China supplies one-third of coronavirus vaccines in the world

China says it has so far provided nearly two billion doses of COVID-19 vaccine to more than 120 countries and international organizations.

That figure, according to Chinese Foreign Minister Wang Yi, represented one-third of all vaccines administered globally, excluding China.

Addressing a virtual meeting of the Belt and Road Forum Advisory Board for International Cooperation 2021, Yi said Chinese companies have worked with 19 developing country partners on joint vaccine production and developed an initial annual capacity of over one billion doses.

Earlier this year, China and 31 cooperation partners jointly launched the Belt and Road Partnership Initiative on COVID-19 vaccine cooperation.

The Initiative calls for closer cooperation in vaccine exports, assistance, joint production, technology transfer and other areas, in order to keep the pandemic at bay.

Yi said China will meet its commitments to deliver one billion more doses of COVID vaccines to Africa and 150 million more doses to ASEAN countries.

“With concrete practices on the ground, China’s promise to make vaccines a public good is becoming a reality,” he said.

“We will deepen cooperation with other developing countries on the joint production of vaccines for an early victory over COVID-19 and help bring life back to normal in countries at an early date. “

China’s Belt and Road Initiative (BRI, launched in 2013, is a coordinated plan to develop two new trade routes connecting China to the rest of the world.

The Initiative aims to connect Asia with Africa and Europe via land and sea networks with the aim of improving regional integration, increasing trade and stimulating economic growth.

The name was coined in 2013 by Chinese President Xi Jinping, who was inspired by the concept of the Silk Road established during the Han Dynasty 2,000 years ago – an ancient network of trade routes that connected China to the Mediterranean via Eurasia for centuries.

Mr. Yi said the BIS has become the world’s largest platform for international cooperation.

He said that in the first 10 months of this year, China’s investment in its cooperation partners increased by 14.6% and its trade by 23%.

“China has established e-commerce cooperation mechanisms with 22 countries, and its cross-border e-commerce trade in the first half of this year has grown by more than 20% year-on-year, expanding the prospects for cooperation on Silk. Road e-commerce, ”he said.

Mr Yi said last year’s experience has shown that the BRI’s cooperation has not been compromised by the COVID-19 pandemic, despite the major changes that have caused disease to economies.

However, he said there was a need to improve bilateral, trilateral and multilateral cooperation mechanisms to make the BRI global partnership network more solid, substantial and productive.

“Following the principles of openness, inclusion and transparency, China invites more countries and institutions to join tripartite or multi-party cooperation under the BRI,” Yi said.

He assured that China will continue to focus on economic growth, job creation, protection of livelihoods and poverty reduction, and deepen practical cooperation with partner countries in economic, trade, health, poverty reduction, education and agriculture.

“We will develop more cooperation projects that improve people’s lives, to bring more real gains to people in partner countries,” Yi said.

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