$3.07 trillion, the volume of trade between China and other countries "Belt and Road" During 2024
The Chinese Ministry of Commerce stated that trade in goods between China and countries participating in the construction of the “Belt and Road” It reached 22.1 trillion yuan (3.07 trillion US dollars) in 2024.
Ministry official Li Yongjie said in a press conference reported by the Chinese news agency “Xinhua” Today, Thursday, about 54% of China’s imports last year came from countries participating in building the “Belt and Road”, as the huge Chinese market provides development opportunities for countries all over the world.
She added that China’s exports to Countries participating in building the “Belt and Road” They include not only consumer goods, but also industrial equipment and components, and these exports have made contributions to enhancing the industrial development of those countries concerned, indicating that continued two-way investment with countries participating in building the “Belt and Road” In expansion, in the first 11 months of last year, China’s total non-financial direct investment in those countries reached 214.66 billion yuan, while investment in China from those countries rose to 99.87 billion yuan.
She pointed out that China had signed 36 investment cooperation agreements with countries participating in building the “Belt and Road” During the period from January to November 2024, these agreements mainly involve emerging areas such as the green, digital and blue economy.
She indicated that in the first 11 months of 2024, the projects contracted by China in the participating countries witnessed In building the “Belt and Road” A business volume of 826.34 billion yuan, and China organized and implemented 700 aid projects in those countries, which helped improve their local development.
She continued that China will continue its pursuit of practical cooperation with countries participating in building the “Belt and Road” project. In the areas of digital economy, clean energy and green minerals, she pointed out that China will also work to push the signing of more free trade agreements and bilateral investment protection agreements with countries participating in building the “Belt and Road”.
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