In light of the State Council’s policy on the promotion of production capacity and equipment exports to countries along the route of the “One Belt, One Road” Initiative, the National Development & Reform Commission (NDRC) has signed collaboration agreements with 18 Chinese provinces. The agreements provide that the NDRC shall designate each province to concentrate its efforts on specific countries, work out a collaboration approach, seek financial support, and set up special purpose funds. For example, Fujian province shall deepen production capacity cooperation in mining, auto, fishery, shipping, information communication and bio-friendly machine building sectors with countries alongside the 21st Century Maritime Silk Road, while Guangdong province shall focus efforts on industrial park development, electricity, non-ferrous metal, petro-chemical and agro-food sectors with South Asia and South-east Asian countries.
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