Industries see opportunities in Xi's proposal

Chen Qihua, vice-president of Caterpillar Inc and chairman of Caterpillar China.

The core of the Belt and Road Initiative lies in bringing interconnectivity to the ancient trade routes through infrastructure construction. That's exactly what Caterpillar is delivering on all fronts.

As part of Caterpillar's long-term commitment, we will continue to facilitate Chinese indigenous partners on projects along the Belt and Road economies.

We are planning to organize a group of Chinese large contractors to go on an inspection tour in Africa and the Middle East in April, where Caterpillar owns mature dealership network and rich resources.

The initiative will benefit our efforts to promote interactions between Chinese contractors seeking overseas opportunities and service providers in host countries.