"One belt, one road" is a development strategy started by the Chinese government in 2013. It refers to the New Silk Road Economic Belt, which will link China with Europe through Central and Western Asia, and the 21st Century Maritime Silk Road, which will connect China with Southeast Asian countries, Africa and Europe. Neither the belt nor the road follows any clear line geographically speaking; they serve more as a roadmap for how China wants to further integrate itself into the world economy and strengthen its influence in these regions.

While relative region could gain better finance, strength infrastructure for development through cooperation, China expects to be beneficial from enhanced and integrated market for its infrastructure productivity and outward investment.

The planned actions include consultations with countries involved, construction of international economic cooperation corridors and ports, as well as infrastructure projects.

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  • 2017-04-24

    World Bank to deepen cooperation with AIIB

    World Bank and the Asian Infrastructure Investment Bank (AIIB) signed a memorandum of understanding here on Sunday to strengthen cooperation between the two institutions.
    Under the MOU, both sides agreed to cooperate on areas, including development financing, staff exchanges, and analytical and sector work.
    World Bank and AIIB are discussing more projects to be co-financed in 2017 and 2018, said the statement.


  • 2016-03-17

    Premier Li called to secure solid progress in pursuing the B&R Initiative

  • 2015-12-25

    AIIB formally established

  • 2015-11-27

    China, CEE countries sign memo to promote Belt and Road Initiative

  • 2015-11-23

    China's regional governments finalize local B R implementation plans

  • 2015-07-16

    Xinhua rolls out credit information service for Belt and Road initiative

  • 2015-07-10

    "Belt and Road" initiative to promote SCO economic cooperation

  • 2015-07-01

    China's top legislature ratifies BRICS bank agreement

  • 2015-07-01

    Premier Li's visit opens new chapter in China-EU economic ties

  • 2015-06-29

    China-led AIIB agreement signed in Beijing

  • 2015-06-29

    Vice premier announces start of construction on China-Russia gas pipeline

  • 2015-05-30

    BOC improves layout to support Belt and Road

  • 2015-04-28

    Belt and Road nations account for 26 percent of China's total trade

  • 2015-04-21

    Silk Road Fund makes first investment in Pakistan's hydropower project