China's trade with Belt and Road countries surpasses $1 trillion in 2015
Updated: 2016-06-23 11:10
(Xinhua)
|
|||||||||
TASHKENT - China's trade with countries participating in the Belt and Road Initiative surpassed $1 trillion in 2015, accounting for a quarter of its total foreign trade, Chinese President Xi Jinping said here Wednesday.
Over 70 countries and international organizations have taken part in the Belt and Road Initiative and some 30 countries have signed cooperation deals with China to jointly push forward the initiative over the past three years, Xi said in an address to the Uzbek Parliament.
Summing up the early harvests of the Belt and Road Initiative, Xi said Chinese enterprises' direct investment in 49 countries along the economic corridor reached nearly $15 billion in 2015, up 18 percent year on year, while those countries' investment in China exceeded $8.2 billion, up 25 percent.
China has inked production capacity cooperation deals with 20 countries and jointly set up 46 overseas economic cooperation zones in 17 Belt and Road countries, with accumulated Chinese investment topping $14 billion and creating 60,000 local jobs.
Meanwhile, the Asian Infrastructure Investment Bank entered into operation with 57 active participant countries, and the Silk Road Fund and the China-Eurasia Economic Cooperation Fund were also established.
The Belt and Road Initiative's primary planning and deployment has completed and is now stepping into the stage of taking roots and intensive cultivation for sustained development, Xi said.
The Chinese president is in Uzbekistan for a state visit. He will also attend the 16th summit of the Shanghai Cooperation Organization on June 23-24.
Related Stories
Chinese official calls for pragmatic cooperation in Belt and Road Initiative 2016-06-22 10:16
New alliance to fuel China's 'Belt and Road Initiative' 2016-06-17 10:27
China's ZTE to embark on 'digital silk road' with Malaysian university 2016-06-08 15:01
Italy ready, eager to get involved in China's B&R initiative: ambassador 2016-06-02 17:25
Belt and Road Initiative strengthens HK's position as offshore RMB trading hub 2016-05-14 10:59
Today's Top News
Britons edging closer to voting to remain in EU
UK to opt to stay in EU: Portuguese president
Fund manager listed on London Stock Exchange
China and Poland eye major deals
Major British media divided over EU Referendum
British parliament in rare recall for tribute to Jo Cox
2016 is likely to be the hottest year on record
UK opinion polls show shift towards 'In' for EU vote
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Hollywood snaps up rock star's dog film |
Chinese people welcome dispossessed |
The can-do generation to the fore |
Riding the wave |
Leisure giants buoy cruise market |
She followed her heart |