Belt and Road Initiative Committee is established to explore and promote Belt and Road Initiative and bring the strengths of Myanmar, Hong Kong SAR and Macau SAR into full play.
Mr James Lam, Chairman of Shing Kee Godown Logistics Group Limited
Mr Raymond Yim, Executive Director of Jacobson Pharma Corporation Limited
The Belt and Road Initiative refers to the Silk Road Economic Belt and 21st Century Maritime Silk Road, a significant development strategy launched by the Chinese government with the intention of promoting economic co-operation among countries along the proposed Belt and Road routes, followed with a series of concrete actions by the Chinese government in creating Asia Infrastructure Development Bank, Silk Road Fund, and other mobilizations at local, national and international levels for implementing the Initiative. The Initiative has been designed to enhance the orderly free flow of economic factors and the efficient allocation of resources. It is also intended to further market integration and create a regional economic co-operation framework of benefit to all.
The National Development and Reform Commission (NDRC) issued its Vision and Actions on Jointly Building the Silk Road Economic Belt and 21st Century Maritime Silk Road on 28 March 2015. This outlined the framework, key areas of co-operation and co-operation mechanisms with regard to the Belt and Road Initiative.