Countries along the Belt and Road should deepen financial cooperation, as financial integration is an important underpinning for implementing the Belt and Road Initiative.
A Silk Road Fund designed to finance China-proposed "Belt and Road" initiatives has began operation, the central bank said in a statement on Monday.
Singapore, Russia and Kazakhstan rank as the top three investment destinations as China accelerates the implementation of its Silk Road initiatives.
The Silk Road Fund's first overseas investment project is expected to demonstrate a new financing model that supports infrastructure construction.
Being a member of Asian Infrastructure Investment Bank (AIIB) provides a new funding avenue for Malaysia's infrastructure development, which in turn will promote the connectivity between China and ASEAN, and the region's economic growth in the end.
Bank of China said it had successfully raised the equivalent of $4 billion from the international bond markets for the Belt and Road initiative.
China announces plans to boost the Belt and Road trade by creating economic corridors and investing nearly $900 billion in countries along the route.
China CITIC Bank Corp Ltd and other subsidiaries of the State-owned CITIC Group Corp plan to support the country's Belt and Road Initiative with combined investment and financing worth more than 700 billion yuan.
The China-initiated Asian Infrastructure Investment Bank took a historic step forward on Monday with the signing of a framework for the current 57-member institution.
An innovative local electrical company is aiming high by investing in the "One Belt and One Road" project, hoping to expand its own overseas markets.
