21st Century Maritime Silk Road

Abstract

Against the background of bleak global economy, rising financial turmoil, and increasing economic integration, the increasingly high dependence between nations implies that cooperation is mutually beneficial while conflicts defeat both parties. However, the gaming between great powers has incurred geostrategic competitions which lead to unprecedentedly complicated and volatile international relations. The great achievement of China since its reform and opening-up proves that the development of China cannot be achieved without the world and the developing China cannot do without the neighboring countries. It is estimated that in the next 5 years, China will import commodities of 10 trillion USD; China's OFDI volume will reach 500 billion USD; and the scale of Chinese traveling abroad will reach 400 million persons/times. The more China develops, the more development opportunities it will present to Asia and the world.