Highlights of press conference on China's foreign policy

Beijing to host 2nd Belt and Road forum

The second forum on the Belt and Road cooperation will be held in Beijing in late April, with more comprehensive cooperation.

President Xi Jinping will deliver a keynote speech during the opening ceremony.

The Belt and Road Forum for International Cooperation, or BRF, will have more foreign heads of state and government than the previous forum and thousands of delegates from over a hundred are expected to attend.

BRI to benefit all

The Belt and Road Initiative is an "economic pie" that benefits the local people rather than a "debt trap" that some countries may fall into, according to Wang.

It is not a geo-political tool but a great opportunity for shared development. The initiative has enabled countries to grow at a faster pace, improve their people's lives, and reaped win-win outcomes.

South China Sea conduct code talks to be speeded up

China and ASEAN countries will speed up negotiation of the Code of Conduct in the South China Sea on the basis of consensus and give updates of the progress to the public at appropriate time.

China and ASEAN countries will stay focused and eliminate interference, and maintain necessary transparency during the negotiation of the COC.