Belt, Road spurs business links

China and Spain will further enrich business ties in areas including high-end manufacturing, renewable energy sources, tourism and other service sectors over the long run thanks to developments brought about by the Belt and Road Initiative, officials and experts said.

As both economies are proficient in exporting goods and providing services, China and Spain have been strong supporters of the multilateral trade system and investment growth and oppose trade protectionism, said Yu Jianlong, secretary-general of the China Chamber of International Commerce.

"They have been defending external openness as a tool for progress, job creation and global economic recovery since 2008," he said.