Chinahas translated its promise of funding Belt and Road Initiative projects into reality with the assistance of a group of national financial institutions, which has offered hundreds of billions of dollars in financing services.
As one of the most important financial institutions to support the initiative, China Development Bank has funded more than 600 BRI projects with over $190 billion, fulfilling its goal of a 250 billion yuan loan to support projects on basic infrastructure, industrial capacity, and financial cooperation.