Investment drive along BRI routes receives further boost

CHINA: Beijing, July 03, GNA – The investment drive to accelerate socio-economic progress along the Belt and Road routes has been taken to a new level high with the inauguration of the Belt and Road Economic Information Partnership (BREIP).

BREIP brings together more than 30 institutions - news agencies, think tanks and research institutions, from 26 countries across Asia, Africa, Europe, Latin America and Oceania, to exchange economic information that would aid investors to decide where to put their money.

It provides the platform to share valuable information on investment opportunities in the various countries – local economic policies, laws and regulations, economic data analysis and industrial development. 

The partnership is the brainchild of Xinhua News Agency and seen as vital for the implementation of the list of deliverables of the Second Belt and Road Forum for International Cooperation.

Additionally, it is of positive significance for deepening the exchanges and cooperation between Chinese and foreign media and research institutions in the field of economic information.

By creating a sound international communication system for economic information, BREIP aims to eliminate information asymmetry, provide a model, guidance and service to all parties involved in the Belt and Road Initiative, to promote policy coordination, unimpeded trade, financial integration and people-to-people bond.

There are also the added high points of attracting more countries and regions to participate in the Belt and Road construction, fostering stronger cooperation and providing impetus to development.

The establishment of the BREIP marks a new step in the exchange and cooperation between media and research institutions in the field of economic information.

GNA

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