This　article　analyzes　the　impact　of　the　Belt　and　Road　Initiative　(BRI)　on　the　economic　and　business　environment　of　its　participants　using　the　Global　Doing　Business　Report　from　the　World　Bank.　We　use　a　difference-in-difference　approach　to　identify　the　impact　by　considering　BRI　as　an　exogenous　policy　shock.　We　find　that　BRI　positively　impacts　the　business　environment　of　the　participating　countries;　in　particular,　there　is　a　great　improvement　in　the　scores　of　business　starting　and　contract　enforcing.　The　positive　effect　is　larger　in　low-income　countries　and　the　countries　with　a　growing　investment　from　China.