Belt and Road construction brings benefits to participants

By MO JINGXI

China's Belt and Road construction has nothing to do with regional hegemony, Guo Weimin, spokesman for the second session of the 13th National Committee of the Chinese People's Political Consultative Conference said on Saturday.

It is also unreasonable to blame China for creating debt traps in other countries by promoting the Belt and Road, he said, adding that more than 100 countries and international organizations had expressed support and participated in the initiative by the end of last year.

Debts in developing countries have historical reasons and China's investment in these countries only accounts for a small portion of the debts, Guo said.

He also said that China's investment projects are mainly about infrastructure, which are beneficial for long-term development.

China is making more friends with the construction of the Belt and Road, and the country stands ready to work with related countries to bring our cooperation to a new level, he added.