Regretting New Delhi's opposition to Beijing's Belt and Road project, the state-run Chinese media today said that a "nervous" India can not stop its neighbours from joining China's ambitious project even if it wants to stay out of it.
"This is an important lesson that can be drawn from the global financial crisis and is still very relevant to the development of the world economy today", Xi added.
Hours before the summit opened, North Korea launched another ballistic missile, further testing the patience of China, its chief ally.
New Delhi, which had been non-committal about attending the forum despite repeated offers by Beijing, made its intentions clear about skipping the event.
Xi pledged a major funding boost to the new Silk Road, including an extra 100 billion yuan ($14.50 billion) into the existing Silk Road Fund, 380 billion yuan in loans from two policy banks and 60 billion yuan in aid to developing countries and worldwide bodies in countries along the new trade routes.
Xi also said that the Chinese government would encourage its overseas yuan-investment funds to expand their commitments by about $40 billion.
He, however, did not give a time frame for the new loans, aid and funding pledged on Sunday.
Leaders from 29 countries attended the Belt and Road forum, as well as the heads of the United Nations, International Monetary Fund and World Bank.
"We should intensify counter-terrorism efforts, address both its symptoms and root causes, and strive to eradicate poverty and social injustice", he said.
"Unprofitable investments are not good for anybody", said Andras Vertes, chairman of GKI Economic Research.
White House adviser Matt Pottinger said the United States welcomed efforts by China to promote infrastructure connectivity as part of its Belt and Road initiative, and US companies could offer top value services.
China also sought to ally India's fear of meddling in the Kashmir dispute through the planned road, saying the $46 billion project will not affect its position on the matter.
The country's External Affairs Ministry spokesperson said Saturday that India can not accept a project that violates its sovereignty and territorial integrity. They are also concerned about transparency and access for foreign companies.
The strategy includes two key areas of development such as economic belt of the Silk Road and the Sea Silk Road.
Other countries expressed unease with OBOR, however. "We will not export our system of society and development model, and even more will not impose our views on others".
Beijing is hosting the Belt and Road forum on 14-15 May.
"Spanning thousands of miles and years, the ancient silk routes embody the spirit of peace and cooperation, openness and inclusiveness, mutual learning and mutual benefit", Xi Jinping said, stressing that "the Silk Road spirit has become a great heritage of human civilization".
Yesterday's summit, meanwhile, was overshadowed by the fatal shooting of 10 labourers on 13 May, who were working on road projects connected to the CPEC project in southwestern Pakistan's Balochistan province, where violence committed by separatists is a continuing threat.
The North Korean delegation largely kept a low profile at the summit, and there was no evidence that its presence had affected participation despite USA misgivings. The event, he said, provided a unique impetus for an global concerted effort to promote "a more balanced, equitable and inclusive development along the Belt and Road".
China insists that OBOR will be open to participation from all countries, including Europe, Africa and the Americas, which are not situated on the traditional Silk Road.
Chinese President Xi Jinping on Monday urged world leaders to coordinate policies on development and reject protectionism within the framework of the Belt and Road initiative, his ambitious worldwide investment plan.
Some Belt and Road projects are already raising concerns in certain countries. China, on the other hand, has called CPEC a flagship of the ambitious One Belt One Road (OBOR) project.
"The main reason behind India staying out of the forum is the China-Pakistan Economic Corridor, part of which passes through the disputed territory of Kashmir", Kukarni told the daily.
Aziz also praised the Chinese leadership for proposing the BRI.
While the summit has been given nearly non-stop coverage on Chinese state-run television, attention at the event was distracted by North Korea's latest missile test on Sunday.
The Taiwanese smartphone giant is holding a live event on Tuesday where the new flagship device is expected to be revealed. Just after the CES 2017, HTC unveiled the new U series smartphones with the glossy finish body and premium price tag.
That group also said it possessed stolen copies of other television shows including Celebrity Apprentice and NCIS: Los Angeles . Iger did not disclose the movie's title, but noted that Disney is refusing to pay the ransom, The Hollywood Reporter added.
He said he will implement a reform agenda at home "not because Europe requests it, but because France needs it". Philippe is the mayor of the Normandy port of Le Havre, a trained lawyer and an author of political thrillers.
Police say Wright's conduct on Highway 45 left Kustoff and his aide Marianne Dunavant "in fear of being forced off the roadway". Investigators were able to track her down because she posted about the incident on her Facebook page.
Seth Rollins , Samoa Joe, Finn Balor , Bray Wyatt and Roman Reigns will square off on June 4, live on Sky Sports Box Office . Since WWE re-split its roster into Raw and Smackdown brands last summer, perhaps no image ha...
But he scored 13 points in the third quarter and 10 more to close out the fourth to finish with 26 points with eight assists. The victor will tip off the Eastern Conference finals Wednesday in Cleveland. "So it's a not a satisfied season to me".
As Verstappen and Raikkonen came back out onto the track, Felipe Massa had to take evasive action and hit Fernando Alonso. If Valtteri had not touched Kimi, we all would have had enough room to get through that corner.
The missile flew 787 km (489 miles) on a trajectory reaching an altitude of 2,111.5 km (1,312 miles), KCNA said. The White House, in a statement, said that North Korea has been "a flagrant menace for far too long".
His close association with the Supreme Leader Ayatollah Ali Khamenei would attract the support of conservatives across Iran. He is now facing five rivals, but some could withdraw in favor of more prominent candidates.
Less than one percent of refugees succeed in their efforts, leaving around 11,000 now in limbo and constant fear of deportation. The group includes a Sri Lankan couple with two children, a Sri Lankan man and a Filipino mother and daughter.
He said the find is still in a preliminary stage, and more mummies are expected to be discovered in the area. The mummies have been elaborately preserved and are thought to have been officials and priests.
The latest recall comes after the two firms offered to fix 1.5m cars in South Korea and the USA over possible engine stalling. Hyundai and Kia have been criticized for the lackadaisical way in which they have dealt with questions about product quality.
Haideri's political party, the pro-Taliban Jamiat-e-Ulema Islam, has hundreds of Islamic Sunni seminaries throughout Baluchistan. The blast occurred in the town of Mastung, 50 kilometres (30 miles) from the provincial capital, Quetta.
Wright added that the incident is an example of how the drug epidemic has forced officers to change aspects of their jobs. Green was treated and released Friday, and when contacted Saturday said he was still feeling the effects of the substance.
Four candidates are seeking three seats on the Board of Education with the top three vote-getters each securing a three-year term. The second phase of a long-term plan to renovate and upgrade district schools will turn the attention to elementary schools.
Reading's game plan had worked out perfectly: stifle Fulham's free flowing style of play, sit back, and hit them on the counter. The Royals may now be favourites to progress to Wembley after escaping back to Berkshire with a 1-1 draw at Craven Cottage .
With that, the so-called Boring Company was born, another addition to Musk's ever-growing portfolio of technology ventures. Musk allayed those fears by responding in the affirmative when asked if the tunnels will be " earthquake-proof ".
On Afghanistan, Coats said the situation "will very likely continue to deteriorate, even if worldwide support is sustained". President Donald Trump has promised to cut excess spending as he tries to clean up the budget and decrease the deficit.
It wasn't an easy task for Dusty "The Wildman" Crum, an orchid grower by day and a champion python hunter in his spare time. Crum and his crew also captured 78 eggs, so they definitely helped cut down on the growing snake population.