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Belt and Road Initiative 10 years and counting
Updated: Oct 11, 2023
chinadaily.com.cn
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2. Channels and platforms for investment and financing constantly expanding
China has funded the establishment of the Silk Road Fund (SRF) and established the Asian Infrastructure Investment Bank (AIIB) with other participating countries.
China has actively participated in various existing financing arrangements. It has signed memorandums of cooperation with international financial institutions such as the World Bank and the Asian Development Bank.
China has initiated the establishment of international economic cooperation funds, which have effectively expanded investment and financing channels for partner countries.
The CDB and the Export-Import Bank of China (China Eximbank) have each set up special loans for the BRI to pool resources to increase financing support for BRI cooperation.
