Industries see opportunities in Xi's proposal

Jean-Pascal Tricoire (left), chairman and CEO of Schneider Electric SA.

It is a very responsible thing for China to support the countries along the route of the Belt and Road Initiative to get better infrastructure. With the fast development of China in the past few years, it has accumulated rich experience and had real competency in building infrastructure, meanwhile, many countries are in need of that kind of infrastructure.

Therefore, this initiative is a great plan, probably one of the biggest plans within this century. We see a lot of potential in working together with Chinese enterprises as we have strong presence in the countries along the route of the initiative, we could support the plan.

Schneider Electric could provide complete solutions through its product, technology and service to create value for concrete, steel and water treatment sectors. When Chinese companies go abroad and look for partners, we could help them to be their assistant as we have already been there, owning engineers and service teams there, which could help these enterprises reach local standard, grow faster there as well as help them export.