It is unique among Belt and Road Initiative investment funds as private sector support is the predominant driver rather than Chinese policy banks and foreign exchange reserves.
[1][2] A driving force behind the investment fund is Wang Wenbiao, Chairman of the Elion Group, a firm implementing anti-desertification through methods including developing drought-resistant seeds for agricultural plants like licorice.
[citation needed] In addition to Elion Group, other firms contributing capital to the fund are China Oceanwide, Chint Group, Huiyuan Juice, Macrolink, JuneYao, Ping’an Bank and Sino-Singapore Tianjin Eco-city.
[3] The fund intends to invest in solar power projects, tree planting, and livestock breeding.
[citation needed] At the launch of the fund in March 2015, the first project announced was a RMB 5 billion investment in an "ecological solar panel industrial chain" between Beijing and Zhangjiakou, Hebei.