“Economic Research Institute” JCS,
Reinventing Bretton Woods Committee
- Against the background of growing processes of protectionism, China is rapidly promoting the strategy of economic belt around the countries of the Silk Road "One Belt One Road", able to bring annual trade between China and the countries of the Silk Road to $ 2.5 trillion (Xi Jinping's speech at the Boao forum in 2015).
- Countries around the Silk Road needs a single coordinated policy, they do not just have to be the transit for goods from China, but also needs to have a mutual cooperation agreement.
- Such an ambitious and coordinated plan will involve all stakeholders, to simplify trade barriers and agreements to increase the speed and quality of economic operations in the region, as well as ensure the smooth and secure movement of goods and services. The need to have all the pieces fitting and ensure sufficient quality and adequate standards of the different projects has led to calls for a formal mechanism which could for instance take the form of a Secretariat of the OBOR initiative. Such a mechanism would be a good way to engage a real dialogue involving all the actors and countries. This will go in the direction of a broader approach focused on increasing mutual understanding and trust and identifying ways to realize the potential of production complementarities.
Chair: Mattia Romani, Managing Director, Country and Sector Economics, EBRD
- Igor Crnadak, Minister of Foreign Affairs of Bosnia and Herzegovina
- Wencai Zhang, Vice President of the Asian Development Bank (ADB)
- Yvonne Choi, Commissioner for Belt and Road, Hong Kong
- Peter Frankopan, Senior Research Fellow at Worcester College, Oxford and Director of the Oxford Centre for Byzantine Research, Author “The Silk Roads: A New History of the World”
- David Daokui Li, Professor of Economics, Director of the Center for China in the World Economy
- Wang Wei, Director General, Institute of Market Economy, Development Research Center of the State Council of P.R. China (DRC)
- Xu Hongcai, Deputy chief economist of China Center for International Economic Exchanges (CCIEE)
- Evan Feigenbaum, Vice Chairman of the Paulson Institute, Former Deputy Assistant Secretary of State, U.S.
- Biliang Hu, Dean Emerging Markets Institute (EMI), Director The Belt and Road Institute (BRI), Beijing Normal University (BNU)