‘The Belt and Road’ initiative (B&R) promoted by the China government has again become a popular phrase in the international news, as China aims to resolve its over-capacity issue by expediting the development of the countries in the B&R region.
The initiative was actually first announced by President Shi Jinping in 2013 and a ‘Belt and Road Forum’ was held in May this year in Beijing, quoting the initiative as having a ‘hope to create a big family of co-existence’. So, will the cryogenic equipment industry or the China industrial gas industry really benefit from this initiative? Or how? This is an interesting topic for discussion among the region’s players.
... to continue reading you must be subscribed