China's biggest dairy producer, Inner Mongolia Yili Industrial Group Co Ltd, said it plans to further move into overseas markets in the next three to five years.
German software company SAP SE will step up efforts to tap into opportunities brought by the Belt and Road Initiative, which it believes will motivate groups to adopt new technologies and business models.
To control financial risks, Chinese companies need to make prudent investments on expansion into economies participating in the Belt and Road Initiative, said Justin Yifu Lin, former chief economist and senior vice-president of the World Bank.
Hungary will deepen cooperation with China in the financial sector by jointly establishing more investment funds, said its minister of foreign affairs and trade.
The CEO of fintech services company NCF Group - which is among the country's first batch of groups to obtain full-fledged internet finance licenses - said that the strategic goal of his firm is to generate half its business from overseas markets in the next three to five years thanks to the Belt and Road Initiative.
The Belt and Road Initiative will continue to make emerging economies more competitive, narrowing the developmental inequity between landlocked countries and coastal regions, said business leaders and trade experts.
China Mengniu Dairy Co Ltd, one of the country's biggest dairy producers by revenue, plans to add more products to suit local preferences in countries and regions covered by the Belt and Road Initiative this year, said its top executive.
BEIJING - As China presses ahead with the Belt and Road Initiative, Chinese workers have become key to transformation of countries and regions covered by what is arguably the greatest economic project of the century.
The Zhangjiang National Innovation Demonstration Zone is carrying out an internationalized talent introduction strategy, building an innovation and entrepreneurship base for global top professionals and an industry park for overseas graduates.
Shanghai has been innovating policies and management systems to attract more foreign professionals, in a bid to establish a cluster of talented international people in the city's Zhangjiang National Innovation Demonstration Zone.
There are more than 93,000 foreign experts working in Shanghai, playing an important role in building the city's Zhangjiang National Innovation Demonstration Zone into a scientific and technological innovation hub with global influence.
The integrated development of Beijing, Hebei and Tianjin and the renewed urban planning for Beijing will be crucial for the national capital to host the upcoming Belt and Road Forum and improve its development in a healthier way, a senior official of the municipality has said.
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