Home / Business / Macro

Trade between China, Belt and Road countries up 15%

Xinhua | Updated: 2017-11-03 10:40

BEIJING -- Trade between China and countries along the Belt and Road amounted to $786 billion in the first three quarters, the Ministry of Commerce (MOC) said Thursday.

The volume was a 15 percent increase from the same period last year, MOC Spokesperson Gao Feng told a press conference.

From January to September, Chinese businesses directly invested $9.6 billion in countries along the Belt and Road, up 29.7 percent year-on-year.

Investments made by Belt and Road countries in China stood at $4.24 billion, up 34.4 percent year-on-year.

Chinese businesses have helped build 75 economic and trade cooperation zones in 24 countries along the Belt and Road, generating over 209,000 jobs, according to Gao.

The Belt and Road is a trade and infrastructure network connecting Asia with Europe and Africa along -- and beyond -- the ancient Silk Road trade routes. The modern version comprises an overland Silk Road Economic Belt and a 21st Century Maritime Silk Road.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349