About the Maritime Silk Road

 The China's silk road economic belt history started from the Han Dynasty. In order to revive the ancient Maritime Silk Road, the initiative that China and countries along the ancient Maritime Silk Road would build together a new Maritime Silk Road of the 21st Century was proposed by China.

 

-- Maritime Silk Road Introduction

The Maritime Silk Road was a conduit for trade and cultural exchange between China's south-eastern coastal areas and foreign countries. There were two major routes: the East China Sea Silk Route and the South China Sea Silk Route.

 

Starting from Quanzhou Fujian Province, the Maritime Silk Road was the earliest voyage route that was formed in the Qin and Han dynasties, developed from the Three Kingdoms Period to the Sui Dynasty, flourished in the Tang and Song dynasties, and fell into decline in the Ming and Qing dynasties.

 

Through the Maritime Silk Road, silks, china, tea, and brass and iron were the four main categories exported to foreign countries; while spices, flowers and plants, and rare treasures for the court were brought to China. Therefore, the Maritime Silk Road was also known as "the Maritime China road" or "the Maritime spices road".

 

-- Maritime Silk Road History

 

The Maritime Silk Road, like its overland counterpart, had its origins during the Han Dynasty (202 BC-220 AD). Although vast seas separate the four corners of the Earth, with advances in shipbuilding and navigational technologies, maritime transport came to provide unprecedented access to the most distant destinations.

 

It is known that the bulk of the raw and processed silk transported along the overland Silk Road during the Han Dynasty was produced primarily along China's southern coast and in the coastal Wu, Wei, Qi, and Lu regions (present-day Shandong Province). Since ancient times, these areas have been thriving centers of shipbuilding as well as silk production. They were thus able to supply both commodities for export and the means to transport them across the sea. It was this combination that provided the social and material conditions necessary for the development of maritime trade during the Han Dynasty.

 

-- East China Sea Route

Kaiyuan Temple in Quanzhou, the starting place of Maritime Silk Road. The East China Sea Route enjoys a long history of about 3,000 years. It was during the Zhou Dynasty that Ji Zi, a court official, was sent on a journey east, setting off from Shangdong Peninsula's Bohai Gulf and navigating his way across the Yellow Sea, which led to the introduction of sericiculture (silkworm farming), filature and silk spinning into Korea.

 

When Emperor Qin Shi Huang united China, many Chinese fled to Korea and took with them silkworms and breeding technology. This sped up the development of silk spinning in Korea. These new skills and the technologies were subsequently introduced into Japan during the Han Dynasty. Since the Tang Dynasty, the silks produced by Jiangsu and Zhejiang Provinces were directly shipped to Japan. Many Japanese envoys and monks were also able to travel to Chang'an (now Xi'an) along this sea route.

 

-- South China Sea Route

Guangzhou represented the starting-point of the South China Sea Route, which extended across the Indian Ocean and then on to various countries situated around the Persian Gulf. The types goods dispatched for trade consisted mainly of silk, china and tea, while imported merchandise included a variety of spices, flowers and grasses – hence it being commonly referred to as the sea's 'China Road' and the sea's 'Flavor Road' .

 

The route was first used in the Qin and Han Dynasties, and increased in popularity from the Three Kingdoms Period (220-280) to the Sui Dynasty (581-618). Up until the Tang Dynasty Anshi Rebellions (755-762), this route was viewed as a secondary alternative to the Silk Road, However in the latter half of the eighth century, owing to the scourge of wars in the vast Western Regions, trade volumes along the Maritime Silk Road boomed as those on its overland counterpart steadily declined.

 

Delicate Silk Technologic advances in shipbuilding and navigation led to the opening of new sea-lanes to the Southeast Asia, Malacca, areas in the Indian Ocean and the Persian Gulf. Guangzhou became the first great harbor in China around the time of the Tang and Song Dynasties, although it was later substituted by Quanzhou in the Yuan Dynasty (1271-1368) as the most important trade port.

 

The Naval Expedition to the West by Zheng He in the early part of the Ming Dynasty demonstrated the great importance of the Silk Road and was to represent the peak of its popularity. The governments of the Ming and Qing Dynasties issued a ban on maritime trade, contributing to massive decline in its use. As the Opium War broke out in 1840, the Silk Road on the Sea totally disappeared.

 

-- 21st Century Maritime Silk Road under Belt and Road

 

In order to revive the ancient Maritime Silk Road and bring more benefits to the relevant countries and peoples, the initiative that China and countries along the ancient Maritime Silk Road would build together a new Maritime Silk Road of the 21st Century was proposed by China.

 

Such an initiative draws inspiration both from history and from latest developments in the 21st century. The aim is to inject strong impetus in enhancing political mutual trust, deepening economic cooperation, and promoting cultural as well as people-to-people exchanges among relevant countries through joint cooperation, common development and regional integration. All countries along the Maritime Silk Road are welcome to plan, develop and benefit together from the initiative.

 

Since the initiative was first raised, many countries have actively supported and engaged themselves in the development of the or the Silk Road Economic Belt (the "Belt and Road" for short) or both.

 

On Oct. 24, 2014, twenty-first Asian countries signed the Memorandum of Understanding on Establishing the Asian Infrastructure Investment Bank (AIIB) in Beijing, aiming to finance and facilitate infrastructure constructions for Asian countries along the "Belt and Road".

 

The MOU specifies that the authorized capital of AIIB is 100 billion U.S. dollars and the initial subscribed capital is expected to be around 50 billion dollars. The paid-in ratio will be 20 percent.

 

The 21 countries are Bangladesh, Brunei, Cambodia, China, India, Kazakhstan, Kuwait, Laos, Malaysia, Mongolia, Myanmar, Nepal, Oman, Pakistan, the Philippines, Qatar, Singapore, Sri Lanka, Thailand, Uzbekistan and Vietnam.

 

At the APEC Summit 2014 held in Beijing in November, 2014, China announced to contribute US$40 billion to set up a Silk Road Fund to provide investment and financial support to carry out infrastructure, resources, industrial and financial cooperation and other projects related to connectivity for countries along the "Belt and Road".

 

With more support from other countries and wider coverage across the region, the China's silk road economic belt has become an initiative not for one country but for all countries who welcome and support the initiative and are working together closely with each other for economic and social advancement as well as for the welfare of their peoples. The 21st Century Maritime Silk Road has always been and will still be open to all countries along the road.

 

About Xinhua Silk Road

 

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China's silk road economic belt and the 21st century maritime silk road website, includes BRI Policy, BRI Trade,BRI Investment,Belt and Road weekly,Know Belt and Road,and the integrated information services for the Belt and Road Initiative (BRI).

 

Source: https://en.imsilkroad.com