China's achievements in opening-up over past 10 years

chinadaily.com.cn | Updated: 2022-05-16 06:40
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1. Achievements of opening-up in trade and investment

Containers await shipping at a port in Xiamen, Fujian province. [Photo by WANG XIEYUN/CHINA DAILY]

China's total trade in goods and services grew from $4.4 trillion in 2012, second in the world, to $6.9 trillion in 2021, ranking first in the world for two consecutive years.

The country's two-way investment also ranks among the top in the world, attracting 1.15 trillion yuan ($170 billion) of foreign capital last year, an increase of 62.9 percent over 2012.

Since 2017, China has ranked second in the world in attracting foreign investment for four consecutive years, with the foreign investment flow ranking among world's top three. Belt and Road economic and trade cooperation has also been promoted.

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