Experts call for better financial connectivity
By Jing Shuiyu in Boao, Hainan | China Daily | Updated: 2017-12-15 07:37
Experts are calling for greater focus on the promotion of international financial connectivity by diversifying models of investment and funding, and enhancing the internationalization of the renminbi.
Such efforts would help fill the significant gap between financing and project aspirations related to the Belt and Road Initiative.
"To facilitate funding, domestic financial institutions should keep deepening cooperation with multilateral financial institutions, and develop innovative financial products to meet capital needs according to various projects," said Frank Lyn, leader of mainland and Hong Kong markets at PwC, an international accounting firm.
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