Polar Silk route: China to extend OBOR to Arctic by developing ship lanes

China said it would encourage enterprises to build infrastructure and conduct commercial trial voyages

Xi Jinping
Chinese President Xi Jinping walks to the lectern to deliver his speech during the opening session of the 19th National Congress of the Communist Party of China at the Great Hall of the People in Beijing, China. (Photo: Reuters)
Reuters Beijing
Last Updated : Jan 26 2018 | 2:39 PM IST

China on Friday outlined its ambitions to extend President Xi Jinping's signature Belt and Road Initiative to the Arctic by developing shipping lanes opened up by global warming.

Releasing its first official Arctic policy white paper, China said it would encourage enterprises to build infrastructure and conduct commercial trial voyages, paving the way for Arctic shipping routes that would form a "Polar Silk Road".

"China hopes to work with all parties to build a 'Polar Silk Road' through developing the Arctic shipping routes," the paper, issued by the State Council Information Office, said.

China, despite being a non-Arctic state, is increasingly active in the polar region and became an observer member of the Arctic Council in 2013.

Among its increasing interests in the region is its major stake in Russia's Yamal liquefied natural gas project which is expected to supply China with four million tonnes of LNG a year, according to the state-run China Daily.

Shipping through the Northern Sea Route would shave almost 20 days off the regular time using the traditional route through the Suez Canal, the newspaper reported last month. COSCO Shipping has also previously sailed vessels through the Arctic's northeast passage.

China's increasing prominence in the region has prompted concerns from Arctic states over its long-term strategic objectives, including possible military deployment.

"Some people may have misgivings over our participation in the development of the Arctic, worried we may have other intentions, or that we may plunder resources or damage the environment," Vice-Foreign Minister Kong Xuanyou said at a briefing.

"I believe these kinds of concerns are absolutely unnecessary."

The white paper said China also eyes development of oil, gas, mineral resources and other non-fossil energies, fishing and tourism in the region. It said it would do so "jointly with Arctic States, while respecting traditions and cultures of the Arctic residents including the indigenous peoples and conserving natural environment".

China's Belt and Road initiative aims to connect China to Europe, the Middle East and beyond via massive infrastructure projects across dozens of countries, reflecting Xi's desire for China to take on a more prominent global leadership role.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 26 2018 | 2:30 PM IST

Next Story