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Over the past six years, total trade between China and other countries participating in the BRI has exceeded 6 trillion dollars, and China's investment in these countries has surpassed 80 billion dollars. Also, the latest studies by the World Bank and other international institutions show that BRI cooperation will cut the costs of global trade by 1.1 to 2.2 percent and contribute at least 0.1 percent of global growth in 2019.

Singaporean Prime Minister Lee Hsien Loong said in the letter that the successful development of the Suzhou Industrial Park reflected close cooperation between China and Singapore at all levels, and he hoped the park would continue to play a pioneering role in promoting bilateral cooperation.

During the discussion, foreign participants said advancing the joint building of the Belt and Road is one of the greatest initiatives for economic cooperation in today's world, and expressed willingness to align their respective countries' development strategies with the initiative.

Under the CPC's leadership and the guidance of the "Yan'an Spirit," Yan'an people have won a victory over poverty, and the then "cradle of revolution" is now turning into a "cradle of hope."

Citing the "co-movement" of the RMB with other currencies in the world, Schipke said the international monetary system might be moving away from the bipolar U.S. dollar and the euro blocs to a tripolar system. "That probably means that there will be additional demand for RMB bonds," he said.