Beijing: China will invest nearly USD 900 billion in economic corridors along the mega Silk Road and Maritime Silk Road initiatives with funds including from the newly-floated AIIB bank. Vice-Premier Zhang Gaoli said the country is mulling six economic corridors with countries along the Belt and Road trade route to better connect Asia and Europe with funding from the Asian Infrastructure Investment Bank, (AIIB) and the Silk Road Fund, state-run China Daily reported.

China has announced USD 40 billion for Silk Road fund last year. Corridors are set to run through China-Mongolia-Russia, New Eurasian Land Bridge, China-Central and West Asia, Indo-China Peninsula and China-Brazil, Bangladesh-China-India-Myanmar, Zhang said at the opening ceremony of the Asia-Europe Meeting (ASEM) Industry Dialogue on Connectivity in Chongqing municipality yesterday.