China's Ministry of Commerce announced that the trade and investment cooperation within the framework of the Belt and Road has recorded fruitful results. At the press conference organized by the Chinese Ministry of Commerce, he gave information about the achievements made in the 9 years since the Belt and Road initiative was launched.
Accordingly, China has effectively fulfilled its potential for cooperation with the countries on the Belt and Road route, encouraging the import of quality goods from these countries to China, and accelerating the development of cross-border e-commerce. In addition, while China intensified investment in these countries, it was facilitated for the countries within the scope of the project to invest in China.
In the first half of this year, China's trade volume with countries on the Belt and Road route increased by 17,8 percent to 6.3 trillion yuan. This amount constituted 31,9 percent of China's total foreign trade.
Non-financial direct investment made by China in the route countries increased by 4,9 percent to 65 billion 30 million yuan, this amount constituted 18,5 percent of China's total non-financial direct investment. In the same period, the investment of the route countries in China increased by 10,6 percent and reached 45 billion 250 million yuan.
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