Vision China deepens discussion on BRI's high-quality development

Ladjevac delivered a speech on the mutually beneficial relationship between BRI and cooperation between China and Central and Eastern European Countries. "These frameworks will further enhance China-EU cooperation in a wide range of areas," she added.

The Serbian academic rejected what she called baseless accusations that BRI intends to undermine the global economic order. She stressed that BRI provides an opportunity to "offer some solutions for the world economy affected by current economic crisis".

Ladjevac was joined by speakers Hannah Ryder, Development Reimagined CEO and former United Nations Development Programme policy and partnerships head, and Andreas Pierotic, trade commissioner of Embassy of Chile in China.

They both provided insights into the BRI, ranging from mechanisms for third-party cooperation to Latin America's opportunities in the new form of global economy in the 21st century.

Ryder spoke highly of BRI's new move to encourage the third-party market cooperation, or trilateral cooperation, as the multilateral partnership mechanism is designed to "help countries take up better loans" and is "truly objective".

In addition, the trilateral cooperation scheme will have the prospect of driving a "sustainable industrialization and investment" program, according to Ryder, as it actively works with buyers as well as factories to shift global supply chains and attract investors that share this future, positive vision.

Pierotic explained why Chile, a Latin American country far away from China's ancient silk road, is embracing the BRI.