1 PRESIDENT BATTULGA'S VISIT IN INDIA WWW.REPUBLICWORLD.COM PUBLISHED:2019/09/20      2 ATAR-III ANNOUNCED: HARVESTING THE MONGOLIAN STEPPE WWW.NEWS.MN PUBLISHED:2019/09/20      3 MONGOLIA’S ECONOMY TO GROW 6.5% WWW.TRIBUNE.NET.PH PUBLISHED:2019/09/20      4 UN: MONGOLIA PAYS USD 645 MILLION ANNUALLY FOR AIR POLLUTION RELATED EXPENSES WWW.ZGM.MN PUBLISHED:2019/09/20      5 ERD COMMENCES SECOND PHASE OF KHUNDII GOLD PROJECT WWW.ZGM.MN  PUBLISHED:2019/09/20      6 ARD CREDIT SPENDS MNT 4.75 BILLION ON LENDING WWW.ZGM.MN PUBLISHED:2019/09/20      7 MONGOLIA KEEPS THE DIALOGUE GOING ON NORTH KOREA WWW.UPI.COM PUBLISHED:2019/09/19      8 CHINESE KEY RAIL PROJECTS TO BOOST REGIONAL SOCIOECONOMIC DEVELOPMENT WWW.CHINADAILY.COM.CN PUBLISHED:2019/09/19      9 ILLEGAL LICENSES OF ARTISANAL MINING TO BE REVOKED WWW.MONTSAME.MN PUBLISHED:2019/09/19      10 IMF: ‘AID FLOOD’ TO MONGOLIA TO END WWW.NEWS.MN PUBLISHED:2019/09/19      СТИВ ПОТТЕР : МОНГОЛ ДАХЬ ТАНСАГ ЗЭРЭГЛЭЛИЙН АВТОМАШИНЫ БОРЛУУЛАЛТ БУУРЧ, “AUDI”-ИЙН САЛБАР НЭГЖИЙН ҮЙЛ АЖИЛЛАГААГ ЗОГСООСОН WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/09/20     АХБ: 2026 ОН ГЭХЭД БИЧИГТ БООМТООР ДАМЖИХ ХУДАЛДААНЫ ЭРГЭЛТ 2 ДАХИН НЭМЭГДЭХ ТӨЛӨВТЭЙ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/09/20     ӨМНӨД ХӨРШ МОНГОЛЫН ХАМГИЙН ТОМ АЖИЛ ОЛГОГЧ БОЛОХОД ОЙРХОН БАЙНА WWW.ZGM.MN  НИЙТЭЛСЭН:2019/09/20     URBAN MINING БУЮУ ХОТЫН ХОГ ХАЯГДАЛ ҮНЭТЭЙ ТҮҮХИЙ ЭД БОЛОХ НЬ WWW.IKON.MN  НИЙТЭЛСЭН:2019/09/20     ДАЛАЙД ГАРЦГҮЙ ОРНООС ДАЛАЙД ГАРЦТАЙ БОЛОХ НЬ: НЭЭЛТТЭЙ АГААРЫН ЗАЙ, НЭЭЛТТЭЙ МОНГОЛ УЛС WWW.IKON.MN  НИЙТЭЛСЭН:2019/09/20     НӨАТ-ЫН СУГАЛААНЫ ТОХИРОЛ 22-НЫ НЯМ ГАРИГТ БОЛНО WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/09/20     МОНГОЛ УЛСЫН ИРГЭД 55 УЛСАД ВИЗГҮЙ ЗОРЧДОГ БОЛНО WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/09/20     ХОНОГТ 2.000 ТН САЙЖРУУЛСАН ШАХМАЛ ТҮЛШ ҮЙЛДВЭРЛЭЖ БАЙНА WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/09/20     UNDP:МОНГОЛ УЛСАД АГААРЫН БОХИРДОЛТОЙ ХОЛБООТОЙ ЭДИЙН ЗАСГИЙН ЗАРДАЛ ЖИЛД 645 САЯ АМ.ДОЛЛАР WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/09/19     ХУРДТАЙ АРГА ХЭМЖЭЭ АВАХГҮЙ БОЛ ХУВЬЦААНЫ ЗАХ ЗЭЭЛ ХӨЛДӨХ НЬ WWW.ZGM.MN НИЙТЭЛСЭН:2019/09/19    

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