Tag: One Belt One Road

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China’s Digital Silk Road and shipping digitalization

Trade along the historic Silk Road route could soon account for almost 40% of the world’s trade, with a large part being by sea. Almost a decade after launch of Belt and Road Initiative, one of the world’s largest infrastructure development projects, Beijing’s Digital Silk Road initiative, the digital strategy of Belt and Road, is increasingly attracting attention for affecting how shipping digitalization will evolve.

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Belt and Road initiative to get big data risk monitoring platform

Powerbridge Technologies launched Powerbridge Big Data Risk Monitoring Platform at Nanning Customs. The latter is considered crucial for the Belt and Road gateway along China’s southwestern border. Powerbridge Big Data Risk Monitoring Platform enables the customs agency to effectively and efficiently monitor and manage, in real time, various regulatory and operational risks, regarding cross-border customs declarations.

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Watch: The Belt and Road Initiative explained

CNBC International's Xin En Lee addresses the Belt and Road Initiative, which she comments marks a huge change in China's foreign policy. Generally, the Belt and Road Initiative was firstly announced by Chinese President, Xi Jinping in 2013. Its aim is to strengthen trade, infrastructure and investment relations, between China and an estimated 65 other countries. 

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Belt and Road initiative to become greener

According to the World Economic Forum, lenders and investors who finance infrastructure projects in the Belt and Road region, hold a great responsibility for the global climate future. Yet, some of them are not aware of the impact they're generating, still investing in 'brown' projects, due to the fact that GHG emissions are still not unregulated in most developing countries and also, as carbon pricing mechanisms are not in place.

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