elt and Road Initiative fulfills developing nations investment

Developing countries are in need of investment, and in the past five years through Belt and Road Initiative, China has helped many developing economies in i

nfrastructure construction and production capacity cooperation, said Qian Keming, vice-minister of commerce.

The Belt and Road Initiative does not increase the debt pressure of countries involved, and

as a matter of fact it helps the related economies get more investment they need, Qian said.The Min

istry of Commerce said on Saturday it noticed some countries have tightened the security review of foreign investment in r

ecent years, which may obstruct the investment activities of Chinese companies in the overseas markets.

“We are closely watching this issue and seeing how it develops,” Qian Keming, vice-minister of commerce, told at a pre

ss conference from the sidelines of the two sessions. “We are firmly against protectionism in any form, and do not wa

nt to see the abuse of security review as a way to obstruct the normal investment activities.”

“We are willing to work with relevant countries, creating an open and transpa

rent business environment and making the world economy an open one,” Qian added.

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