CDB and the United Nations Development Programme (UNDP) held a high-level dialogue in Beijing today featuring discussions on the “One Belt, One Road” initiative to promote sustainable development and jointly work towards the fulfillment of what President Xi Jinping and the UN Secretary-General António Guterres have stressed in their keynote speeches from the perspectives of infrastructure investment, financing mechanism and policy coordination.

Chinese bank governors pledged to fund projects related to the Belt and Road Initiative, saying that special loans will be offered to finance cooperation projects among en-route countries in terms of infrastructure, capacity building and finance.

China Gezhouba Group Corporation (CGGC) officially launched blasting operation on 10 May on the construction site in the desert region of central Kuwait.

China is open to increasing its import quota of Indonesian palm oil by at least 500,000 tons, Premier Li Keqiang said on 7 May, speaking after a meeting with Indonesian President Joko Widodo at the country’s presidential palace in Bogor.

Chinese and Bangladeshi regulators have approved a bid by Chinese bourses to acquire a 25-percent stake in the Dhaka Stock Exchange.

A train carrying 41 containers departed from Tangshan in Hebei Province in late April, marking the inauguration of a further line of freight between China and Europe.

China hopes to comprehensively increase its connectivity with Nepal, which would facilitate the construction of an economic corridor connecting China, Nepal and India, State Councilor and Foreign Minister Wang Yi said in Beijing on 18 April.

The train carried 53 containers of goods valued at 23 million yuan ($3.6 million), including textile machinery produced in Shandong. It will travel about 7,300 kilometers for 13 days to arrive at its destination in Uzbekistan.

The idea of transforming the ancient fishing village of Gwadar into a bustling port city has been around since at least 1954, when Pakistan commissioned the U.S. Geological Survey to examine its coastline. Their conclusion: Gwadar, which sits on the Arabian Sea, would be an ideal location for a deep-water port.

The 11th meeting of the China-India Joint Group on Economic Relations, Trade, Science and Technology held here recently has brought in new opportunities for deepening bilateral economic and trade cooperation.