He is a distinguished diplomat who has served in Japan, and worked for many years in the Asian Department of the Ministry of Foreign Affairs. South Korea's Foreign Ministry said on Friday that Kang and Wang would discuss bilateral and regional issues, including the Democratic People's Republic of Korea (DPRK) and the coronavirus pandemic, the ministry said in a statement. Wang … The meeting was chaired by the European Union (EU) High Representative for Foreign Affairs and Security Policy Josep Borrell. Having China and the US in a green race as a competitive arena to illustrate who is the better global citizen is a healthy rivalry to have. Chinese State Councilor and Foreign Minister Wang Yi had a phone conversation with Russian Foreign Minister Lavrov on the 22nd. Notes: China has exponentially increased its ODI investments in global healthcare, equity investments and licensing during 2020. They will contribute to vaccine accessibility and affordability in developing countries and deliver benefits to BRI partners. On December 21, 2020, State Councilor and Foreign Minister Wang Yi attended a video conference of foreign ministers on the Iranian nuclear issue. He is the first serving Foreign Minister to also be on the State Council. Chinese Foreign Minister Wang Yi (left) waves with Cambodian Prime Minister Hun Sen prior to a meeting in Phnom Penh on October 12, 2020. Credit: Associated Press/Heng Sinith Advertisement NEW DELHI: The low key Japan visit of Chinese foreign minister Wang Yi was marked by vociferous protests by representatives of the Mongolian, Tibetan and Uighur communities. Chinese Foreign Minister Wang Yi may visit Korea . Together, we have kept land, sea and air links open to facilitate the transportation of life-saving supplies and built a solid line of defense against the virus. Chinese State Councilor and Foreign Affairs Minister Wang Yi has reiterated his nation’s commitment to aid Africa’s development aspirations. In the message, Wang Yi … We will continue to work with others to enhance the cooperation frameworks of fast tracks and green lanes, strengthen land, sea and air multi-modal transport, and further enhance the efficiency and quality of key international corridors. International logistics is facing an imbalance in supply and demand. Earlier in the day, meanwhile, Wang met with his South Korean counterpart Kang Kyung Wha to discuss arrangements for Chinese President Xi Jinping's visit to South Korea, among other things. Chinese SOEs are increasingly taking minority equity positions in ODI deals, needing the research and technology, while in possession of a substantial global market. Chinese State Councilor and Foreign Affairs Minister Wang Yi has reiterated his nation’s commitment to aid Africa’s development aspirations. Notify me of follow-up comments by email. The high-quality development of the Chinese economy will provide stronger impetus and create broader space for high-quality Belt and Road cooperation.”. In Q3 alone it included 48 outbound investments in JV’s and drug research for a July-September total of US$2.503 billion, with an average investment size of US$52 million. For strategic advisory and business intelligence issues please contact the firm at silkroad@dezshira.com or visit www.dezshira.com, Previous Article « China’s Belt & Road And Beyond – December 21, 2020, Next Article China To Invest US$300 Million In Sri Lanka Based Export-Oriented Tyre Factory ». Guided by a deep understanding of the new development stage, China will apply the new development philosophy, and foster a new development paradigm with domestic circulation as the mainstay and domestic and international circulations reinforcing each other. He has been serving as Foreign Minister since March 2013. (Xinhua/Du Xiaoyi) TOKYO, Nov. 25 (Xinhua) -- Visiting Chinese State Councilor and Foreign Minister Wang Yi met with former Japanese Prime Minister Yasuo Fukuda here on Wednesday and both sides agreed on the importance to … For BRI partners, our immediate priority is to defeat the virus through solidarity and cooperation. The metro train in Lahore, a project under the China-Pakistan Economic Corridor, is now open to traffic. Foreign minister of China Wang Yi poses upon his arrival for a meeting with the President of the European Council at the EU headquarters, in Brussels, on December 17, 2019. The BRI is an initiative that is completely open and above board. Chinese State Counceller and Foreign Minister Wang Yi gave the opening speech at this year’s meeting of the Advisory Council of the Belt and Road Forum for International Cooperation (BRF), held virtually in Beijing on Friday (December 18). (Kyodo) ==Kyodo. Handling and processing China-Europe freight is a major opportunity for logistics businesses, and especially those processing digital data and intelligence across borders. Its stated aim is to build “a more open and efficient international cooperation platform; a closer, stronger partnership network; and to push for a more just, reasonable and balanced international governance system.”