Belt and Road Initiative: Companies worldwide exploring third markets

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Big data continues to be a driving force in telling stories about China. And that goes for development on the Belt and Road initiative as well. CGTN's Xia Cheng has more about the report.

Big data reports on the Belt and Road Initiative. That's a book written by China's economic planner the NDRC.

NING JIZHE DEP. DIRECTOR, NAT'L DEVELOPMENT AND REFORM COMMISSION "China has traded more than 5 trillion US dollars of goods with countries covered with the Belt and Road initiative. Companies from both China and developed countries are exploring third markets together."

The reports use different indices to measure the development of the Belt and Road Initiative and the economic ties between countries, from trade sentiment to numbers of direct flights.

YU SHIYANG DIRECTOR OF BIG DATA, CHINA'S STATE INFORMATION CENTER "23.7% media comments around the global on the Belt and Road Initiative were positive in 2017, up from 16.5% in 2013."

(On a separate forum on the Belt and Road, the NDRC chief also weighed in on the Belt and Road development with data.

HE LIFENG DIRECTOR, NAT'L DEVELOPMENT AND REFORM COMMISSION "Over the past five years, the Chinese companies investment has exceeded 86.5 billion US dollars in those countries and the region. We also established 80 economic and cooperation zones, which exceeded the value of 28 trillion US dollars."

Bahrain Economic Development Board is here at the forum as well. The board hopes to capitalize on Bahrain's unique location and market status to attract more Chinese capital.

Xia Cheng, CGTN, Tianjin.