Editor's note: President Xi Jinping continued his schedule of bilateral meetings with leaders attending the Belt and Road Forum for International Cooperation on Sunday. Following are highlights of the two-way talks:
It's "the right choice" for participating countries to come together to discuss building the Belt and Road, following the spirit of the ancient Silk Road, President Xi Jinping said on Sunday evening at a banquet welcoming leaders and representatives to a high-level forum in Beijing.
The China-led Belt and Road Initiative serves as a constructive platform to help achieve common prosperity for regional economies and contributes to global development, World Bank President Jim Yong Kim said on Sunday.
China is capable of maintaining financial stability and will strike a proper balance - reducing leverage rates while sustaining economic growth - and the government's top priority will be preventing financial risk, Premier Li Keqiang said on Sunday.
President Xi Jinping and his wife, Peng Liyuan, (center) have a group photo with delegates and guests before the welcome banquet for the Belt and Road Forum for International Cooperation at the Great Hall of the People in Beijing on Sunday. Wu Zhiyi / China Daily
The head of China's top economic regulator called on Sunday for more policy coordination to support the Belt and Road Initiative in order to cope with challenges brought on by a growing anti-globalization trend that may put obstacles in key areas of cooperation.
Industrial and Commercial Bank of China - the world's biggest bank by assets - is gearing up to provide a full range of financial services for projects under the Belt and Road Initiative, a senior executive said in an interview.
The Asian Infrastructure Investment Bank shares the same vision as the Belt and Road Initiative of promoting broad-based social and economic development in countries and regions related to the initiative, the bank's president said on Sunday.
China aims to build a digital silk road as it identifies innovation as the driving force to pursue the Belt and Road Initiative, President Xi Jinping said on Sunday.
China signed off on an agreement in Beijing on Sunday with 26 countries to improve policy coordination and jointly address the pressing challenges of a financing gap for projects under the Belt and Road Initiative.
Using local currency is preferred for future Belt and Road Initiative investments, because it will help ensure financial stability and reduce currency exchange risks, according to the central bank governor.
Climate change cooperation among the Belt and Road countries can achieve win-win results because the initiative helps address the challenge by improving climate policy coordination and providing opportunities for technology exchanges, according to officials and experts.
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