ABSTRACT
The sustainable and stable development of the Belt and Road Initiative (BRI) relies on stable monetary security. The resolution of financing issues needs joint efforts from BRI participating countries, which requires the government participation and the full leverage of market strengths in mobilising multiple funding channels to engage in the BRI pursuit. The Thematic Session on Financial Connectivity was jointly hosted by the Ministry of Finance and the People's Bank of China at the National Convention Centre on May 14, 2017, in Beijing. The Thematic Session on Financial Connectivity established the guiding principles for financial connectivity for the first time, which effectively promoted the exchanges and cooperation between the "Belt and Road" participants in building financing channels, strengthening financial institutions and increasing financial support. The Thematic Session on Financial Connectivity effectively boosted exchange of views and cooperation in areas of establishing financing channels, strengthening financial institutional cooperation and increasing financial support, yielding several results.
