The Belt and Road Initiative was initially proposed by President Xi Jinping in 2013, with the objective of increasing interconnectivity and free trade, while creating more opportunities for China and B&R countries. By end of Apr 2019, China has signed 174 cooperative documents with 134 countries, and 29 international organizations, covering Asia, Europe, Africa, Oceania, and Latin America.
As a world leading professional service provider, PwC aligns with the national strategy through ongoing support for the Belt & Road Initiative. In 2017, we started to build our platform “Belt & Road United” as a means of drawing together key influencers, while optimising PwC’s global network resources to contribute to the Belt & Road Initiative. Till now, PwC has achieved:
From 2013 to 2018 the value of trade between China and other B&R countries surpassed US$6 trillion, accounting for 27.4 percent of China's total trade in goods.
The Chinese Government Scholarship - Silk Road Program has been set up, and China has signed agreements with 24 B&R countries on the mutual recognition of higher education degrees.
China has established traditional Chinese medicine centers in 35 B&R countries, and 43 international TCM cooperation bases.