Prospects for future economic cooperation between China and Belt & Road countries

The Belt and Road Forum for International Cooperation (BRF) was held in Beijing from 14 to 15 May 2017. According to China’s Ministry of Foreign Affairs, 29 heads of states and governments attended the highest level of international conference held by China since the major initiative was put forward by President Xi Jinping in 2013. Economic cooperation is expected to be the top priority of this forum. So which areas are likely to achieve breakthroughs?

In our latest PwC analysis on the Belt & Road (B&R) initiative, we look at how the B&R initiative is reshaping the future economic cooperation between China and B&R countries.

Here are the major future prospects for economic collaboration between China and B&R countries:

  • Signing free trade agreements may be the most effective way for China to expand its trade with B&R countries
  • Opening up stock and bond markets for B&R countries will provide more investment opportunities for Chinese business
  • Promoting RMB internationalisation in major B&R economies rather than in the developed countries is more likely to be successful
  • Domestic preferential policy support will be critical in encouraging Chinese companies to invest more in the B&R countries

Contact us

Elton Huang
China Central Markets Leader and Shanghai Office Lead Partner
Tel: +[86] (21) 2323 3029

Gabriel Wong
Head of China Corporate Finance & One Belt One Road Leader
Tel: +[86] (21) 2323 2609

Andrew Li
China Deals Domestic Leader
Tel: +[86] (21) 2323 3437

G. Bin Zhao
PwC China Senior Economist
Tel: 86 (21) 2323 3681

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