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Peter Cai, Business Spectator’s China editor with Media Group of Australia

Updated: Apr 20,2015 3:34 PM     Xinhua

The China-proposed Belt and Road Initiative is vital to strengthening and consolidating economic cooperation within Asia.

China’s successful experiences in infrastructure development could be made use of by its neighboring countries.

President Xi Jinping upheld a regionalism featuring openness and inclusiveness, which is well evidenced by the China-led AIIB.