BEIJING, March 20 (INP) – “China hopes its annual trade volume between with One Belt One Road (OBOR) countries to surpass 2.5 trillion U.S. dollars in a decade or so," reported one of the renowned Chinese think tank on Monday.
In a report of a Chinese think, it is highlighted that Saudi Arabia, Australia, the United States, Thailand, Russia, and the Republic of Korea can get maximum benefits with this significant historic project.
Think tank hopes that foreign entrepreneurs would boost contact and cooperation with Chinese firms and initiatives for win-win results.
The Silk Road Economic Belt and the 21st Maritime Silk Road initiative, proposed by China, will push trade and investment between China and countries along the routes and their common development.
The "new normal" of the economy and China-led initiatives, such as the Silk Road Fund and the Asian Infrastructure Investment Bank (AIIB) means new opportunities.
China will be more and more open to the outside world, while it will not change policies that encourage the use of foreign investment, protect the rights of foreign-funded enterprises and provide better services, stated in report.
Deeply integrated with the global economy, the Chinese economy is an important driving force for Asia and the world, stressing its efficiency and quality was improving alongside positive structural adjustments.
"The interaction between China and the world is increasingly closer," and opportunities in the domestic market, investment, green growth and foreign cooperation are expanding, mentioned in report.