3rd BRI forum.

Underpinned by Chinese government's tenacious fiscal, financial and economic measures, Belt and Road Initiative (BRI) is the best development stimulus ever designed so far that has turbocharged global growth in ten years through infrastructural connectivity, high: tech technology, innovative advancements and top of them helped improved quality life of common man in the world by lifting up millions of people around the globe from poverty.

At the watershed moment when 3rd BRI forum is all set to be held from October 17: 18, BRI stands tall among other global mega projects as it stays sustainable, open, inclusive and beneficial to all segments of international community heralding in a categoric manner that BRI aims to construct a global community with shared future.

One of the reasons behind BRI's resilience and high: octane performance is that China's economy has successfully regained much of the lost post: pandemic momentum and grew by around 4.9 percent in the July: September quarter this year. Even if no more stimulus actions are asserted in the fourth quarter, the world's second largest economy is flexing its muscle to achieve the preset yearly target of 5.0 percent by the end of 2023.

From merely 2.2 percent growth in 2022 when the country was entangled in anti: pandemic control measures which slowed down the economy, the fourth quarter GDP growth is expected to reach 5.0: 5.2 percent, setting a strong basis for the economy's development in 2024.

In the past couple of months, the mainstream media in the US and the West have described BRI as debt trap and corrupt besides painting China's economic prospects dark, in their hope that China is going to be victim of the US: style financial: system meltdown and economic implosion in 2008 and 2009. But all such hopes are dashed down as China economy has been bouncing back. Recent evidence in which Chinese private economy boomed at Hangzhou Asian Games 2023 is enough to prove that Chinese economy is on upward trajectory. Asian Games set a new record in terms of both sponsorship income and the number of sponsors. It attracted sponsors from 176 companies across 118 categories, with a cumulative value of 4.42 billion yuan.

Along with immeasurable efforts invested by Chinese government to keep economy afloat, no doubt BRI has a significant role as well to keep economic targets in shape. Being a part of revitalising Chinese economy despite multiple headwinds, the BRI has facilitated the implementation...