowed to enter and stay in each other's countries visa-free for up to 30 days.
Xinjiang 2nd in terms of trade growth

Growth of Xinjiang's trade has been facilitated by the region's geography that offers certain strategic advantages. The region plays a crucial role in the Belt and Road Initiative, making it a key transit hub for trade between China and neighboring countries.
Chinese yuan incorporated in Bangladesh's RTGS system

The central Bank of Bangladesh has included the Chinese yuan in the country's credit transfer system Real-Time Gross Settlement (RTGS), a senior official said Friday.
China's top legislative body pledges further cooperation with Kazakh parliament

The National People's Congress (NPC), China's top legislative body, pledged further exchanges and cooperation with the Kazakh parliament as a senior Chinese legislator wrapped up a five-day visit to the country on Saturday.
China in World Press: BRI a blueprint in age of uncertainty and disruption -- FP

The Red Sea crisis proves that the BRI is a blueprint for what every nation needs in an age of uncertainty and disruption, according to Foreign Policy.
Wondrous Xinjiang: True, prosperous Xinjiang in eyes of foreigners

During his maiden visit to northwest China's Xinjiang Uygur Autonomous Region, Thai journalist Supachai Wuthichuwong was impressed by the local tasty food and diversified cultures.
A modern financial system set to fortify China's global competitiveness

Financial policy in China recently made waves as the People's Bank of China (PBC), the central bank, decided to cut the reserve requirement ratio (RRR) of all financial organizations by 50 basis points. This decision, effective on February 5, aims to release approximately one trillion yuan of long-term liquidity to bolster monetary market and economic growth.

Secretariat of UCLG-ASPAC Committee on the Belt and Road Local Cooperation
Floor 18, Building C, Civic Center, 18 East Jiefang Road, Jianggan District, Hangzhou
secretariat-brlc@hzfao.gov.cn
Zip code: 310026

工信部备案号：浙ICP备11041366号