. “As we speak, world economic recovery is still facing many uncertainties. Chinese Foreign Minister Wang Yi will meet Japanese Prime Minister Yoshihide Suga, marking Beijing's first high-level contact with Japan's new leader. During his visit to Japan, Wang will hold talks with Motegi and meet with other Japanese politicians, said spokesperson Zhao Lijian. Chinese State Councilor and Foreign Minister Wang Yi sent a message of sympathies to Prime Minister and Minister for Foreign Affairs Josaia Voreqe Bainimarama over the casualties and severe loss of property caused by severe Tropical Cyclone Yasa. The government of Japanese Prime Minister Yoshihide Suga is giving careful consideration to the request after Wang's remark during his visit in late … In terms of unilateralism and protectionism, these are veiled criticisms of US Government policy, and especially the decision by the States to pull out of the CPTPP trade deal and raise tariffs on imported goods from China. businesses establish, maintain, This year, the value of its domestic retail market will surpass 6 trillion US dollars. Chinese Foreign Minister Wang Yi addressed the Asia Society on Dec. 18, marking the first comprehensive speech by a senior Chinese official on Sino-American relations since Joe … The BRI partners are actively developing Silk Road e-commerce, digital transport corridors, cross-border fiber optic cables for information transmission and the China-ASEAN Information Harbor. “Despite the impact of the pandemic this year, international cooperation on the Belt and Road Initiative (BRI) has continued to demonstrate strong resilience and vitality. In the coming decade, total import of goods into China is estimated to top 22 trillion US dollars. He was made a State Councilor (replacing Yang Jeichi who joined the Politburo) in March 2018. Otherwise, Wang is again critical of the US in the digital field, where China’s 5G technology has been banned from installations at the behest of the United States under the pretext of security issues. Chinese Foreign Minister reaffirms support for Africa’s development aspirations 3 min read. South Korean President Moon Jae-in meets with visiting Chinese State Councilor and Foreign Minister Wang Yi in Seoul, South Korea, Nov. 26, … Chinese State Counceller and Foreign Minister Wang Yi gave the opening speech at this year’s meeting of the Advisory Council of the Belt and Road Forum for International Cooperation (BRF), held virtually in Beijing on Friday (December 18). Wang Yi is a member of the 19th CPC Central Committee. Notes: Wang emphasizes the need for continuing development of green solutions, underlining China’s recent statements it intends to cease carbon emissions by 2060. Not long ago, we signed the Regional Comprehensive Economic Partnership and announced our readiness to favorably consider joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Chinese Foreign Minister Wang Yi wrapped up the first stop of his five-nation African tour following a full day of high-level meetings with Egyptian and Arab regional leaders. China is committed to environment-friendly development and is actively involved in international cooperation on climate change. Suga said on Friday that Japan aims to expand a major regional free trade pact called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Chinese State Councilor and Foreign Minister Wang Yi delivers an … A stream of new projects have been launched. Yet observing the new 2020 Foreign Investment Law and the previously announced “Dual Circulation Policy” the other side of the coin can be viewed: ODI is deliberately being decreased to allow China to transform itself into a consumer economy. To make the Belt and Road a model of cooperation, we need to promote openness and win-win cooperation. Wang said China will continue working with Africa and ensure that the existing partnership will lead to prosperity in the continent. A growing China will help drive global growth more strongly and make greater contributions to global economic recovery. “Progress has been made in projects such as the Jakarta-Bandung high speed railway, the China-Laos railway, and the Budapest-Belgrade railway. That is currently in contrast again with the United States, although President-elect Joe Biden has stated the US will rejoin the Paris Accord. (Xinhua/Du Xiaoyi) TOKYO, Nov. 25 (Xinhua) -- Visiting Chinese State Councilor and Foreign Minister Wang Yi met with former Japanese Prime Minister Yasuo Fukuda here on Wednesday and both sides agreed on the importance to … Stay Ahead of the curve in Emerging Asia. China has a population of 1.4 billion and a middle-income group exceeding 400 million. South Korean President Moon Jae-in meets with visiting Chinese State Councilor and Foreign Minister Wang Yi in Seoul, South Korea, Nov. 26, … Concerning the China-Europe Railway Express, freight volumes between China and Europe doubled in 2020, and although this was partially in response to the closing of air corridors, increased efficiency and costs will ensure these routes remain their vitality. Chinese Foreign Minister Wang Yi may visit Japan as early as next month for meetings with Prime Minister Yoshihide Suga and Wang’s counterpart … Chinese Foreign Minister Wang Yi lashed out at the US on Friday for its “completely unreasonable” demand to reimpose sanctions on Iran. The possible visit, which Seoul’s Ministry of Foreign Affairs said was still being negotiated, would be the first time Beijing’s top diplomat has visited Korea since Joe Biden beat incumbent President Donald Trump in the U.S. election earlier this month. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to email this to a friend (Opens in new window). Chinese State Councilor and Foreign Affairs Minister Wang Yi has reiterated his nation’s commitment to aid Africa’s development aspirations. Important progress has been made in phase III trials carried out by China’s vaccine companies and firms in BRI partner countries such as Russia, Egypt, Indonesia, Pakistan and the UAE. Live: Chinese State Councilor and Foreign Minister Wang Yi delivers an address. Updated : 2020-11-17 17:23. The recently concluded Fifth Plenum of the 19th CPC Central Committee adopted the Recommendations for Formulating the 14th Five-Year Plan for Economic and Social Development and the Long-Range Goals for 2035, unveiling a blueprint for the next stage of China’s development. Your email address will not be published. seven years in the making – soon, according to Chinese Foreign Minister Wang Yi, who met ambassadors from the 27 EU nations in Beijing on Monday. All this will catalyze the development of a green Silk Road.”