Bank of China Ltd's Chile branch, its fifth branch in Latin America, opened for business on June 6, further cementing its global position.

In the presence of Chinese Premier Li Keqiang and British Prime Minister Theresa May, the Memorandum of Understanding on Granting RMB 10 Billion Loans for Belt and Road Construction Projects Between China Development Bank and Standard Chartered PLC (MoU) was signed by Chairman of CDB Hu Huaibang and Group Chief Executive of Standard Chartered PLC Bill Winters in Beijing on January 31.

CDB and Industrial and Commercial Bank of China (ICBC) today signed the Agreement on Providing Financing and Overseas Agency Services for Belt and Road Projects in Beijing.

China and member countries of the Eurasian Economic Union on 17 May signed an agreement in Astana, Kazakhstan, to cut trade barriers and facilitate economic activities, said the Ministry of Commerce.

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.