1 MONGOLIA-UN JOINT STEERING COMMITTEE CONVENES WWW.MONTSAME.MN PUBLISHED:2019/06/26      2 CHINA BLOCKS ALL CANADIAN MEAT IMPORTS AS TRADE WAR WITH US HEATS UP WWW.RT.COM PUBLISHED:2019/06/26      3 HOW MONGOLIA LEVERAGES ITS NEUTRALITY TO INFLUENCE DIPLOMACY WITH NORTH KOREA WWW.NKNEWS.ORG PUBLISHED:2019/06/26      4 MONGOLIA PRODUCES 48% OF TOTAL RAW CASHMERE IN WORLD WWW.AKIPRESS.COM PUBLISHED:2019/06/26      5 MONGOLIA TOLD TO STRENGTHEN FINANCES WWW.PUBLICFINANCEINTERNATIONAL.ORG PUBLISHED:2019/06/26      6 FOREIGN TRADE TURNOVER INCREASES BY USD 514.5 MILLION WWW.MONTSAME.MN PUBLISHED:2019/06/26      7 REGISTERED UNEMPLOYED DECREASES BY 2.1 PERCENT WWW.MONTSAME.MN PUBLISHED:2019/06/26      8 CITIC OK’D TO COMPLETE C$612M INVESTMENT IN IVANHOE MINES WWW.MINING.COM PUBLISHED:2019/06/26      9 CONSTRUCTION OF TAVANTOLGOI POWER PLANT TO BEGIN IN 2020 WWW.ZGM.MN PUBLISHED:2019/06/25      10 ANOTHER SOLAR PARK GOES ONLINE IN MONGOLIA WWW.PV-MAGAZINE.COM  PUBLISHED:2019/06/25      “VIKING MINES” МОНГОЛ ДАХЬ ХӨРӨНГӨӨ ХУДАЛДАЖ ЧАДСАНГҮЙ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/06/26     АЛТНЫ СПОТ ХАНШ 1439 АМ.ДОЛЛАР ХҮРТЭЛ ӨСӨЖ,СҮҮЛИЙН 6 ЖИЛИЙН ДЭЭД ТҮВШИНД ХҮРЛЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/06/26     НИЙТ ӨРХИЙН 9.6 ХУВЬ НЬ 2.1 САЯАС ДЭЭШ ТӨГРӨГИЙН ОРЛОГОТОЙ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/06/26     МОНГОЛ УЛС 5G-Д БЭЛЭН БИШ WWW.ZGM.MN  НИЙТЭЛСЭН:2019/06/26     МОНГОЛ УЛС ОЛОН УЛСЫН ХҮҮХЭД, ЗАЛУУЧУУДЫН САНХҮҮГИЙН БАЙГУУЛЛАГЫН “ШИЛДЭГ ТҮНШЛЭЛ 2019” ШАГНАЛЫГ ХҮРТЛЭЭ WWW.IKON.MN  НИЙТЭЛСЭН:2019/06/26     НҮҮРС РҮҮ ТЭМҮҮЛЭХ МОНГОЛ БА НҮҮРСНЭЭС ЗУГАТААХ ДЭЛХИЙ WWW.IKON.MN  НИЙТЭЛСЭН:2019/06/26     2000 ГАРУЙ ХҮНС ҮЙЛДВЭРЛЭГЧ, 200 ХҮНСТЭЙ ХОЛБООТОЙ ТББ БАЙНА WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/06/26     “FACEBOOK” КРИПТОВАЛЮТ ГАРГАХ НЬ ДОЛЛАРЫН ХАНШИЙГ СУЛРУУЛАХ УУ WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/06/26     MGI: ДАТА СУУРЬТАЙ БИЗНЕСҮҮД ШИНЭ ХАРИЛЦАГЧ ТАТАХАД БУСАД БИЗНЕСЭЭС 23 ДАХИН АХИУ БОЛОМЖТОЙ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/06/25     АЛТНЫ ХАНШ 1400 АМ.ДОЛЛАР ДАВЛАА WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/06/25    

China’s new Silk Road ‘very important contribution’ to global economy, IMF says www.rt.com

The Belt and Road Initiative (BRI) has benefited the world in fostering infrastructure in low-income countries, Changyong Rhee, director of the International Monetary Fund’s (IMF) Asia and Pacific Department, has said.
He told Xinhua News the China-proposed trade route is a “very important contribution” to the global economy while promoting regional cooperation and connectivity in trade investment, human mobility and finance.

The official said: “The IMF is in very close collaboration with the Chinese authorities on sharing the best international practices, especially regarding fiscal sustainability and capacity building,” not only for Chinese officials, but also for officials from low-income countries that have joined in the BRI.

According to Rhee, the fund has opened the China-IMF Capacity Development Center in Beijing in order to provide personnel training, support institution building, and boost communication for countries along the Belt and Road.

China’s BRI megaproject (dubbed the new Silk Road) which was announced six years ago by President Xi Jinping covers 152 countries in Europe, Asia, the Middle East, Latin America, and Africa. It is expected to significantly boost global trade, and cut trading costs by half for the countries involved.

China’s contribution to the world’s economy will increase, according to Rhee, who noted the country is expected to account for more than 30 percent of global growth this year.

“We welcome the Chinese government’s recent announcement of a growth target in the form of a range, not a point target,” Rhee said. “I think that is quite consistent with the authorities’ emphasis on the quality of growth rather than just maintain high quantity growth.”

The IMF has projected that China’s economy will grow by 6.3 percent this year, higher than the previous forecast of 6.2 percent.



Published Date:2019-04-15