Over 500 overseas Chinese representatives from 110 countries and regions gathered in Chongqing this week for a landmark conference aimed at strengthening global collaboration under China's Belt and Road Initiative (BRI). The inaugural event saw $6.13 billion worth of cross-border deals signed across green energy, digital economy, and advanced manufacturing sectors.
Economic Impact and Key Deals
Conference organizers announced 66 finalized projects totaling 43.79 billion yuan, with notable investments in Sichuan Province's renewable energy infrastructure and Chongqing's smart manufacturing hubs. These agreements position southwest China as a critical junction for BRI-related technology transfer and industrial innovation.
Building a Global Network
A new Belt and Road Overseas Chinese Business Network debuted with members from 72 countries and regions, creating a formal platform for resource sharing and cultural exchange. The alliance will prioritize joint ventures in sustainable development and digital transformation projects across BRI partner nations.
Ten exemplary case studies were highlighted, showcasing overseas Chinese contributions ranging from solar power installations in Southeast Asia to emergency medical support during international crises. The conference's closing declaration emphasized commitments to 'green development and mutual prosperity' through enhanced diaspora engagement.
