China wants to revive 'Southern Silk Road' with India

Image
Press Trust of India Beijing
Last Updated : Jun 09 2013 | 4:00 PM IST
China is looking to revive the ancient "Southern Silk Road" with South Asia through the economic corridor linking Bangladesh, China, India, and Myanmar (BCIM), a topic that figured prominently during Chinese Premier Li Keqiang's recent India visit.
As it opened its first South Asia Expo currently being held in Kunming, provincial capital of Yunnan, China wants it to be the "bridge head" with India and South Asia, Chinese officials said.
China is ready for the revival of the "Southern Silk Road" and plans are under discussion, state-run Xinhua news agency quoted Yang Ye, a researcher with the Development Research Centre of Yunnan provincial government, as saying.
Chinese scholars say the ancient silk route, originating from China's Chengdu city wandered through Myanmar and then extended to India, Bangladesh and even the Middle East.
Besides the 16 existing international transport lines linking Yunnan and some Great Mekong Sub-regional countries, seven trunk roads originating from Yunnan extending to neighbouring nations and provinces have been promoted as high-grade highways, the report said.
These include China-Vietnam Highway, China-Laos-Thailand Highway, China-Myanmar Highway, and a domestic section of China-India Highway.
With joint efforts by China, India, Myanmar and Bangladesh, a highway route starting from Yunnan to India by way of Myanmar have been approved by relevant departments of the four countries, Yang said.
Experts from the four countries launched a field inspection along the route in February 2012.
The first auto race along the 2,800-km route was successfully held from late February to early March this year.
The BCIM economic corridor figured prominently in Li's last month's talks with Prime Minister Manmohan Singh.
The joint statement issued at the end of his visit said "encouraged by the successful BCIM Car Rally of February 2013 between Kolkata and Kunming, the two sides agreed to consult the other parties with a view to establishing a Joint Study Group on strengthening connectivity in the BCIM region for closer economic, trade, and people-to-people linkages and to initiating the development of a BCIM Economic Corridor".
Though the route of the new "Southern Silk Road" has yet to be determined, the success of the race across the four countries indicated that it is possible to build a transport passage along the route, Yang said.
The route is expected to serve as an inland bridge linking South Asian countries and central, eastern coastal areas of China, so as to promote the development of western regions of China and boost the common prosperity of the nations along the route, he said.
An Indian delegation of 130 businessmen took part in the Expo.
*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: Jun 09 2013 | 4:00 PM IST

Next Story