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Nine pilot initiatives announced at UNGC BRI Action Platform Summit in Indonesia

Bi Ran

The inaugural Global Business Summit on Belt and Road Infrastructure Investment for Better Business, Better World, and Sustainable Development Goals was held from Sunday to Tuesday in Jakarta, Indonesia.

Co-organized by the Government of Indonesia and the United Nations Global Compact (UNGC) Belt and Road Initiative (BRI) Action Platform, the event brought together over 300 participants from governments, businesses, international organizations, academia, think tanks, and NGOs to explore collaborative pathways to advance a more inclusive, resilient, and sustainable global economy through high-quality BRI development.

In a video address, UN Under-Secretary-General for Economic and Social Affairs Li Junhua emphasized that sustainable infrastructure must be low-carbon, climate-resilient, and universally accessible. "This includes developing integrated transport systems designed to reduce climate emissions, enhance social inclusion, and bolster regional economic integration," he stated.

A food stall owner waving at the camera, Jakarta, Indonesia, May 14, 2025. /CGTN
A food stall owner waving at the camera, Jakarta, Indonesia, May 14, 2025. /CGTN

A food stall owner waving at the camera, Jakarta, Indonesia, May 14, 2025. /CGTN

The summit brought together global stakeholders to advance sustainable development across key sectors, including small and medium-sized enterprise (SME) empowerment, green innovation, education, and energy transition. Members of the UNGC unveiled nine flagship pilot initiatives at the event, including Chinese fintech leader FinVolution Group's "BRAVOSHOPS," which supports small and micro businesses across pan-Asian countries. Also revealed were Chinese tech giant Tencent's "Belt and Road Rural CEO Training Program" which focuses on cultivating rural talent through digital management courses, and leading Chinese technology company Vivo's "NexGen" Vocational Education Scholarship which offers skills training for Indonesian youth, helping them to bridge the digital divide and improving their future employability.

According to Chen Pingping, President and Chief Compliance Officer of FinVolution, its initiative provides a combination of physical upgrades, public engagement, and targeted financial support to small business owners, enabling them to improve food safety and product quality, stabilize operations, and expand offerings.

"It will help at least 1,500 small businesses across China, Indonesia, the Philippines, and other Asian countries between 2025 and 2030. The initiative reflects our long-term commitment to inclusive growth and sustainable livelihoods," Chen said.

The summit also launched the "Sino-Indonesia Corporate Community Action Network" and unveiled several key outcomes, including reports on transitional finance for the sustainable development of traditional industries.

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