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News for Outlets

Xinhua Silk Road turns 6, more friends on board, wider cooperation expected

July 16, 2021


Abstract : Launched by Xinhua News Agency in 2015, Xinhua Silk Road, one of the four major products under China Economic Information Service (CEIS), has pioneered a spectacular success as an economic information platform that serves the Belt and Road participants with fresh information, insight reports, market observations, as well as customized services such as business matching, and risk monitoring.

BEIJING, July 16 (Xinhua) -- Yes, today we turn 6.

Launched by Xinhua News Agency in 2015, Xinhua Silk Road, one of the four major products under China Economic Information Service (CEIS), has pioneered a spectacular success as an economic information platform that serves the Belt and Road participants with fresh information, insight reports, market observations, as well as customized services such as business matching, and risk monitoring.

Stepping upon such information foothold and platform mission, Xinhua Silk Road works closely with clients to tackle challenges and capture opportunities, while acted as the platform to bridge Chinese enterprises to foreign land and bring foreign companies to Chinese market.

As Xinhua Silk Road strides into its seventh year, although not much age, day-and-night work has generated 540 million structured data, 4.134 million structured data indicators, 470 million knowledge graph entities, 930 million knowledge graph relationships, and more than 600 new information and reports every week, and that only describes its database part of the story, partly.

In terms of customer base, Xinhua Silk Road now serves database users and offline clients in 58 countries and regions, and visitors from more than 200 countries and regions click our website portals in search of the information they need.

But accomplishment could not be achieved solo, and the Belt and Road Economic Information Partnership, or BREIP in short, which was included in the list of deliverables of the Second Belt and Road Forum for International Cooperation, must be put forward for credits.

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Photo: BREIP now boards 41 members from 29 countries and regions.

Initiated by Xinhua News Agency in June of 2019 and tasked to CEIS, BREIP, with communication and contacts carried out by Xinhua Silk Road, acted as a diverse economic information sharing platform that brings together news agencies, information service agencies and institutions, as well as industry/business associations, among others, to promote information connectivity, help spot opportunities and boost investment and cooperation in Belt and Road countries. Starting from 33 founding members, BREIP now grows to 41 members from 29 countries and regions and will surely welcome more on board.

But as practices have shown, BREIP is not only about information sharing, but spreads far and leads to infinite cooperation possibilities.

The cooperation with Xinhua Silk Road of CEIS went smoothly, with the two sides co-producing videos and co-organizing events such as Belt and Road Conference for Investment Matching for Chinese and Italian Enterprises, according to Paolo Panerai, CEO of Class Editori, a publishing house leader in business and financial news, fashion, luxury and lifestyle information in Italy and founding member of BREIP.

"The good cooperation is really recognized by our readers", said Luis Figueiredo Trindade, CEO with Jornal Economico, the Portuguese economic newspaper and also a BREIP member, noting that such information could better inform and give knowledge at the moment of decisions.

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Photo: Xinhua Silk Road information now available in eight languages.

What is also worth noting, by forging international partnerships, Xinhua Silk Road information is now available in such eight languages as Chinese, English, Italian, Thai, Polish, Greek, Hungarian, Czech, and with more coming up. 

A multi-language platform means much more than translation, as Marek Traczyk, chairman with our Polish partner TTG Poland puts it, "it is very important to have friends to develop, not only your collaboration, but also your presence in this part of Europe."

CEIS is a specialized economic information service agency directly under Xinhua News Agency, boasting such four major products as Xinhua Finance, Xinhua Silk Road, Xinhua Credit and Xinhua Index. 

(Contributed by Niu Huizhe with Xinhua Silk Road, niuhuizhe@xinhua.org)

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Keyword: Xinhua Silk Road 6th anniversary

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