On May 18th, 2023, the China-Central Asia Summit (中国—中亚峰会) was held in Xi'an. President Xi Jinping made a speech on "the Belt and Road Initiative (倡议)". It has been 10 years since President Xi announced the initiative.
The great initiative has offered the chances to do business between countries. It helps products from other countries enter Chinese market. At the same time, all kinds of products made in China are sold to other countries, too. It leads to a win-win situation. Besides international trade, China has built plenty of high-speed railways for neighboring countries. The China-Laos Railway (中老铁路) is a typical project of the Belt and Road Initiative. It is more convenient to send products to Laos and visit Laos for the Chinese.
The Belt and Road Initiative is based on the ancient Silk Road. However, it is very different. It focuses on the Asian, European and African countries, and is also open to all the other countries. It's not only the name of trade roads but also a bridge of culture between China and many other countries. China also works more closely with the countries in languages, science and education. There is even a Silk Route Museum in Jiuquan, China. It has over 30,000 objects from all along the Silk Road.