Industries see opportunities in Xi's proposal

Gregory Hayes, chairman and CEO of United Technologies Corp.

We have already started it with bringing the technology center for high-rise construction here to Shanghai to develop the markets along the Belt and Road Initiative. We also use China as a base to export across Asia and even back to the US on the escalators. It remains an opportunity for us to continue to expand manufacturing for export.

Our strategy is to continue providing innovative, cost-competitive and sustainable technologies for the aerospace and building industries for all the markets along these two trading routes. Also focus on creating new value for our customers through investment in new technologies and digital initiatives.