The 4th annual Silk Road Business Summit was held on December 6-8, 2019, in the Chinese city of Xi’an, highly regarded the source of Chinese culture and history, and the starting point of the ancient Silk Road route. It is the current location of the SRCIC Secretariat.

The Summit reflected on the first four years of cooperative work of the Silk Road Chamber of International Commerce (SRCIC) that currently gathers 218 organizational members from 82 countries: national chambers of commerce, business associations and other important international business platforms. SRCIC, that serves as the bridge between governments and enterprises, at this annual gathering evaluated the work of its organizational members, concrete results of the Belt and Road Initiative (BRI), and current challenges in the global economy, including trade unilateralism and protectionism, increased economic instability, climate change and others.

All organizational members approved the 2019 Xi’an Consensus on Jointly Building an Open World Economy and reappointed Mr. Lu Jianzhong, Deputy to National People's Congress of PRC, on a new term as the Chairman of the SRCIC. Mr. Stjepan Mesić, Former President of Croatia, received the SRCIC Lifetime Achievement Award for his contribution since the establishment of the SRCIC, and his role as the senior advisor.

CSEBA received great honour when CSEBA’s President Mario Rendulić accepted the invitation to join the SRCIC Executive Board, recognizing CSEBA’s work in promotion of SRCIC and the Belt and Road Initiative, and concrete results in establishing business connections between China, Croatia and the region of Southeast Europe.

During the closed session, executive members proposed the establishment of the International Business Council (IBC) to work on current global challenges of climate change, trade issues and following the WTO principles across the Belt and Road countries, with increased participation by CEOs and their companies in decisions taken by international organizations on rules and principles which affect global trade, investment, environment and development.

The Silk Road Development Fund was established with the initial value of RMB10 billion, collectively initiated by the Tang West Market Culture Industry Investment Group and the Hong Kong New World Group, in order to increase development trends of global economy and facilitate implementation and development of the "Belt and Road".

The Silk Road International Artwork Trading Centre was also initiated as the platform for secure trading of art products, with authentic quality and fair prices. The Silk Road Young Entrepreneurs’ Alliance (SRYEA) was additionally established to motivate young entrepreneurs and allowing them an effective mechanism of communication between start-ups, promising companies and the Silk Road governments.