One Belt and One Road Initiative becomes hot topic at the two sessions

Zong Qinghou [File photo/CFP]

Zong Qinghou, deputy to the NPC, chairman and general manager of Hangzhou Wahaha Group Co Ltd:

"The 'One Belt One Road' countries are full of business opportunities and development potential. Investment to the countries and regions are not only able to help the development of local economies, but also promote the transformation of domestic industry.

However, there are also some concerns on implementation difficulties. According to Zong, most Chinese enterprises lack background knowledge about countries along the routs. Secondly, the enterprises may suffer profit loss and local employees may also even face security threats as safety conditions in some countries are not very stable at the moment. Thirdly, some enterprises lack international operational experience, which may cause commercial disputes.