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BOC calls for establishing mining development community for B&R markets

BEIJING
2015-10-21 20:22

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BOC International Holdings Ltd., an investment arm of Bank of China Co., Ltd. 03988.HK; 601988.SH), has called for setting up a mining development community for countries and regions along the "Belt and Road". Since the start of 2015, most mining companies in the world have been struggling with profitability amid a weak economy.

BOC International said China-proposed "Belt and Road" initiative will boost cross-border activities between mining companies from China and other "Belt and Road" markets, and that a regional mining development community could help improve efficiency and better protect interests of mining industry.

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