Development of “An economic belt of the Silk Road” is declared a priority of national policy of the People’s Republic of China. The projects realized within the concept of development of “An economic belt of the Silk way” will become priorities of national policy of China in the sphere of transport infrastructure. The Chinese news agency reports that it was declared by the Deputy Prime Minister of the State Council of the People’s Republic of China Zhang Gaoli.
China intends to revive the Great Silk Road of antiquity as the project of multilevel economic integration on Central Asian space. This initiative was put forward by the president of the People’s Republic of China Xi Jinping during his foreign visits in 2013.
To implement this project the Chinese government already allocated $40 billion for development of transport infrastructure and service. The project assumes construction of new roads and the railroads, and development of key seaports within the international transport corridors.