China’s Xi promises open markets and billions in new investments for ‘Belt and Road’ projects. Chinese President Xi Jinping has pledged to promote open markets and is committing billions of dollars in new investments for the ambitious 'Belt and Road' infrastructure projects. This announcement signifies China's dedication to advancing its global connectivity initiatives and strengthening international partnerships. These commitments come at a time when the 'Belt and Road' initiative is seen as a crucial part of China's strategy to solidify its role in global economic development and to foster closer ties with participating nations.