Michael Schumann, chairman of the Board of the German Federal Association for Economic Development and Foreign Trade (BWA), has praised China’s Belt and Road Initiative (BRI) as a significant boon to global development. Speaking at a recent international forum, Schumann highlighted how the initiative has fostered economic growth and strengthened trade ties across Asia and beyond.
Schumann emphasized the BRI’s role in building infrastructure, enhancing connectivity, and creating new opportunities for businesses worldwide. He noted that German companies, in particular, have benefited from increased access to emerging markets and collaborative projects initiated under the BRI framework.
“The Belt and Road Initiative has been a blessing to the world,” Schumann stated. “It has not only bridged distances but also brought nations closer through shared economic goals and mutual prosperity.”
The BRI, proposed by China in 2013, aims to develop a modern Silk Road, linking Asia with Africa and Europe through land and maritime networks. It seeks to enhance regional integration, increase trade, and stimulate economic growth.
Schumann’s support underscores the growing recognition of the BRI’s impact on global trade and economic cooperation. His remarks reflect a broader sentiment among business professionals and investors who see the initiative as a catalyst for new opportunities and partnerships.
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German businessperson: Belt and Road has been a blessing to the world
cgtn.com
