Silk Road Economic Belt
The Silk Road Economic Belt (Traditional Chinese: “絲綢之路經濟帶”) is the land-based component that together with the oceanic Maritime Silk Road forms One Belt, One Road, a Chinese government economic development framework for primarily integrating trade and investment in Eurasia.
There are several nodes, corridors and other elements of the belt. One of the earliest nodes to take shape was the New Eurasian Land Bridge, a railway that connects China to Central Europe through Kazakhstan and Eastern Europe. Economic corridors extend across the Eurasian land mass including in regions on the periphery like the Russian Far East. The Russian government established Russian Direct Investment Fund and China Investment Corporation, a Chinese government investment agency, partnered in 2012 to create the Sino-Russian Investment Fund, which concentrates on opportunities in bilateral integration.