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


Annual trade between China, B&R countries reaches 1.3 trln USD

January 25, 2019


Abstract : Trade volume between China and countries along the Belt and Road (B&R) Initiative totaled 1.3 trillion U.S. dollars last year, the Ministry of Commerce (MOC) said Thursday.

BEIJING, Jan. 24 (Xinhua) -- Trade volume between China and countries along the Belt and Road (B&R) Initiative totaled 1.3 trillion U.S. dollars last year, the Ministry of Commerce (MOC) said Thursday.

This marked a year-on-year growth of 16.3 percent, 3.7 percentage points higher than China's trade growth in 2018.

China exported goods worth 704.73 billion dollars to B&R countries last year, up 10.9 percent year on year, while importing goods from them worth 563.07 billion dollars, rising 23.9 percent year on year.

Chinese firms invested 15.64 billion dollars in non-financial sectors in B&R countries last year, up 8.9 percent year on year, while receiving investment from them totalling 6.08 billion dollars, up 11.9 percent.

China will further open up the market to share more opportunities with B&R countries and promote mutual opening-up among them, said MOC spokesperson Gao Feng.

China will also promote free and facilitation of trade and investment in the region and invite more B&R firms to attend the second China International Import Expo this year, Gao added.


Related Coverage

Focus

Think Tank

  • China's rural land reform will go much deeper this y...

    February 21, 2019

    As stated by the Document, "laws, regulations and policy measures need to be...

  • How will Brexit crisis affect China-UK economic ties...

    February 20, 2019

    It is crucial for China to understand that the first forces active in the Br...

  • Why China remains a magnet for foreign investment?

    February 20, 2019

    With all of these new initiatives in the works, it's fair to say that China ...

  • Greater Bay Area a center of innovation

    February 20, 2019

    The successful establishment of the Greater Bay Area as a center of scientif...

  • 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