Investment spurs BRI countries' growth

Two-way investment between China and economies related to the Belt and Road Initiative exceeded $130 billion between 2013 and 2018, injecting new growth momentum into BRI-related countries and contributing to recovery of the global economy, senior Chinese officials said on Monday.

China's direct investment in BRI-related countries grew by 5.2 percent annually on average to surpass $90 billion between 2013 and 2018, Song Lihong, an official in the Ministry of Commerce's Comprehensive Department, said at a news conference.

Song said that in the same period, China had received a total of $40 billion in inbound investment from BRI countries as two-way investment deepened.