Industries see opportunities in Xi's proposal

Updated 2017-04-14 14:00:47 China Daily

Editor's Note: As China holds an international forum on the Belt and Road Initiative in Beijing next month, China Daily talks with business leaders over their views and their participation in the developments.

“TerrenceTerrence Curtin, CEO of TE Connectivity.

We understand the Belt and Road Initiative's significance in promoting economic growth and regional cooperation, and we appreciate the tremendous efforts China has put into this gigantic project.

We regard the many infrastructure projects proposed under the framework of this initiative as enhancing connectivity across Asia, Europe and Africa. This presents a large opportunity for TE, as we are well positioned to offer our unparalleled connectivity and sensing technologies and products in the energy infrastructure, ICT (information and communication technologies) infrastructure, railway links and many other sectors.

We are also encouraged by the China's welcome attitude to foreign participation into this project. As the Belt and Road forum will gather many world leaders to discuss the road map forward in Beijing, I believe companies like TE will have more opportunities to participate in the initiative and contribute to its success.

“ShenShen Difan, general manager of AliExpress

The Belt and Road Initiative is conducive to lower trade barrier, address trade imbalances and enhance economic interdependence. While globalization benefits large multinational corporations, the Belt and Road Initiative aims to unlock the potential of SMEs by enhancing connectivity, and e-commerce is a critical channel to reach that goal.

AliExpress aims to serve 1 billion users globally within seven years and build a "cyber Silk Road" following the initiative. This will be achieved via collaboration on cross-border payment, express delivery and local partnership.

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