In the ever-evolving landscape of global trade and economic cooperation, business leader Felix Sutter, President of the Swiss-Chinese Chamber of Commerce (SCC), stands as a beacon of optimism for the 10th anniversary of China’s ambitious Belt and Road Initiative (BRI). Furthermore, Sutter’s insights shed light on the significance of this monumental project in revitalising ancient trade routes and fostering economic cooperation between nations.
The Revival of Ancient Trade Corridors
Felix Sutter, a staunch supporter of the BRI, applauds the initiative for its visionary approach. Launched in 2013, the BRI aimed to create trade and infrastructure networks mirroring the ancient Silk Road trade routes. Furthermore, it connects Asia with Europe and beyond. Sutter reflects on the profound nature of this project, stating, “It’s a commendable initiative. A decade ago, its inception marked a novel concept in the global arena. It effectively revived age-old trade corridors and routes that spanned centuries and millennia. The modernization of trade demanded a rekindling of these time-honored pathways.”
Inclusive Participation in Global Prosperity
Sutter emphasises ensuring that regional and non-Chinese companies actively participate in realising BRI projects. He asserts, “For a prosperous and unified global economy, we have to make sure that every country and everyone can contribute and participate in building this infrastructure in a relevant and cost-efficient manner.” In doing so, Sutter underlines the ethical business practices that drive sustainable economic development. The growth of China’s trade and investments along the Belt and Road has showcased the potential for ethical global cooperation.
In conclusion, as the 10th anniversary of the Belt and Road Initiative unfolds, business leader Felix Sutter’s optimism echoes the immense potential for clear business strategies, ethical businesses, and inclusive economic growth. The World Bank’s research report predicted that the BRI would boost trade, strengthen global trade, and improve global income. Sutter’s endorsement of the BRI highlights China’s strong economy and potential to foster a more ethical global business landscape.
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