BEIJING, May 7 -- Chen Zhiqiang is celebrating his decision to build a sprawling factory in northern Beijing 18 years ago.
His company, Nuctech, is one of China's leading security inspection equipment producers.
"When construction started in 1999 on our factory in Miyun District, many people thought it was too big, a waste. But the company has developed greatly, and nobody doubts my decision now," he said.
Since its founding in 1997, Nuctech has expanded several times. The Miyun factory, covering about 100,000 square meters, has become a large production base for exports. It also has factories in Poland and Brazil.
At the Miyun factory, workers are testing several car scanners which they plan to ship to Mexico. The company plans to export about 20,000 pieces of inspection equipment overseas in the coming months.
"Nuctech products have been used at many foreign ports and customs," said Chen. In 2016, exports made up 60 percent of the total sales volume, he added.
Nuctech is among the companies that have expanded swiftly since the Belt and Road Initiative was proposed in 2013.
"If there were no Belt and Road Initiative, we would still go out and look for business opportunities, but business has been a lot easier with the initiative coming along," said Chen.
"Our overseas partners are more ready to cooperate because they know they can also benefit greatly," he added.
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