The Belt and Road Initiative (BRI) is a development strategy proposed by Chinese Government that focuses on connectivity and cooperation between Eurasian countries. It is short for the Silk Road Economic Belt and the 21st-century Maritime Silk Road.

China proposed the Belt and Road Initiative (BRI) in 2013 to improve connectivity and cooperation on a transcontinental scale.

China has signed 197 Belt and Road (B&R) cooperation documents with 137 countries and 30 international organizations by the end of October,2019.

Apart from developing and developed economies, a number of companies and financial institutions from developed countries have collaborated with China to expand the third-party market as well.

The construction of the China-Laos railway, China-Thailand railway, Jakarta-Bandung High-Speed Railway and Hungary-Serbia railway are making solid headway while projects including the Gwadar Port, Hambantota Port, Piraeus Port and Khalifa Port have gone smoothly.

Meanwhile, the building of the China-Belarus industrial park, China-UAE Industrial Capacity Cooperation Demonstration Zone and China-Egypt Suez Economic and Trade Cooperation Zone is also forging ahead.

From January to September,2019, China's trade with B&R countries totaled about 950 billion U.S. dollars, and its non-financial direct investment in these countries topped 10 billion dollars.

China has made bilateral currency swap arrangements with 20 B&R countries and established RMB clearing arrangements with seven countries.

In addition, the country has also made achievements with B&R countries in other sectors including technology exchange, education cooperation, culture and tourism, green development and foreign aid.

As leader in cross-border trade Oujian has also devoted itself to contribute to the B&R Initiative. We served participants from Bangladesh with commodity classification services and helped them to solve the difficult issues while importing their exhibits to shanghai.