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From 2021 To The First Half Of 2025, My Country's Investment In The "Belt And Road" Co-construction Countries Exceeded US$160 Billion

From 2021 To The First Half Of 2025, My Country's Investment In The "Belt And Road" Co-construction Countries Exceeded US$160 Billion

From 2021 To The First Half Of 2025, My Country's Investment In The "Belt And Road" Co-construction Countries Exceeded US$160 Billion

Going out to public service platform

On July 18, the State Council Information Office held a series of theme press conferences on "Complete the 14th Five-Year Plan with high quality" to introduce the achievements of the high-quality business development in the 14th Five-Year Plan. At the meeting, Li Chenggang, the international trade negotiator and vice minister of the Ministry of Commerce, said that during the 14th Five-Year Plan period, my country, together with the "Belt and Road", adhered to the principle of consultation, joint construction and sharing, promoted pragmatic cooperation in the economic and trade field, achieved fruitful results, achieved mutual benefit and win-win results, and made positive contributions to promoting the construction of an open world economy and building a community with a shared future for mankind.

Trade and investment continue to deepen, and the production and supply chain links are closer. From the perspective of trade, my country's trade in goods with the countries jointly built has increased from US$2.7 trillion in 2021 to US$3.1 trillion in 2024, with an average annual growth of 4.7%, and its share of overall trade increased from 45.3% to 50.7%, and further increased to 51.8% in the first half of this year, which is more than half. High-quality products such as durian, dragon fruit, coffee, etc. that jointly built the country have entered the Chinese market more, and related products such as my country's machinery and equipment, electronic components, etc. have also helped the development of the country's industrial development. From the perspective of investment, from the first half of 2021 to 2025, the two-way investment scale between my country and the co-construction countries exceeded US$240 billion, of which my country invested more than US$160 billion in the co-construction countries, and the co-construction countries invested more than US$80 billion in China. The "two countries and two parks" projects in China, Malaysia and China and Indonesia have become the "business card" for jointly building national industrial cooperation.

Project construction is being steadily promoted, and the comprehensive effect is more prominent. Coordinate the promotion of some landmark projects and "small and beautiful" people's livelihood projects. From 2021 to the first half of 2025, the total turnover of national contracted projects was completed in the joint construction of the country. A number of key infrastructure projects such as the China-Laos Railway have been completed and operated, and the construction of China-Europe Express and the new land-sea channel has been accelerated, improving the level of regional connectivity. Implement more livelihood projects in agriculture, education, health, poverty reduction and other fields, such as demonstration and promotion of mushroom grass, hybrid rice, etc., and cultivate a large number of technical talents for the local area.

Emerging areas are expanding steadily and the space for cooperation is broader. It has signed memorandums of investment cooperation in digital, green, blue and other fields with more than 50 co-construction countries. The number of partner countries of "Silk Road E-commerce" has increased to 36, forming a series of cooperative brands such as Silk Road E-commerce Day, Silk Road Cloud Products, and Cloud Lecture Hall. More than 120 online and offline national pavilions have helped partner products enter the Chinese market. We have carried out practical cooperation in the fields of green infrastructure, clean energy, etc., and actively promoted international cooperation in green minerals.

The mechanism and platform are continuously improved, and communication and coordination are smoother. Make good use of mechanisms such as the Bilateral Economic and Trade Joint Committee, Trade Smooth Trade Working Group, Investment Cooperation Working Group, and other mechanisms, give full play to the platform role of exhibitions such as the China-ASEAN Expo and the China-Africa Economic and Trade Expo, and strengthen economic and trade exchanges and communication and docking with the co-construction countries. Sign free trade agreements with Ecuador, Serbia and other countries, and sign investment agreements with Angola, Tajikistan and other countries to improve the level of trade and investment liberalization and facilitation. Reporter Kim Yuxi

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