Industries see opportunities in Xi's proposal

Alexei Chekunkov, CEO of Far East Development Fund.

The Belt and Road Initiative is the most important international agenda launched by China. It is a policy of Beijing taking the leadership to save globalization, for the sake of China as well as for the world. While some people relate the Belt and Road to certain geographical lines or corridors, this is not true. The initiative is absolutely international and multidimensional, bringing many nations not necessarily along the route to the table.

The Belt and Road Initiative would serve as a guidance and unlock the full potential of Chinese companies to reach out to economically viable international projects and they are mutually beneficial.

Under the roof of the initiative, potential for Chinese investment into Russia's Far East region is at least 10 times bigger than it is now. This year, the fund is expected to partner with China's State-owned enterprises in creating two joint investment funds on gold and copper mining, as well as infrastructure and real estate projects.