For Yuri Kannangara, Chinese investment has brought positive changes not only to his own life, but also to the lives ofmany local people.
The publicprivate partnership (PPP) model will play a key role in the export of industrial overcapacity to the economies participating in the Belt and Road Initiative, because it can cope with uncertainties associated with projects that usually take years to complete,according to the minister of China's top economic planning body.
Editor's Note: President Xi Jinping continued his schedule ofmeetings on Saturdaywith leaders attending the Belt and Road Forumfor International Cooperation. The following are highlights of the talks as reported by China Daily.
The development of the Belt and Road Initiative is spurring the revenue growth of domestic and overseas companies conducting industrial capacity cooperation and big-ticket projects in many countries and regions related to the initiative.
Global companies including Siemens AG, Schneider Electric and General Electric have all made plans to form more partnerships with China's power, infrastructure, transport and energy companies to tap the opportunities created by the Belt and Road Initiative.
The China Council for the Promotion of International Trade will complete thorough research on the laws and regulations in countries and regions related to the Belt and Road this year to ensure Chinese outbound direct investment faces fewer risks, according to officials.
China plans to expand its BeiDou navigation satellite network to cover countries involved in the Belt and Road Initiative by the end of next year, it has been revealed.
China's weather satellite network, which many countriesarealreadyusingtoforecast natural disasters, will be expanded to cover the Belt and Road Initiative, the top meteorological authority has announced.
The forum, to be held in Beijing from May 14-15, is the highest-level meeting of its kind since the Belt and Road Initiative was proposed in 2013. At the invitation of President Xi Jinping, heads of state and government of 29 countries will attend the forum which will attract 1,500 people, including representatives of more than 70 international organizations and 130 countries.
Chea Munyrith speaks moderately fluent Chinese and knows China better than some of his Chinese colleagues.
Kashan Tabani, a young entrepreneur with a property business linked to China, says his Chinese colleagues impress him most with their hard work.
The Belt and Road Forum for International Cooperation will leave Beijing looking better as the municipal government has worked to improve the city's appearance for the event.
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