Cementing the future for sustained growth

Heavy machinery makers from China find the grass is often greener in markets along the 'Belt and Road' countries, reports Zhong Nan.

Though many Chinese heavy machinery makers and infrastructure project providers are struggling due to industry overcapacity and stagnant market conditions at home, there are some like Northern Heavy Industries Group Co Ltd that have found new growth avenues along the "Belt and Road Initiative" routes.

The Silk Road Economic Belt and 21st Century Maritime Silk Road were initiatives proposed by President Xi Jinping in 2013, with the purpose of rejuvenating the two ancient trading routes and further opening up the markets in a mutually beneficial manner.