Two Questions On The Twenty First-Century Maritime Silk Road

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To reply this question, China’s maritime power aspirations over power provide chain throughout the Indian Ocean area must be recognised. Since its opening up within the late 1970s, China has undergone very high energy consumption growth resulting from its explosive economic enlargement and industrialisation. As a consequence, China’s oil demand started to outstrip its home provide in the nineties. Subsequently, in September 2013, China overtook the United States because the world’s largest net importer of crude oil. Today the Indian Ocean and the South China Sea are major transit routes transporting oil and gas from the Middle East and Africa to China.

This was how the ancient maritime silk road regularly took shape. In keeping with Vision and Actions, Fujian issued an implementation plan in November 2015 with the intention to develop the province because the core area of 21st Century Maritime Silk Road. Fujian is a crucial province for China's economic cooperation with international international locations. Its commerce, investment and industries have seen sustained progress in recent years.

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