Dow pins hopes on China's B&R

US company plans to start output from coating materials unit in Chengdu by 2018

Dow Chemical, the world's second largest chemical company, has hinged its growth prospects in China to the country's Belt and Road Initiative.

The initiative is attracting more and more foreign companies to follow the "go west" trend by opening plants and offices in inland regions and Dow does not want to be left behind. The US firm plans to start commercial production from its new unit in Chengdu, Sichuan province by the middle of next year, according to a top company official.