ICBC leads in finance projects on trade routes

The Industrial and Commercial Bank of China, the world's biggest bank by assets, is taking the lead in promoting cooperation among a wide range of international financial institutions in financing projects under the Belt and Road Initiative.

The bank is talking to more than 20 international financial institutions, including commercial lenders, policy banks and multilateral development agencies, to jointly "capture" business opportunities in the countries and regions involved in the initiative, said Zhang Hongli, vice-president of ICBC.

"Many banks want to jump on board and there are many issues that are common to all the banks. So there is a huge desire to work together," Zhang said in an exclusive interview with China Daily.