Ministry of Commerce spokesperson Shen Danyang said on the 28th that the bilateral trade volume between my country and countries along the “Belt and Road” in the first quarter was US$236 billion, accounting for 26% of the country’s total import and export.
Among them, my country’s exports to countries along the Belt and Road were US$144.5 billion, an increase of 10%, accounting for 28% of my country’s total exports, significantly ahead of the overall export growth rate; China’s imports from countries along the Belt and Road were US$91.5 billion, accounting for 23.4% of my country’s total imports.
Shen Danyang introduced that in terms of utilizing foreign capital, countries along the “Belt and Road” established 457 foreign-invested enterprises in China in the first quarter, a year-on-year increase of 18.4%; the actual amount of foreign capital invested was US$1.68 billion, including Mongolia, Russia and Central Asian countries. The overall amount of actual investment in China has more than doubled, and the actual amount of investment in China from countries in Central and Eastern Europe, West Asia and North Africa has increased by more than four times. Among them, there are 50 investment projects in Guangdong Province, a year-on-year increase of 6.4%; and 22 investment projects in Fujian Province, a year-on-year increase of 100%.
In terms of foreign investment, my country’s non-financial direct investment in countries along the “Belt and Road” in the first quarter was US$2.56 billion, accounting for 9.9% of the total foreign direct investment in the same period. The top three countries and regions are Singapore, Indonesia and Laos, with investments of US$570 million, US$300 million and US$260 million respectively.
Shen Danyang said that currently, my country has more than 70 cooperation zone projects under construction in countries along the “Belt and Road”. The infrastructure investment of enterprises in the zones exceeds 8 billion US dollars, which will drive nearly 10 billion US dollars of investment by enterprises entering the zones. It is expected that The annual output value exceeds US$20 billion and can create 200,000 local jobs.
According to reports, Thailand’s Thai-Chinese Rayong Industrial Park has achieved an output value of US$3.75 billion since its construction began, paid a cumulative tax of more than US$70 million to the local government, and currently employs more than 3,000 local employees; Sihanoukville Port in Cambodia Taking advantage of the favorable conditions of Cambodia’s garment industry enjoying relatively preferential trade policies internationally, the special economic zone has attracted more than 50 Chinese textile and light industry companies to settle in. It has become an important export production base for textile and light industry products in Cambodia, providing solutions for nearly 10,000 local people. Employment issues.
