China's Belt and Road Initiative is likely to boost infrastructure investment opportunities in west China.
In the past, investment in west China did not prosper due to poor economic returns but now the Belt and Road Initiative helped the region better linking with related countries, investors would take into account gross domestic product (GDP) of a wider scale to make decisions, said Ivan Chung, senior vice president for Greater China credit analysis of Moody's Investors Service.
For instance, regional infrastructure linkage hinted at least opportunities for railway related industries such as building materials, iron and steel, cement, and heavy machinery, added Chung.
In west China, infrastructure conditions are generally less developed than east China and hamper further development and linkage of the region with other provinces and countries along the "Belt and Road".
Earlier in February, an economic work meeting convened in Tibet Autonomous Region, southwest China told it intended to break up development bottleneck caused by infrastructure and strengthen transportation, energy, water conservancy, communication, and urban infrastructure construction this year.
Together with other localities' infrastructure construction plans, Chinese businesses engaged in related businesses are expected to benefit much from the Belt and Road Initiative. (Contributed by Duan Jing, duanjing@xinhua.org)
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