More than $ 97 billion deal reached at Belt and Road Business Forum

Chinese leader Xi Jinping said participants of the Business Summit at the Belt and Road Forum had reached a number of agreements worth 97.2 billion US dollars.

"During this period, business representatives of the High-Level Forum concluded a cooperation agreement worth a total of 97.2 billion US dollars," he said at the Third Belt and Road Forum for International Cooperation.

The third Belt and Road Forum, held in Beijing on October 17-18, brought together more than 4,000 participants from more than 140 countries. Russian President Vladimir Putin arrived in Beijing as the main guest for the forum.

The Belt and Road Initiative was proposed by Chinese President Xi Jinping in 2013. Its goal is to strengthen international trade and investment projects involving a large number of countries, along with the use of Chinese and foreign capital. More than 150 countries and 30 international organizations are participating in the initiative.