The initiative focuses on promoting policy coordination, connectivity of infrastructure and facilities, unimpeded trade, financial integration, and closer people-to-people ties through extensive consultation, joint contribution and shared benefits, with the goal of bringing benefits to all. By the end of 2016 over 100 countries and international and regional organizations had expressed an interest in participating, and more than 40 of them had signed cooperation agreements with China.
Starting with the launch of individual projects that are expected to help spur a wider range of cooperative activities, it envisions a network of interconnected markets linking the Association of Southeast Asian Nations, South Asia, West Asia, North Africa, and Europe, and a strategic partnership for the South China Sea and the Pacific and Indian oceans.
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