Free Trial

MNI BRIEF: China To Focus On High Quality Connectivity-Wang Yi

China's belt and road initiative (BRI) will focus on green investment to build up trans-Eurasian connectivity platforms, with a focus on railways, green infrastructure and digital platforms, according to Wang Yi, China's Foreign Minister.

Speaking at a belt and road press conference on Wednesday, Wang told reporters Chinese financial institutions would use the initiative to enhance the Yuan internationally. Going forwards, China will ensure the BRI initiative was green, with investment in sustainable infrastructure a priority, Wang said. BRI members cooperating together will bring stability to the world, he added.

On Wednesday PBOC Governor Pan Gongsheng said the central bank will support countries under the Belt and Road initiative to develop green finance and promote their issuance of green bonds in China (See: MNI BRIEF: PBOC To Support Belt & Road Green Bond Issuance - Bonds & Currency News | Market News)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.