Recovering Caterpillar set to fly with its Chinese partners

Caterpillar Inc will continue to facilitate Chinese indigenous partners on projects along the Belt and Road economies, said one of its top executives.

The US' largest machinery manufacturer is planning to organize a group of Chinese large contractors to go on an inspection tour of Africa and the Middle East later this month, where Caterpillar owns mature dealership networks and rich resources, according to Chen Qihua, its vice-president.

Chen said the initiative will benefit the company's efforts to promote interactions between Chinese contractors seeking overseas opportunities and service providers along the ancient trading routes.