PBOC official highlights risk awareness

China will continually develop equity investment to provide medium and long-term financing and mobilize more resources under the Belt and Road Initiative, Chen Yulu, deputy governor of the People's Bank of China, the nation's central bank, said on Wednesday.

In the meantime, financial institutions and enterprises should increase risk awareness and strengthen risk management, the deputy governor said in his speech at a forum.

The event, co-chaired by the PBOC and the London-based multilateral development bank the European Bank for Reconstruction and Development, was to promote investment in Central Asia along the Belt and Road Initiative routes.