China's imports and exports with countries along the ＂One B

Pubdate：2019-04-15 13:25  Writer：admin  Source：ANDI

　　China's imports and exports of goods with countries along the "" One Belt And One Road" "route reached $1.3 trillion in 2018, up 16.3 percent year-on-year, said gao feng, spokesman for the ministry of commerce, at a regular press conference on Tuesday. China's exports to countries along the belt and road totaled us $704.73 billion, up 10.9 percent year-on-year. Imports from countries along the belt and road totaled us $563.07 billion, up 23.9 percent year-on-year.
　　
　　Gao feng pointed out that 2018 marks the 5th anniversary of the "One Belt And One Road" initiative. All relevant countries have discussed, jointly built and Shared the initiative. The "One Belt And One Road" cooperation action plan has been steadily promoted.
　　
　　First, trade has continued to deepen. In 2018, China's total import and export of goods with countries along the "One Belt And One Road" route reached 1.3 trillion us dollars, up 16.3% year-on-year, 3.7 percentage points higher than the growth rate of China's foreign trade in the same period, accounting for 27.4% of the total foreign trade. China's exports to countries along the belt and road totaled us $704.73 billion, up 10.9 percent year-on-year. Imports from countries along the belt and road totaled us $563.07 billion, up 23.9 percent year-on-year.
　　
　　Second, the potential of two-way investment will be further unleashed. Chinese enterprises' non-financial direct investment in countries along the belt and road reached us $15.64 billion, up 8.9 percent year-on-year and accounting for 13 percent of the total in the same period. The turnover of foreign contracted projects in countries along the belt and road reached 89.33 billion us dollars, up by 4.4% year-on-year, accounting for 52% of the total in the same period. Direct investment from countries along the belt and road reached us $6.08 billion, up 11.9 percent year-on-year.
　　
　　Third, the driving effect of major projects has become more prominent. The china-maldives friendship bridge was opened to traffic, the Inner Mongolia railway was put into operation, the gwadar port had operational capacity, the main part of the second phase of hambantota port was completed, and the china-laos, china-thailand railway and other projects were advanced in an orderly manner.
　　
　　Fourth, a network of high-standard free trade zones was formed at an accelerated pace. The fta between China and Georgia came into force, the fta negotiations with Mauritius were completed, the fta upgrade protocol was signed with Singapore, positive progress was made in the negotiations on the regional comprehensive economic partnership (RCEP), and the economic and trade cooperation agreement was signed with the Eurasian economic union.