The Belt and Road Initiative is an initiative between the Government of the People's Republic of China and the dominant transnational economic belt created in 2013. It covers countries and areas along the Silk Road and the Maritime Silk Road historically passing through mainland China, Central Asia, North and West Asia, the Indian Ocean and the Mediterranean coast.
On April 24 the 4th "Belt and Road" International Forum hosted by Phoenix TV was held in Beijing. The theme of this forum was "SDGs on Belt & Road". Hundreds of representatives of international organizations, senior executives of enterprises and the government participated in the event to discuss the development and overseas expansion of Chinese enterprises in the process of practicing the "Belt and Road" Initiatives. During the event, Wei Jianjun, Chairman of Great Wall Motor Company Limited, together with Liang Guining, Director of the Institute of Foreign Investment and Cooperation of the Chinese Academy of International Trade and Economic Cooperation of the Ministry of Commerce, Fang Qiuchen, President of China International Contractors Association (CHINCA), Wu Zhong, Secretary-General of the Finance Center for South-South Cooperation and other leaders and guests attended the event and discussed the way forward for Chinese enterprises to promote sustainable development through globalization.