Major emerging economies are expected to post economic growth of around 4.8 percent this year despite downward pressure, the Boao Forum for Asia said in a report on Tuesday.
China will release the implementation plan for the Belt and Road initiatives when the 2015 Boao Forum for Asia opens at the end of the month in south China.
Hainan province in South China is looking to play a major role in the Silk Road Economic Belt and 21st Century Maritime Silk Road initiatives, its governor said. The provincial authorities are eying up opportunities to build a major sea transport and tourism hub in the region.
Qionghai, where the Boao Forum for Asia is held, has become an increasingly popular destination for tourists after its environmentally friendly urbanization efforts in recent years.