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Solvency risks, liquidity pressures, poor corporate governance and external issues including uncertainties of global politics and economy weigh on the sector, said Chen.

Myasnikovich, chairman of the Council of Belarus's National Assembly, or the parliament speaker, made the remarks in an exclusive interview with Xinhua prior to a visit to Belarus by Zhang Dejiang, chairman of the Standing Committee of China's National People's Congress.

The initiative will involve huge resources and last a long time, which can also be beneficial for regions in Poland, where many projects are being developed on the basis of logistics and infrastructure, Senger explained.

Second-hand home transactions have increased steadily in the past month in Beijing. About 9,300 second-hand homes were traded in the first half of March in the capital, or up 53.8 percent from the second half of February, according to property agent 5i5j.com.

Innovative financing models are necessary since some projects under the Belt and Road Initiative require large investments with long payback periods, He said.