21st Century Maritime Silk Road
The 21st Century Maritime Silk Road is a key component of China's Belt and Road Initiative (BRI), aimed at enhancing global trade and economic cooperation. It focuses on developing sea routes that connect China to Southeast Asia, South Asia, Africa, and Europe, facilitating the movement of goods and services.
This initiative involves investments in port infrastructure, shipping, and logistics, promoting connectivity among participating countries. By strengthening maritime trade networks, the Maritime Silk Road seeks to boost economic growth and foster partnerships, benefiting both China and its trading partners along the route.