Nations agreed to build New Silk Road

China will enhance partnerships with its neighbors to the west, aiming to build an integrated regional communications network, a top Chinese official said on Monday.

Vice-Minister of Industry and Information Technology Shang Bing said that this network will help China, the Central Asian nations, Russia and Mongolia to accelerate their economic recoveries and promote multilateral trade.

Communications services have become one of the most dynamic and fastest-growing industries for developed nations, creating jobs in sectors such as e-commerce and logistics. A number of developing countries have also realized that this industry can be an aid to their economies.