Dein erstes Forum » Customized Adidas Ducks Jerseys

BEIJING David Krejci Jersey , Dec. 3 (Xinhua) -- Chinese banks are looking to tap the opportunities arising from the huge investment and financing demands in the Belt and Road (B&R) regions, where investors are attracted by the potential of infrastructure and less-developed industries.


"Most countries along the B&R are developing economies that have numerous opportunities in infrastructure, rail transit, urban development, logistics, cross-border e-commerce and other areas Danton Heinen Jersey ," said Hong Qi, chairperson of China Minsheng Bank, a leading joint-stock commercial bank.


Infrastructure financing demand alone will amount to 10 trillion U.S. dollars in the next five years, Hong said at a recent forum.


Betting on these prospects, the Beijing-based lender has signed lending agreements worth over 10 billion U.S. dollars with businesses from more than 30 countries and regions, with more projects financed via public-private partnership in the pipeline.


Minsheng is not the only bank that has strengthened its push in the B&R. Other lenders including the Industrial and Commercial Bank of China and China Everbright Bank have also jumped into action. By the end of 2016 Zdeno Chara Jersey , nine Chinese banks had set up 62 branches in 26 countries and regions along the Belt and Road, data from the China Banking Regulatory Commission showed.


"There are bright prospects for banks to finance the B&R," former Chinese Vice Foreign Minister He Yafei has said.


Proposed by China in 2013, the B&R Initiative aims to build trade and infrastructure networks connecting Asia with Europe and Africa based on ancient land and maritime trade routes. Analysts believe opportunities are sprouting for global businesses to increase their presence and investment in the to-be-booming regions where public facilities still lag behind.


Multilateral lender the Asian Infrastructure Investment Bank and the Silk Road Fund were founded to finance the B&R.


Backed by financial support, investment went up steadily along the B&R. During the first 10 months of 2017, Chinese investors put forward 11.2 billion U.S. dollars in 53 countries and regions along the Belt and Road.


Thanks to the capital pumped in Brandon Carlo Jersey , Asian infrastructure is improving rapidly, with transportation networks improved and more public facilities erected, ranging from power stations to hospitals.


"More tangible progress will have been made by 2020," said Zhang Yansheng, a researcher at China Center for International Economic Exchanges, citing railroads and expressways that will stretch to more areas including Southeast Asia and the Mediterranean.


"Investment growth in the B&R will pick up pace in a couple of years Riley Nash Jersey , with double-digits compound increase expected in 2018 and 2019," said Robin Xing, Morgan Stanley's chief China economist.


Not only will infrastructure improve, but global trade will also benefit, Xing said. "B&R countries will see a 10-percent increase in their exports in ten years because of Chinese investment as better ports and railways will facilitate cargo flows."