China sees stronger trade, investment ties with BRI countries

Dated 2019-10-03, tagged under International Relations

Source: Xinhua News Agency

China's trade and investment with countries participating in the Belt and Road Initiative (BRI) have flourished over the past few years, a senior official said Sunday.

China's investment in BRI countries has exceeded 100 billion U.S. dollars so far, while China has received 48 billion dollars of investment from those countries, Qian Keming, vice minister of commerce, said at a press conference.

From 2013 to 2018, trade between China and BRI countries surpassed 6 trillion dollars, official data showed.

China has established multiple economic and trade cooperation zones in BRI countries and generated over 300,000 jobs for local people, Qian said.

China will increase imports from BRI countries to promote balanced trade and help BRI companies and countries to use e-commerce, he added.

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