China's Hunan province launches B&R fund

Central China's Hunan province established a Belt and Road fund in a total amount of 20 billion yuan last Wednesday.

The fund was led by Hunan Construction Engineering Group and will provide a new financing platform for Hunan enterprises' going global.

The B&R fund of Hunan province is one of province's three state-owned assets funds. The fund will strongly support the provincial state-owned enterprises' internationalization and promote  their “going global” development.