. China is expected to become the only major economy to register positive growth this year. The penny may not have dropped in the West, but China is actively engaged in changing its economic and fiscal model to become a consumer based society. The firm has 28 offices throughout Asia, and assists foreign investors into the region. The momentum of steady recovery of the Chinese economy is good news for the world. Chinese State Councilor and Foreign Minister Wang Yi will visit Japan and South Korea from November 24 to 27 at the invitation of his Japanese counterpart Toshimitsu Motegi and South Korean counterpart Kang Kyung-wha, the Chinese Foreign Ministry said on Friday. Wang Yi is a member of the 19th CPC Central Committee. Vaccines are the focus of international cooperation for the next stage. The concern is that two differing technologies will widen the communication gap between East and West – co-incidentally just at the time that Asia as a whole overtook the West in terms of wealth. China has put forth the Global Initiative on Data Security designed to contribute to data security and development and cooperation of digital economy, and promote collective efforts toward a cyberspace featuring peace, security, openness and cooperation. Post was not sent - check your email addresses! Wang will be the highest-ranking official from Beijing to visit Japan since China's senior diplomat Yang Jiechi visited Tokyo in late February, and the second senior diplomat to travel to South Korea since the coronavirus emerged after Yang visited the southern port city of Busan in August. Chinese Foreign Minister Wang Yi Proposes Four Suggestions on Iranian Nuclear Issue. Chinese foreign minister Wang Yi due in South Korea amid talk about Xi visit China's State Councilor and Foreign Minister Wang Yi attends a joint news conference with his Japanese … China has established fast tracks with many countries, BRI partners in particular, and green lanes with interested parties to facilitate personnel flows and smooth delivery of goods.”. including the most recent legal, tax and accounting changes that affect your business. Media commentators speculate that with Yang Jeichi, Wang Qishan and Liu He, diplomacy is being given a … Wang Yi was speaking through his translator after a meeting with Foreign Affairs Minister Stephane Dion in Ottawa. We support Chinese and foreign companies in participating in cooperation projects in an open and transparent manner following market rules and the principle of fairness and sharing benefits and risks. China's Foreign Minister Wang Yi. China has joined the COVAX initiative led by the WHO. Multilateral platforms including the BRI International Coalition for Green Development, the BRI Green Investment Principles and the BRI Green Investment Fund are growing in depth and vitality. Over eight million pieces of emergency medical supplies have been delivered by the China-Europe Railway Express, and over 1,700 tons of medical supplies from China have been delivered around the world through the Silk Road in the Air. Chinese Foreign Minister Wang Yi (L) and his South Korean counterpart Kang Kyung Wha bump elbows in Seoul on Nov. 26, 2020, wearing face masks amid the coronavirus pandemic. It is a chorus by BRI partners, not a solo show by China. Chinese Foreign Minister Wang Yi (L) and his South Korean counterpart Kang Kyung Wha bump elbows in Seoul on Nov. 26, 2020, wearing face masks amid the coronavirus pandemic. China announced green standards for BRI projects would be implemented with immediate effect earlier this month. The joint statement issued at the High-level Video Conference on Belt and Road International Cooperation sent a strong message of collectively fighting the virus, strengthening connectivity and promoting economic recovery, and reaffirmed to the world the strong confidence in Belt and Road international cooperation. Yet no matter how the situation may evolve, the international community’s need for the Belt and Road remains unchanged; partners’ support for the Belt and Road remains unchanged; and China’s resolve to advance Belt and Road international cooperation remains unchanged.”. Although EU negotiators have been discussing with China improvements on the current status of EU-China trade, and have targeted access to Chinese markets as an area on concern, it is interesting to note that in fact, German FDI into China increased to US$37.8 billion in 2020, up from US$21.6 billion in 2019, proof if needed that China’s market liberalisation has succeeded. Unilateralism and protectionism have been on the rise. This has charted the course for Belt and Road international cooperation. In the message, Wang Yi expressed his sincere sympathies to the Fijian government and people on their sufferings, indicated confidence that … Despite the onslaught of COVID-19 this year, BRI partners have convened 30-plus international video conferences under a dozen or so BRI multilateral platforms to coordinate policies and advance practical cooperation on finance, taxation, energy, green development, anti-corruption and other areas. Now, more than ever, is the time to actively become engaged in selling products and services to China, and it is of profound importance for international companies to note that this is Chinese State Policy. Visiting Chinese State Councilor and Foreign Minister Wang Yi (R) meets with former Japanese Prime Minister Yasuo Fukuda in Tokyo, Japan, Nov. 25, 2020. 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