Investment and trade cooperation is the key content of the construction of the “Belt and Road”. We will vigorously solve the problem of investment and trade facilitation, eliminate investment and trade barriers, build a good business environment in the region and in various countries, actively discuss and build free trade zones with countries and regions along the route, stimulate and release cooperation potential, and make the cooperation “cake” bigger and better.
As of January 6, 2023, China has signed more than 200 cooperation documents on the joint construction of the “Belt and Road” with 151 countries and 32 international organizations, covering areas such as connectivity, investment, trade, finance, science and technology, society, humanities, people’s livelihood, oceans, and e-commerce. The countries covered include Africa (52), Asia (40), Europe (27), Oceania (11), South America (9), and North America (12).
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Inquiry on the investment guide of countries and regions along the “Belt and Road”
Log in to the China Belt and Road website, under the “International Cooperation” item on the homepage, you can view information such as “Overview of Countries”, “Country Pictures”, and “Investment Guide”, and you can also download detailed investment guides for various countries (regions).
According to the “China’s Belt and Road Trade and Investment Development Report 2022”, in 2021, China’s trade in goods with countries and regions along the Belt and Road reached a new high of 18 trillion US dollars, a year-on-year increase of 32.6%. ASEAN has become the region where China conducts the most concentrated trade in goods with countries and regions participating in the construction of the Belt and Road. The total trade in goods between China and ASEAN reached 878.21 billion US dollars, accounting for 48.9% of the total trade in goods with countries and regions along the Belt and Road, and 34.8% of the total trade in goods with countries and regions participating in the construction of the Belt and Road.
From 2013 to 2021, the proportion of intermediate products in China’s exports to countries and regions along the Belt and Road increased from 49.8% in 2013 to 56.2% in 2021.
In 2021, China’s exports of mechanical and electrical products and labor-intensive products to countries and regions along the Belt and Road were 3.55 trillion yuan and 1.25 trillion yuan, respectively, up 18.8% and 15.2% year-on-year, accounting for 72.9% of China’s total exports to countries and regions along the Belt and Road that year. During the same period, exports of medicinal materials and medicines amounted to 118.13 billion yuan, up 168.6% year-on-year.
China imported 1.18 trillion yuan, 356.55 billion yuan, 212.77 billion yuan and 185.45 billion yuan of crude oil, agricultural products, metal ore and natural gas from countries and regions along the Belt and Road, up 44%, 26.1%, 24.9% and 38.9% year-on-year, respectively.
With the year-on-year growth of trade volume between China and countries and regions along the Belt and Road, closer cooperation in industrial chain and supply chain will bring broad market opportunities to enterprises.