The Belt and Road Economic Information Partnership (hereinafter referred to as “BREIP”), initiated by Xinhua News Agency, is established jointly by news agencies, information service agencies, institutions, and business associations, etc., in countries along the Belt and Road routes, with the aim to promote communication and cooperation among the countries along the Belt and Road routes through information services. It aims to increase the information sources of each member, and support members to develop their own information services through the information sharing among members. It strives to provide convenient and practical economic information services through cooperation among the members, and help enterprises and other institutions along the Belt and Road routes to find investment and trade opportunities, so as to promote mutual benefits and win-win results.
In April, 2019, the BREIP was included in the the list of deliverables of the Second Belt and Road Forum for International Cooperation.
The BREIP implements a mechanism of co-contribution and free sharing of economic information content. Members of the BREIP are obliged to provide publishable economic information to the Belt and Road economic information sharing platform (hereinafter referred to as “BRInfo”), while enjoying the rights to use the content on the platform.
In addition to multilateral basic cooperation among members, the BREIP encourages members to carry out bilateral special cooperation through friendly consultations. The scope of the special cooperation includes but is not limited to:
1. Proprietary information exchange. Members of the BREIP can bilaterally exchange proprietary information content, based on their own personalized and directional needs, with the principle of voluntariness.
2. Channel interconnection. Members of the BREIP can achieve content landing in each other's channels through website interlinking, jointly-run columns, and other methods, according to their respective needs, or provide channel coordination support for the information release of the members’ information users in designated areas.
3. Product agency. Members of the BREIP can serve as agents of other members to sell their market-oriented information products and provide paid services for local institutional users. The cooperative members can independently negotiate the sales revenue sharing and sign bilateral agency sales agreements.
4. Special consultation. According to the individual needs of their respective users, members of the BREIP can cooperate to carry out topic-designated and customized analysis, research and special consulting services, including special research, special release, special training, project promotion, risk assessment and other personalized service projects. In addition, members of the BREIP can also organize relevant seminars on topics of bilateral or multilateral interest under the theme of Belt and Road, to communicate the status, interpret policies, and enhance cognition and understanding of the Belt and Road Initiative within the BREIP and in countries and regions along the Belt and Road routes.
In order to facilitate information sharing and communication under the BREIP, China Economic Information Service under Xinhua News Agency built BRInfo.
In terms of information uploading, BRInfo supports Email, File Transfer Protocol (FTP), and on-line editing; massive information is automatically classified by AI technology for user retrieval; and the user behavior analysis system can preferentially present the most popular information based on user habits. Besides, for better user experience, multiple choices are offered in information sorting, amount of downloaded information, formats of viewed and downloaded items, payments, and backstage data statistics.
Under the BREIP, member institutions share their superior information resources through the technology platform BRInfo, and do their utmost to provide high-quality information services for all parties involved in the Belt and Road Initiative in a bid to enhance mutual communication and understanding, promote mutual benefits and win-win cooperation in economic and trade fields, facilitate in-depth development of industrial cooperation, and help build a diversified financing system, via information sharing.