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BEIJING， Dec. 26 (Xinhua) -- With the current globalization mode being challenged by rising protectionism， China-proposed Belt and Road Initiative (B&R) provides insight into building a new mode that better suits world development， said Chinese experts here on Monday.
Though the progress of globalization may have been set back by surging isolationism and populist sentiments in the West， its general trend will not change， said scholars on international relations at a forum held by Xinhuanet， the website of Xinhua News Agency.
At present， it is impossible for any country to live in a closed system any more， said Wang Yiwei， director of the Center for International Studies at China's Renmin University.
The biggest obstacles to the current globalization mode stem from its institutional defects and its unadaptable governance structure， said Yang Xiyu， a researcher from the China Institute of International Studies.
"The world calls for a new mode of globalization，" Yang added.
Launched in 2013， the B&R is perceived as an efficient way for promoting a new mode.
Globalization at the regional level has gone smoothly under the B&R， said Ni Feng， deputy director of the Institute of American Studies at Chinese Academy of Social Sciences.
As a master plan， the B&R integrates 65 countries from East Asia to Western Europe with an aim to facilitate trade and achieve common prosperity within the areas.
In June， Renmin University published a report on the progress of the initiative， chronicling successes in transportation， pipelines and telecommunications infrastructure， trade expansions， as well as financial and cultural cooperation.
Acknowledging the success of the initiative， experts at the forum also pointed out challenges that may lie ahead.
For countries along the route， possible religious or ethnic conflicts， along with other problems in the legal， financial and environmental areas， may hinder the sound development of the initiative， said Guo Xiangang， a researcher from the China Institute of International Studies.
"China should improve risk assessment， reinforce enterprise-led management and encourage the market to play its role，" said Guo.
He also suggested China foster experts in relevant fields and train employees to respect local customs.
Related:
Commentary: Belt and Road Initiative focuses on regional public service， not geo-political tool
BEIJING， Dec. 21 (Xinhua) -- The Belt and Road Initiative proposed by China is a visionary cross-continental development and cooperation mechanism that focuses on providing regional public service， rather than a geo-political tool as some worry about.
The fast progress of the initiative， with over 70 countries and international organizations joining in the past three years， is a result that reflects the regions' desire for fair cooperation and falls in line with the rules of market economy.Full Story
Xinhua Insight: China's Belt and Road Initiative delivers promising initial results
BEIJING， Dec. 17 (Xinhua) -- After a little more than three years， China's Belt and Road Initiative， envisioned as an infrastructure and trade network connecting Asia with Europe and Africa along ancient trade routes， is delivering promising early results on trade and investment.
It's a win-win scenario given that China and countries along the routes have signed more than 40 cooperative agreements so far， covering more than 10 key industries including steel， electronics， automobiles and equipment-making， the Ministry of Commerce(MOC) said.
BEIJING， Dec. 3 (Xinhua) -- Writer Tie Ning was elected on Friday chairwoman of the China Federation of Literary and Art Circles (CFLAC)， replacing Sun Jiazheng.
Tie was also reelected chairwoman of the Chinese Writers Association (CWA) on Friday.
The 10th national congress of the CFLAC and the ninth national congress of the CWA wound up on Saturday.
Tie， 59， won a national acclaim in the 1980s for her prize-winning short story "Ah， Xiangxue" about the adventure of a country girl who yearns to know the outside world and gets on a train by mistake.
" A BMW 316i Sport Line sedan is pictured at the 16th Chengdu Motor Show Ecco Gtx Shoes Ireland , Aug 30, 2013. A BMW logo is pictured at the Jacob Javits Convention Center during the New York International Auto Show in New York April 16 Ecco Toe Tie Shoes Ireland , 2014.
Bayerische Motoren Werke AG has agreed to pay 5.1 billion yuan ($820 million) to its distributors in China to help cover their losses after retailers stopped ordering cars from the German auto manufacturer, a dealer's group said.
The subsidies are the largest by an automaker to its retailers in China and will be paid by the end of February www.eccoshoesirelandsale.com , said Song Tao, a deputy secretary-general of the China Automobile Dealers Association cheap Ecco shoes ireland , which represented the BMW distributors in the negotiations. The dealers are still in talks with the Munich-based carmaker over this year's sales targets, he said.
Auto dealers have complained of meeting unrealistic sales projections in order to qualify for year-end bonuses as foreign automakers expand their manufacturing capacity and number of distributors to chase market share.
The BMW payout may increase pressure on other automakers to extend similar support to their retailers Ecco shoes ireland online , including Toyota Motor Corp, whose dealers are threatening to quit the sales network of its Chinese ventures because of mounting losses.
""This is an unusual move by an automaker to give funding of such a big scale Ecco shoes ireland sale ,"" said Han Weiqi, an analyst with CSC International Holdings Ltd. ""But in the long term Ecco shoes ireland , a smooth relationship with dealers is in carmakers' best interests and they have to meet dealers half way.""
BMW shares fell as much as 2.8 percent to 85.56 euros ($101. and were down 2.1 percent in Frankfurt tradin. |
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