China’s international influence has been improved with a series of proposals and plans in 2015.
Achievements were seen in the implementation of the One Belt One Road Initiative. China has signed Belt and Road cooperation agreements with more than 20 countries. With the global economy in the doldrums, the initiative has created new hope and new prospects for, and instilled dynamism in the Eurasian and global economy.
Meanwhile, the Asian Infrastructure Investment Bank officially opened this year. The AIIB has 57 prospective founding members with an authorized capital of U.S.$100 billion.
It focuses on the development of infrastructure, with the aim of enhancing Asia’s interconnectivity, and economic integration.