A delegation of Chinese financial and economic scholars visited New York on June 20 to discuss the latest development on "Belt and Road" Initiative. Wang Wen, the Executive Dean of Chongyang Institute for Financial studies at Renmin University of China (RDCY), was among the delegation.

The delegation discussed with Bloomberg business journalists and other mainstream media representatives at Bloomberg Philanthropies and spoke at a forum held by the National Committee on US- China Relations successively.

The delegation speaks at a forum held by the National Committee on US- China Relations.

Wang Wen said to keep its role as the world`s capital, New York needs to find the next wave of opportunities, which in his opinion could be the BRI.

He said the inference he draws is that many Western media exaggerate China`s global ambition based on BRI. And on the other hand, they underestimate the potential for cooperation between China and the US.

"China is not a revolutionary state of the global order, and China is one of the most important states for supporting the global order that the US established at the end of the World War II," Wang said.

"China and the US have so many fields for cooperating. For example, in infrastructure, China can provide labor, technology, financing. The US has the security, management experience and other soft power." Wang said.

The delegation also included Zha Daojiong, political economy professor of Peking University, Zhai Kun, professor at the School of International Studies of Peking University, Liang Huijiang, director general at the China Development Bank, and other scholars.