Login

Reload

Remember me Forgot it?

Not a subscriber?

Click on the button below to create your account and get immediate access to Xinhua Silk Road Database.

Start a Free Trial

Subscribe

Belt & Road Weekly Subscription Form

Research Report

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Economy

HOME > Economy


China's inv't along Belt & Road exceeds USD80 bln, official

September 21, 2018


Abstract : China has invested more than 80 billion U.S. dollars in countries along the Belt and Road routes, built 82 overseas economic and trade cooperation zones, creating more than 240,000 jobs to local communities.

<p>达沃斯论坛</p>

BEIJING, Sept. 21 (Xinhua) -- China has invested more than 80 billion U.S. dollars in countries along the Belt and Road routes, and built 82 overseas economic and trade cooperation zones, creating more than 240,000 jobs to local communities, according to He Lifeng, vice chairman of the National Committee of the Chinese People's Political Consultative Conference at a forum of the Summer Davos 2018 in Tianjin.

A total of 106 countries and 29 international organizations have signed 150 cooperation agreements with China to jointly put the Belt and Road Initiative in place, said He, who is also the head of the National Development and Reform Commission

He noted that the China-Europe freight rail service network, a crucial part of the Belt and Road Initiative, has seen more than 10,000 trips.

He emphasized that innovation is an important driving force for the construction of the Belt and Road. Through the concept innovation, institutional mechanism innovation and technological innovation, the Belt and Road construction can be sustainable. (Edited by Hu Pingchao, hupingchao@xinhua.org)


Related Coverage

Focus

Think Tank

  • How Can China’s Economy Maintain Steady Growth at a...

    February 15, 2019

    China needs to keep expanding its interconnectivity with global markets, pro...

  • Will China be the next Japan or South Korea?

    February 12, 2019

    As the development phase changes, expanding domestic demand has been brought...

  • Is GDP an obsolete tool in an era of social well-bei...

    February 2, 2019

    A serious talk has to take place between scholars and international organiza...

  • Consumption quality of China’s middle-income popula...

    January 31, 2019

    Building and expanding China's consumer market will not only need to increas...

  • Ask Us A Question

    If you have any questions, please enter them in the box below.

    Reload

    Write to Us

    Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

    Click on the button below to create your account and get imhttp://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

    Start a Free Trial