On November 11, the National Development and Reform Commission held the Endeavour “15th Five-Year Plan” series of press conferences to introduce the situation related to the joint construction of the “Belt and Road”. Liang Linchong, director of the Regional Opening-up Department of the National Development and Reform Commission, said that the joint construction of “Belt and Road” financial links is becoming more and more diverse. Chinese financial institutions support cooperative projects with co-building countries through various market-based financing instruments. The Asian Infrastructure Investment Bank and the Silk Road Fund are operating steadily and strongly support the joint construction of practical “Belt and Road” cooperation. The “Belt and Road” Financing Guiding Principles were jointly approved with 28 countries, and the “Belt and Road” Debt Sustainability Analysis Framework was promoted and applied to enhance the sustainability of investment and financing. The internationalization of the renminbi has taken solid steps.

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