billion.Siemens e

rsed for years in supplying automation products and other technologies for infrastructure and energy projects, such as Central Asia-China gas pipeline project.Shane Tedjarati, president of Honeywell Global High Growth Regions, said the software▓ and connected systems company is well-positioned to support the Belt and Road In▓itiative through its China growth strategy and port▓folio.Honeywell's high-growth regions consistently drive more than 80 percent of the company's▓ growth. Ch

ina accounts for the biggest chunk of that, he said, adding the ▓country has been the company's second-largest market since 2013 and c▓urrently is the single-largest contributor to its global growth.Experts belie▓ve the initiative creates busi

xpects the cumulative potential

o▓ver the next 10 years

the Mercator Institute for China Studies. Projects worth some $900 billion a▓re now either underway or on the drawing board, according to the China Development Bank▓.Many Western firms are interested in contributing to the initiative, offering either technology or knowledge of local conditions, said Zhang Jianping, director of international economic cooperation at the National Development and Reform Commission.Multinationals can also benefit fro▓m better connectivity in the long term as emerging Be▓lt and Road markets will be further developed and their improved in▓frastructure might open up new markets and ultimately drive glo▓bal economic growth, he said.Stanley Jia, chief representative at the Beijing office of global law firm Baker McKenzie, was quoted by the South China Morning Post as saying there will be plenty of opportunities for Chinese a

nd multinational companies to work together in the future.It is still early days for the initiative and hence it may appear

as if it is the pr

eserve of Chinese State-owned enterprises, funded by Chinese banks and staffed by Chinese wor▓kers. All that will change sooner rather than later, he implied.Accord▓ing to the law firm, Chinese companies and their partners could together pour some $350 billion into Belt and Road-related projects in more than 60 countries and regions in the next five years.Ren Hongbin, chairman of China National Machinery Industry Corp, known as Sinomach, said Chinese EPC firms are facing various challenges, including international competition, geopolitical risks, tricky financing, an▓d conflicts of culture.Lothar Herrmann, CEO of Siemens Greater China, said complexity in terms of geography, culture and religion of B&R countries might be difficult to grasp, while various proje▓cts in different fields, including transportation infrastructure, tou▓rism, financial services and clean energy, are just as challenging."The complexity and uncertainty in some regions have made it imperative for companies to adapt to the local environment with the highest flexibility," he said. "But focus must remain on adding value to the local cust▓omers and local people."Please scan the QR Code to follow us on InstagramPlease scan the QR Code to follow us on WechatTop five Chinese cities with most ▓'unicorns'Top five Chinese cities with most 'unicorns'Top▓ five Chinese cities with most 'unicorns'01-04-2018 15:20 BJTBeijing topped the list of cities with the most "unicorn" companies, with 54 startups according t▓o the Hurun Greater China Unicorn Index 2017 released Dec 21.A unicorn, by definition, is a startup company valued at more than $1 billion. The list surveyed 120 uni▓corn companies with a total estimated value of more than 3 ▓trillion yuan

&R Initiative is a shining example of how GE can b enefit▓ from Ch ina's opening-up."In many case s, we are well equip ped in being a great p a▓rtner participating in the Belt and Road Initiative and we ca n also benef it from that ," ▓Rice said during a previo us interview during hi s trip to Ch ina as part of the b ▓usiness dele gation accompanying US 凤庆县wap 江西wap 磐石市5G 益阳市wap 烟台市wap 凉城县5G 泰来县wap 梁山县5G 万源市wap 沧州市5G 盂县wap 普宁市wap 澳门wap 来宾市wap 会泽县5G 十堰市wap 宝清县5G 罗平县5G 黑水县5G 罗江县5G 新开传奇私服英雄合击 热血传奇私服网站新开网站 每日新开传奇私服发布 散人传奇私服手机版下载 手机传奇私服服务端 新开传奇私服99s 手游传奇私服手机版 传奇私服无赦单职业网站新开网 东北纯网通传奇私服 传奇私服单机版客户端