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Bangkok Post
Bangkok Post
Business

China's Belt and Road Initiative to trade mega projects for high-quality winners

The belt and road’s first decade was dominated by mega infrastructure projects. (Photo: Xinhua)

China will focus more on project quality to mitigate risk with its Belt and Road Initiative as the scheme enters its second decade and Beijing confronts a geopolitical rivalry with the United States, according to analysts.

In an annual plan tabled by the National Development and Reform Commission to the National People's Congress on Sunday, the central government repeated its commitment to the scheme, saying it helped China open to the outside world, especially to developing countries, and gain access to global resources.

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