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-- China will scale up financing support for the Belt and Road Initiative by contributing an additional RMB 100 billion to the Silk Road Fund, and we encourage financial institutions to conduct overseas RMB fund business with an estimated amount of about RMB 300 billion. The China Development Bank and the Export-Import Bank of China will set up special lending schemes respectively worth RMB 250 billion equivalent and RMB 130 billion equivalent to support Belt and Road cooperation on infrastructure, industrial capacity and financing. We will also work with the AIIB, the BRICS New Development Bank, the World Bank and other multilateral development institutions to support Belt and Road related projects. We will work with other parties concerned to jointly formulate guidelines for financing the Belt and Road related development projects.

Located in Southeast Greece, Piraeus is one of the nearest ports to the main shipping route from the Suez Canal to Gibraltar, and serves as a hub on the west end of the 21st Century Maritime Silk Road.

The U.S. export control is based on a Cold War mentality, ignoring the rapid development of bilateral ties and not fitting to its future development, the report said.

Xi Jinping, general secretary of the CPC Central Committee, presided over the meeting.

China will protect intellectual property rights and create a fair policy environment to become the most attractive destination for foreign investment, said the premier.