BEIJING, June 22 (Xinhua) -- The International Finance Forum (IFF) released a survey report about the Belt and Road Initiative in Beijing on Thursday, showing that 63 percent of central banks interviewed are bullish about the Initiative's role in economic growth, according to China News Service.
The report shows that 92 percent of central banks expect that in the next five years, projects under the Belt and Road Initiative can support domestic economic growth. Most of the respondents believe that the annual growth will not exceed 1 percentage point, while 25 percent of the respondents are more optimistic and expect the annual growth to be between 2 and 5 percentage points.
According to the report, the generally optimistic expectation of growth shows that the Belt and Road Initiative’s impacts on the international economy have been recognized by the international community.
The report also points out that there are still some risks and challenges in the construction of the Belt and Road. The survey shows that the biggest obstacles to the development of the Belt and Road are the legal framework, financing, government departments and credit rating.
The report believes that resolving risks and challenges requires the countries along the Belt and Road routes to cooperate with each other, improve laws and regulations, enhance government credit, ensure the stability, sustainability, and openness of policies. (Edited by Hu Pingchao, hupingchao@xinhua.org)
A single purchase
