Business / Economy

One Belt and One Road Initiative becomes hot topic at the two sessions

(chinadaily.com.cn) Updated: 2016-03-08 10:52

One Belt and One Road Initiative becomes hot topic at the two sessions

Zhao Ping [File photo/newssc.org]

Zhao Ping, deputy to the NPC, chief engineer of R&D center of Dongfang Electric Co Ltd:

The "One Belt One Road" strategy provides a broad international cooperation space for equipment manufacturing enterprises," said Zhao.

According to Zhao, China has occupied an important position in the world economy, so its companies should also have a global vision of the market. Participating in the global market cannot only bring opportunities to accelerate growth of domestic enterprises, but also offer the best stage to show the charm of "made-in-China" products.

"The going global of the equipment manufacturing industry cannot be misunderstood as export overcapacity," said Zhao. She also proposed that government and related authorities present a platform to provide industrial plans and legal support to help private enterprises step into international market.

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